Business 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 business 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 your business 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 available checking balance if you need to? We’ve also lowered the fees for our overdraft programs.
  • We’ve added account options that work for every lifestyle—like accounts with no minimum balance or maintenance fee requirements.

Saving your business 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

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

Business account improvement FAQs » 

Have a personal account? See what's new »

FAQs

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. 

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.

Our overdraft offerings have changed. Business members who wish to continue using our overdraft offerings should contact the Member Service Center at 800-525-9094 or visit their local branch. 

In some cases, we will not make all of the funds that you deposit by check available to you on the first business day after the day of your deposit. Depending on the amount and type of check that you deposit, funds may not be available until the fifth business day after the day of your deposit. The first $225 of your deposits, however, may be available on the first business day.

If we are not going to make all of the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will notify you in writing when the hold decision is made. We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available (generally no later than the fifth business day after the day of your deposit).

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, rounded up to nearest $100, in excess of three (3) per calendar month. $5.00 per transfer
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
Courtesy Pay
Automatically provided up to $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 for Debit Cards (formerly Overdraft Services) 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
Overdraft Services (formerly Courtesy Pay)
Not available for business accounts.

 

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 FUNDS AVAILABILITY

CURRENT AS OF DECEMBER 4, 2022
Funds Availability
In some cases, we will not make all of the funds that you deposit by check available to you on the day of your deposit. Depending on the type of check and dollar amount of the check(s), funds may be unavailable for up to two (2) business days after the day of the deposit. If held, the first $225 of a deposit becomes available on the first business day after the deposit is made. Additional funds up to a total of $5,300 may be released two (2) business days after the day the deposit is made.
If all of the funds from a deposit will not be available on the day of the deposit, notification at the time the deposit is made will include a schedule of the days when the specific amounts will become available. If the deposit is not made directly to an Alaska USA employee, or if a decision is subsequently made not to make funds from that deposit immediately available, a notice will be mailed to the address of record.
Funds Availability
In some cases, we will not make all of the funds that you deposit by check available to you on the first business day after the day of your deposit. Depending on the amount and type of check that you deposit, funds may not be available until the fifth business day after the day of your deposit. The first $225 of your deposits, however, may be available on the first business day.
If we are not going to make all of the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will notify you in writing when the hold decision is made.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available (generally no later than the fifth business day after the day of your deposit).

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