Basic Savings Account

Achieve your savings goals

Dividends are calculated daily, from the date of deposit to the date of withdrawal*

A steady rate of return

Today's Rates1

Annual Percentage Yield2

Our Basic Savings Account offers a secure, reliable way to save so you can meet your financial goals.  

  • Earn dividends from the date of deposit to the date of withdrawal.3 
  • Dividends are calculated daily and paid quarterly. 
  • There’s no maintenance fee when your balance remains above $50 (or above $5 if you’re under 26). 
  • Set up a direct deposit from your paycheck to make saving easy. 

Savings account features

Convenient access

Use any of the 55,000+ surcharge free ATMs in our network. If you also have an Alaska USA checking account, then you can use your Visa® Debit Card for both your checking and savings accounts.

Alaska USA is part of the CO-OP Shared Branch Network®, so you can visit a branch to access your accounts at thousands of locations across the U.S. Most shared branch locations offer a range of services, including:

  • Deposits and withdrawals
  • Loan payments
  • Visa cash advances

Many shared branch locations also offer transfers, statement printouts, check withdrawals, money orders, and notary services.

Overdraft protection

Bouncing a check can be awkward and expensive. Avoid all that by setting up your savings account as overdraft protection for your Alaska USA checking account. If you need to use your overdraft protection there’s a small $5 fee.

Even more benefits

Every Alaska USA savings account offers the following benefits:

  • Use your savings account to secure a pledge of shares loan or to start building credit with an Alaska USA Secured Visa® Platinum Credit Card.
  • Avoid the quarterly maintenance fee of $5 by keeping a minimum balance or by linking another Alaska USA account, such as a checking account or loan.
  • Automate your saving by setting up automatic deposits from another account.
  • Our Member Service Center offers live 24/7 support—even on holidays.
Alaska mobile app

Online & mobile banking 

Secure, convenient, and available 24/7

  • View your account balances and recent transactions.
  • Transfer money between your accounts or send to family and friends.
  • Deposit checks and make payments.
  • Turn your Alaska USA Credit Union Debit and Credit Cards on or off.

App Store     Google Play

Savings Account FAQs

There’s no maintenance fee for an Alaska USA savings account, as long as your balance remains above $50 (or $5 for members who are under 26 years old).  

You can also avoid the quarterly maintenance fee of $5 by linking another Alaska USA account to your savings, such as a checking account or loan. 

We calculate dividends daily and credit them to your account every quarter. You earn dividends on your savings from the date of deposit to the date of withdrawal. You must have a minimum balance of $50 to earn dividends. 

No, there’s no limit to the number of withdrawals you can make. To access your account, you can:  

  • Use any of the 55,000+ surcharge free ATMs in our network. 
  • Transfer money through Online & Mobile Banking. 
  • Visit one of our Alaska USA branches or one of the many locations in the CO-OP Shared Branch Network®. 

Yes, all Alaska USA savings accounts are federally insured up to $250,000 by the NCUA, an agency of the U.S. government. This includes accounts for individuals, businesses, organizations, associations, and public units. 

Yes, if you are enrolled in online banking, you can receive eStatements instead of paper statements in the mail. You can also sign up to receive an email reminder when your new eStatement is ready. 

To sign up for eStatements: 

  1. Log in to your account. 
  2. Click the Account Services tab. 
  3. Click Request eStatements. 
  4. Review and accept the Electronic Statements and Notices Disclosure and Agreement. 

Learn about money management

Mother and father holding daughter on their shoulders.

How Do I Automatically Transfer Money to Savings?

Reach your goals faster with automatic transfers to your savings account.

Woman discussing her finances

Banks vs. Credit Unions: What’s the Difference?

Earn higher interest, pay lower fees. Here’s what’s good about credit unions.

A couple looking at their finances

How to Create a Household Budget: 5 Things You Need to Know

A good budget helps you make smart money decisions. Here’s how to get started.

*$50 minimum daily balance required to earn dividends 

1Rates are subject to change at any time for any reason. See our rates page for full details.

2The annual percentage yield is the prospective yield that Alaska USA anticipates paying for the applicable dividend period. Yields may change after an account is opened. 

3The applicable minimum daily balance is required to obtain the stated Annual Percentage Yield (APY). 

You may change your savings account type, one time per dividend period by visiting a branch or by calling the Member Service Center. Please note that the type of account does not automatically change based upon the account balance. 

For complete account information, refer to the Share Account Disclosure Statement. You will also receive one at the time an account is opened.