Does Alaska USA offer investment accounts?
Alaska USA offers insured Money Market and Certificate accounts. Traditional and Roth IRAs are also available and provide tax benefits as well. IRAs are insured separately from your other credit union accounts.
Does Alaska USA offer senior checking?
Alaska USA offers three checking account types to meet consumers' needs. All Alaska USA consumer checking accounts have unlimited check writing and are free with either direct deposit or a low minimum balance.
Does Alaska USA offer trust accounts?
Alaska USA Federal Credit Union can assist in providing members with Living Revocable or Irrevocable Trust accounts. For more information, call the Member Service Center.
How old do I have to be to get a checking account with an ATM or Visa Debit Card?
You must be 16 years old to establish a checking account. You may request and be issued an ATM card at the time you open the account.
In order to obtain a Visa Debit Card you must be 18 years old and meet the requirement of having an established checking account for one year.
What is Federal Regulation D?
Federal Regulation D (Reg D) establishes the monetary reserve amount financial institutions are required to maintain. All deposit or share accounts are categorized as transactional or non-transactional, and reserve requirements differ accordingly.
Reg D also restricts non-transactional accounts to prevent their being used as transactional accounts. Financial institutions are required to enforce these restrictions, to include closing an account that repeatedly exceeds these limits. Alaska USA has opted to enforce these limits by not allowing members to exceed the limit of restricted transfers or withdrawals.
Savings and money market accounts are non-transactional acounts subject to the following restriction:
This limit includes transfers made through UltraBranch or initiated by calling the member service center, or by overdraft protection.
In-person transactions at a branch or ATM are exempt from these restrictions.
There are several things you can do to avoid the transfer restrictions of this regulation:
When will I receive my statement?
Members receive statements monthly or quarterly, based on the types of accounts they have. Monthly statements are generated if an account has any one of the following:
Accounts that receive monthly statements are divided into four groups based upon the last digit in their account number. Normally, paper statements are mailed within five working days from the date they were prepared. eStatements (electronic statements) can be accessed on the same schedule.
|Last digit of account number||Approximate date of statement|
|0 or 1||7th of month|
|2, 3 or 4||14th of month|
|5, 6 or 7||21st of month|
|8 or 9||28th of month|
Why was I charged an "International Transaction Fee" on my debit or ATM withdrawal or purchase?