Savings Account

The first step in your savings journey

An easy way to put aside money—while earning dividends with as little as $50*

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Today's Rate1

Annual Percentage Yield2

A steady rate of return

Our Savings account offers a secure, reliable way to meet your financial goals1.

  • Earn dividends from the date of deposit to the date of withdrawal.3
  • Dividends are calculated daily and paid quarterly.
  • No maintenance fee.
  • Set up a recurring direct deposit from your paycheck to make saving easy.

Savings account features

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Convenient access

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

As part of the CO-OP Shared Branch Network® you can visit a branch to access your accounts at thousands of locations across the U.S.

  • Shared branch locations offer a range of services that may include:
  • Deposits, withdrawals, and transfers.
  • Loan payments.
  • Visa cash advances, check withdrawals, and money orders.
  • Notary services.
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Overdraft protection

Want the flexibility to go over your balance if you need to? Ask for overdraft protection to take funds from your Savings, Money Market, credit line, or home equity line of credit4.

If you need to use your overdraft protection, there is one low fee charged based on your balance at the end of the day—rather than for each individual transaction.

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Even more 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.

Automate your saving by setting up automatic deposits from another account.

Talk to a real person through the 24/7 Member Service Center—even on holidays.

Alaska mobile app
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.

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Savings Account FAQs

There’s no maintenance fee for an Alaska USA savings account.

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. Members can create up to 10 savings per account so you can organize your savings goals. Visit a branch or call the Member Service Center to create a new savings. 

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

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How Do I Automatically Transfer Money to Savings?

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

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*$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). 

4A Latitude checking account is required to sign up for overdraft protection. 

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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