Account Improvements

Lower fees and better earnings? You got it.

Starting December 4, we’re making it easier to save and earn with Alaska USA accounts

What's changing?

You’ve got a lot going on in your life, so the last thing you need is the financial part weighing you down. That’s why we’re updating our accounts to help save you money—and earn more on the money you save.

Your account and card numbers will stay the same so there is no disruption or change to your recurring payments, direct deposits, or transfers.

Get ready to pay less

Alaska USA has always been a low-fee leader—and with expenses rising everywhere we've decided to lower them even more.

  • We’ve eliminated non-sufficient funds (NSF) fees—so we’ve given you one less thing to worry about.
  • Want the flexibility to go over your balance if you need to? Our overdraft protection is one low fee—rather than for each transaction.
  • We’ve added account options that work for every lifestyle—like accounts with no minimum balance or maintenance fee requirements.

Checking accounts for every lifestyle

Core

Basic checking for budgeters and members under 18

Latitude

Stress free checking for frequent spenders over 18
Minimum balance No requirement No requirement
Maintenance fee None $5.00 per month—waived with recurring direct deposit
Non-sufficient funds (NSF) fee None None
Overdraft offerings Not eligible Eligible—must opt in
Minimum balance
Maintenance fee
Non-sufficient funds (NSF) fee
Overdraft offerings

Core

Basic checking for budgeters and members under 18
Minimum balance
No requirement
Maintenance fee
None
Non-sufficient funds (NSF) fee
None
Overdraft offerings
Not eligible

Latitude

Stress free checking for frequent spenders over 18
Minimum balance
No requirement
Maintenance fee
$5.00 per month—waived with recurring direct deposit
Non-sufficient funds (NSF) fee
None
Overdraft offerings
Eligible—must opt in

Questions?

Alaska USA Member Service Center is available to support you 24 hours a day, 7 days a week. 

Call: 800-525-9094
Email: memberservice@alaskausa.org

Account improvement FAQs » 

Have a business account? See what's new »

Saving you money in more ways than one

Savings

A safe and reliable way to reach your savings goals

  • No maintenance fee
  • No minimum balance requirement
  • Earns dividends on balance of $50 or greater; $5 or greater if under 18
  • Up to ten Savings per account

 

Money Market

An easily accessible way to earn in step with market conditions

  • No maintenance fee
  • No minimum balance requirement
  • Earns tiered dividends based on balance, starting at $5,000 balance
  • Up to ten Money Markets per account

FAQs

The names Convenience, Relationship, and Investor Checking are being retired.

If you previously told us you don’t want to ever overdraw your account—accidentally or otherwise—you will be placed into Core checking, which has no overdraft fees and no monthly maintenance fees.

If you had your accounts enrolled in Courtesy Pay, Overdraft Services, or Overdraft Protection transfer services, you will be placed into Latitude checking.

No, there will be no disruptions to your direct deposits.

Yes, your debit card number will remain the same and any automatic transactions associated with your card will not be affected.

No, your account numbers will remain the same. Any checks you have will still be valid for use.

Alaska USA is always looking for innovative ways to improve the financial life of members. Restructuring the accounts we offer has allowed us to provide the same level of service you’re used to, while also lowering our fees and improving the earning potential of your accounts.

Contact the Member Service Center at 800-525-9094 or visit your local branch for assistance. 

Our guided tool makes it easy to start or move your direct deposit to Alaska USA. 

  1. Sign in to your Alaska USA account
  2. Click the Account Services tab
  3. Select ClickSWITCH to get started

Since the Investor Checking account is being retired, you will no longer earn dividends on checking. Alaska USA offers other dividend earning accounts you can open instead. For more information contact the Member Service Center at 800-525-9094 or visit your local branch. 

This change makes it so you’ll no longer have to tier hop (open new accounts) from one share type to another in order to earn the best dividend rate. The same account will earn the best dividend rate for the amount you have deposited.

