News Archive

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The Ounalashka Settlement Trust has declared a distribution of $36 per unit. Direct deposits and checks will go out on Monday, January 28, 2019. If you need to update your information or have questions about the distribution, find the nessecary forms here or call 907.581.1276.

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The Ounalashka Corporation (OC) Board of Directors has appointed Brian D. Rankin of Unalaska to fill the seat opened by the passing of board member Fredrick Lekanoff.

Brian was raised in Unalaska, and he and his family live there today. Brian has worked for the City of Unalaska for over 20 years. He has been a member of the International Longshore and Warehouse Union 223 since 2002. In addition, he served as a member of the Unalaska Volunteer Fire Department for over 20 years and was on the founding board for the Alaska State Firefighters Association’s Unalaska Chapter. Today, he is a Life Member with the Alaska State Firefighters Association and is active in fundraising for the organization’s programs. Brian also served on the Unalaska Head Start Parents board, where he worked with local and state legislators to support educational issues for the Unalaska community.

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Ounalashka Corporation’s offices will be closed December 24 and 25 in observance of the holiday. We will reopen at 8 a.m. on December 26. Have a safe and happy Christmas!

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It is with great sadness that we share the news that Fred Lekanoff, a devoted Ounalashka Corporation Director and Shareholder, has passed away after a hard fight with illness.

Fred served as a Director of the Ounalashka Corporation from 2009-2012, and again from 2013 until present. Fred brought a great depth of knowledge to the OC Board, and served the Corporation well with his expertise in real estate investment and management, and his devotion to the well-being of OC Shareholders.

Fred will always be remembered as a passionate advocate for professional standards and as a fierce protector of corporate assets. He will also be remembered for his humor and compassion. Fred always expressed his gratitude for the opportunity to serve the OC Shareholders

Fred will be dearly remembered and missed in the community and at the Ounalashka Corporation, and our hearts go out to Fred’s wife Kelsi and their two children, his mother Mary Lekanoff, his sisters Lydia Gordon and Diane Jenkins, and the rest of Fred’s family. We offer our sincerest condolences and may his memory be eternal.

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The October dividend was declared at $10 per share, checks will be mailed on Thursday, October 27 and direct deposit should be available by Friday, October 28, 2016. Please make sure that OC has your current information to ensure checks/direct deposits are delivered efficiently. Thank you.

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The January 2017 dividend was declared at $23 per share, checks will be mailed on Thursday, January 26 and direct deposit should be available by Friday, January 27, 2017. Please make sure that OC has your current information to ensure checks/direct deposits are delivered efficiently. Thank you.

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OC Shareholder Informational Meeting at The Hotel Captain Cook’s Endeavor Room on Saturday, March 25, 2017. Prize winners: Nicholas McDonald – Round Trip Ticket to OC Annual Meeting June 2017 in Unalaska Pat Rich – $500 Katherine Glenn – $100 Janice Krukoff – $100 (Donated to Unalaska Senior Lunch Program) Robert Moller – $100

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The January 2017 dividend was declared at $23 per share, checks will be mailed on Thursday, January 26 and direct deposit should be available by Friday, January 27, 2017. Please make sure that OC has your current information to ensure checks/direct deposits are delivered efficiently. Thank you

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As of April, 13, 2018, OC offers a Stock Will Incentive program. Shareholders can receive a one-time $100 payout for submitting a valid Stock Form or general Last Will and Testament that states to whom shares should be left to. Having a stock will on file saves your Corporation thousands of dollars but, more importantly,

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