| Account | Personal Savings Account | First Tier Savings Account | Youth Savings (UTMA) Account1 |
|---|---|---|---|
| Description | For more than 100 years, Alaskans have trusted First National to help them prepare for the future. | A First Tier account is ideal if you save regularly to meet a goal. It’s a variable-rate, open-term account. | This savings account is ideal if you’re putting money away as a gift for a minor. It’s subject to the Uniform Transfers to Minors Act. |
| Minimum Deposit to Open | None | $7,500 | None |
| Monthly Service Fees | $3 with mailed paper statements2 $2 with e-statements3 Fee waived if minimum daily balance4 of $300 | $20 with mailed paper statements2 $19 with e-statements3 Fee waived if minimum daily balance4 of $7,500 | $3 Fee waived if you sign up for e-statements3 or maintain a minimum daily balance4 of $300 |
| Transaction Fees5 Review fee schedule for transaction and other account fees | No charge for first three debits per month, $3 each thereafter | No charge for first debit per month, $20 each thereafter | No charge for first three debits per month, $3 each thereafter |
| Benefits and Features | Interest compounds daily and is credited on the last day of each quarter. The higher your account balance, the more interest you’ll earn. | Interest compounds daily and is credited on the last day of each quarter. The higher your account balance, the more interest you’ll earn. | Interest compounds daily and is credited on the last day of each quarter. The higher your account balance, the more interest you’ll earn. One custodian/signer per account |
Statements Your Way
Paper Statements
Printed paper statements are available for a monthly fee. With this option, you can include standard or enhanced check images with your paper statements for an additional fee.
E-Statements and E-Notices
Avoid the paper statement mailing fee by receiving your account statements electronically.6
Safe and Secure
Your funds are protected by First National’s more than 100-year track record of sound fiduciary oversight. Deposit accounts at First National are insured by the FDIC up to the standard maximum deposit insurance amount ($250,000) per depositor for each account insurance ownership category.
Save with Confidence
Minimum Daily Balance
Maintain the minimum daily balance to avoid a monthly service fee. Other account fees or restrictions may apply.
Convenient Saving
Make automatic, telephone, online, or preauthorized transfers easily and securely.
Cash Withdrawals
Withdraw funds in person, at an ATM, or transfer your funds securely online or at the bank.
Contact Us
Turn your goals into reality. Give us a call or stop by your nearest branch for help finding the savings account that’s right for you.
Fees
Disclosures
- Restrictions may apply to qualify for certain accounts. Please see a First National Bank Alaska associate for further information.
- Monthly Service Fee with mailed statements is only assessed if the balance, transaction, or statement requirement is not met during the statement period. Other account fees or restrictions may apply.
- Monthly Service Fee with e-statement is only assessed if the balance, transaction, or statement requirement is not met during the statement period. Other account fees or restrictions may apply.
- Minimum Daily Balance Requirement is the minimum daily ledger balance for the statement cycle required to waive the Monthly Service Fee. Other account fees or restrictions may apply.
- This refers to each in-person withdrawal, automatic, telephone, online or pre-authorized transfer.
- E-Statements
- Email notifications when your e-statement is available in your online banking portal.
- E-statements remain available in your online banking portal for up to 24 months.
- Our standard online account statements display images of the front and back of all checks processed during the statement period, five checks per sheet (images are acceptable in court and by the IRS).