Alaska Military Checking

Serving in the Last Frontier has its benefits

Have your military pay or retirement check directly deposited in the Alaska Military Checking account and enjoy a slew of benefits, including up to $500 off the origination fee of an approved mortgage loan at First National Bank.

  • No minimum deposit required to open
  • Collected funds in the account earn interest at a competitive rate (daily balance computation method); for current annual percentage yield (APY), click here
  • One direct deposit per statement cycle OR minimum daily balance of $3,500 to avoid monthly service fee
  • Monthly service fee of $9 with e-statement
  • Monthly service fee of $10 with mailed statement
  • Free small safe deposit box (where available)
  • Mastercard® credit card with no annual fee (must qualify)
  • No-fee money orders
  • Free First National Bank Alaska exclusive checks
  • Free savings overdraft protection
  • Unlimited check writing, ATM and ACH withdrawals, point-of sale and Mastercard® transactions, automatic, telephone and pre-authorized transfers