Certificate Accounts

A low risk way to invest

This insured investment helps grow your savings, earning higher rates for longer investment cycles.

Higher rates for longer terms

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Today's Rates1

APY as high as2 4.55%

Certificate accounts offer better rates on longer terms. If you don’t need your money right away, you can also earn a higher rate1 when you invest for a longer term.  

  • Earn dividends based on market conditions. 
  • Keep the same rate throughout the term of the certificate.
  • Open a certificate with as little as $5003
  • Terms range from 30 days up to five years.
  • Simplify your investment with automatic renewal.
  • Receive a notification before your certificate term ends. 

Why choose a certificate account?

A smarter way to save

With a certificate account, you can increase your earnings by reinvesting dividends in the certificate and compounding monthly. Or, you can supplement your income by withdrawing the dividends each month for certificates that mature in one year or more.

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Because certificate accounts can be insured up to $250,000, this is a low-risk way to invest your money. This can make certificate accounts a good option for balancing your investment portfolio.

How to open a certificate

You can open a certificate account at any Alaska USA branch or by calling our 24/7 Member Service Center at 800-525-9094.


Already a member?

You also have the option to open a certificate account via online account access—simply follow the steps outlined below:


Sign in

Sign into your account


Select the Account Profile tab, then the Open Certificate link below the tabs


Follow the onscreen instructions to open your new certificate account

Certificate Account FAQs

Certificates are designed to hold your money for a set length of time in exchange for a set rate of return. However, there are ways to access the money earlier if you need it: 

  • You can borrow against your certificate with a Pledge of Certificate loan. 
  • If you decide to withdraw the money before your certificate matures, an early withdrawal penalty will be deducted from your balance. 

For certificates with terms of 12 months or more, dividends accrue monthly. You can receive your dividends at the end of each calendar month, or have them automatically reinvested back into your certificate to earn more.  

For certificates with terms of less than 12 months, dividends are paid when your certificate matures. 

When you open your certificate account, you can decide how you want to receive your dividends when the certificate matures—just specify the account where you want the money deposited or request a check. Or, you can automatically reinvest the money in another certificate. You can also change these options at any time during your certificate term. 

Certificate laddering is a savings strategy that distributes your funds across multiple certificates with different rates and terms. This allows you to take advantage of the higher rates that are usually available for longer-term certificates, but it also allows you earlier access to the money that you place in shorter-term certificates. 

Yes! Members using online account access may elect to receive eStatements, electronic versions of their statements, instead of paper statements in the mail.

How to sign up for eStatements:

  • Log in to your account and Click on the "Account Services" tab
  • Near the bottom of the page, click on "Receive eStatements only"
  • Review and accept the "Electronic Statements and Notices Disclosure Agreement".
  • If you wish to receive an email reminder when your new eStatement is ready, enter your email address where indicated.

By signing up for eStatements, you are agreeing to receive your statement and important disclosure and regulatory information electronically. Some communications may still be delivered via the mail as required.

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

2The disclosed Annual Percentage Yield (APY) is the prospective yield that Alaska USA anticipates paying for the applicable dividend period. Once the certificate is issued the APY will remain fixed until maturity. The dividend distribution method you select may affect certificate earnings. There is a penalty for early withdrawal from a certificate or tax-deferred IRA certificate. In the event an early withdrawal lowers the certificate balance below the required minimum, the certificate must be canceled or closed, and the forfeiture amount will be calculated using the full balance of the certificate.

3Minimum deposit required is $500. Maturity periods vary from 30 days to 60 months. Certificates are subject to early withdrawal penalties. 

There are no qualification or eligibility criteria for members. For complete account information, refer to the Share Account Disclosure Statement. You will also receive one at the time an account is opened. 

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