Savings Accounts

Save with Confidence

The key to increasing your earning potential is using your money effectively while you have it. Make your money work for you with a personal savings account from First National Bank Alaska.

Regular Savings

You can save with confidence with this account. Your deposit is held in one of the nation's soundest banks and insured by the FDIC. Account details:

  • No minimum deposit to open
  • Meet the minimum daily balance of $300 to avoid monthly service fee
  • Monthly service fee of $2 with e-Statement
  • Monthly service fee of $3 with mailed paper statement
  • No charge for first three withdrawals per month, including automatic, telephone, or pre-authorized transfers
  • Limited to six transfers per month

Interest is compounded daily and credited on the last day of each quarter. Funds earn interest at a competitive rate (daily balance computation method); for current annual percentage yield (APY), click here.

First Tier Savings

This variable-rate account benefits customers who make frequent deposits to meet a goal. It features an open term which provides an attractive alternative to certificates of deposit. Account details:

  • Minimum deposit of $7,500 to open
  • Meet the minimum daily balance of $7,500 to avoid monthly service fee
  • Monthly service fee of $19 with e-Statement
  • Monthly service fee of $20 with mailed paper statement
  • Deposits can be made at any time and in any increment
  • Interest rates tiered by balance (higher balance = higher rate)
  • No charge for first withdrawal each month, including automatic, telephone, or pre-authorized transfers
  • Limited to six transfers per month

Interest is compounded daily and credited on the last day of each quarter. Funds earn interest at a competitive rate (daily balance computation method); for current annual percentage yield (APY) and balance tiers, click here.

Youth Savings (UTMA)

This is a savings account for gifts to minors which is subject to the Uniform Transfers to Minors Act. Account details:

  • No minimum deposit to open
  • Meet the minimum daily balance of $300 to avoid monthly service fee
  • Monthly service fee of $2 with e-Statement
  • Monthly service fee of $3 with mailed paper statement
  • Allows one custodian/signer per account (by law)
  • No charge for first three withdrawals per month, including automatic, telephone, or pre-authorized transfers
  • Limited to six transfers per month

Interest is compounded daily and credited on the last day of each quarter. Funds earn interest at a competitive rate (daily balance computation method); for current annual percentage yield (APY) and balance tiers, click here.

For All Savings Accounts

The minimum daily balance is required to avoid monthly service fees. Excessive transfers may result in closure of account. Transfers refers to automatic, telephone or preauthorized transfers. Withdrawals refers to in person and ATM withdrawals, and automatic, telephone, or pre-authorized transfers.

 FDIC insured up to the standard maximum amount ($250,000) for each deposit insurance ownership category.