Opting out of Overdraft Services helped ensure that your debit card transactions would not overdraw your account beyond your available funds. However, your account may have allowed ACH, checks, wires, or other transaction types to overdraw your account. We've enhanced overdraft services to allow you to opt out of these potential overdraft situations as well. Need help figuring out how your accounts are currently set up? Give us a call and we’ll make sure you’re using the right services to meet your needs.

CHANGES TO SPECIAL HANDLING FEES

CURRENT AS OF DECEMBER 4, 2022
Non-Sufficient Funds (NSF) $25.00 per presentment
Overdraft Protection Transfer
From a Savings or Money Market share. $5.00 per day
From a credit line in excess of three (3) per calendar month. $5.00 per day
Courtesy Pay / Overdraft Services Fees
Charged each time we pay an item that results in a negative available balance. The amount of the fee is based on the total amount the account is overdrawn.
$0.00 - $5.00 no charge
$5.01 - $10.00 $5.00
$10.01 - $15.00 $10.00
$15.01 - $20.00 $15.00
$20.01 - $25.00 $20.00
$25.01 or more $25.00
Non-Sufficient Funds (NSF) no charge
Overdraft Protection Transfer
From a Savings or Money Market share on days when more than $25.00 is transferred. $5.00 per day
From a credit line loan rounded up to nearest $100. $5.00 per day
Negative Balance Fee
Charged each day we pay an item using Overdraft Services or Overdraft Services for Debit Cards due to a negative available balance. The amount of the fee will be based on the total amount the account is overdrawn at the end of the day.
$0.00 - $25.00 no charge
$25.01 or more $25.00 per day

 

CHANGES TO SAVINGS SHARE ACCOUNTS

CURRENT AS OF DECEMBER 4, 2022
Share Savings
  • $5.00 maintenance fee per quarter if balance falls below $50; below $5 if under 26 years of age; fee waived if the account has another share or loan with a balance
  • Earn dividends when daily balance is $50 or greater
  • Members younger than 26 earn dividends when daily balance exceeds $5
Premium Savings
  • $5.00 maintenance fee per quarter if balance falls below $50; below $5 if under 26 years of age; fee waived if the account has another share or loan with a balance
  • Earn dividends when daily balance is $10,000 or greater
Savings
  • No maintenance fee
  • Earn dividends when daily balance is $50 or greater
  • Members younger than 18 earn dividends when the daily balance exceeds $5
CURRENT AS OF DECEMBER 4, 2022
Money Market
  • $5.00 maintenance fee per month that daily balance falls below $50
  • Earn dividends when daily balance is $2,500 or greater
Super Money Market
  • $5.00 maintenance fee per month that daily balance falls below $50
  • Earn dividends based on your daily balance at the following tiers:
    • $10,000 - $24,999
    • $25,000 or greater
Jumbo Money Market
  • $5.00 maintenance fee per month that daily balance falls below $50
  • Earn dividends based on your daily balance at the following tiers:
    • $50,000 - $99,999
    • $100,000 or greater
Money Market
  • No maintenance fee
  • Earn dividends when daily balance is $5,000 or greater based on the following tiers:
    • $5,000
    • $10,000
    • $25,000
    • $50,000
    • $100,000
    • $250,000

 

CHANGES TO CHECKING SHARE ACCOUNTS

CURRENT AS OF DECEMBER 4, 2022
Convenience Checking
  • $5.00 maintenance fee per month if direct deposit is discontinued
  • Does not earn dividends
Relationship Checking
  • $5.00 maintenance fee per month that daily balance falls below $500 in any associated share or loan; fee is waived if member is under 26 years of age
  • Does not earn dividends
Investor Checking
  • $5.00 maintenance fee per month that daily balance falls below $1,000
  • Earn dividends when daily balance is $1,000 or greater
Core Checking
  • No maintenance fee
  • Does not earn dividends
  • Not eligible for any overdraft special handling services
Latitude Checking
  • $5.00 maintenance fee per month; fee is waived with recurring direct deposit
  • Does not earn dividends
  • Must be 18 or older to qualify
  • Eligible for overdraft special handling services; must opt-in

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