Alaska USA Federal Credit Union Money Market Account

Alaska USA Federal Credit Union Money Market Account Review

Alaska USA Federal Credit Union Money Market Account is offered by Alaska USA Federal Credit Union, a credit union founded in 1992 and based in Anchorage, AK. Alaska USA Federal Credit Union Money Market Account are available in 50 states (and Washington, DC).

Key Takeaways

• Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.15%, which is much higher than the national average for a money market account.However, you must keep a minimum balance of $2500.
• Charges a monthly fee. This account charges a monthly service fee of up to $5, but the fee is waived if you keep a minimum balance of $50.
• No minimum initial deposit. There is no minimum balance required to open an account.

Pros & Cons of Alaska USA Federal Credit Union Money Market Account

Alaska USA Federal Credit Union Money Market Account FAQ

Are money market accounts from Alaska USA Federal Credit Union federally insured?

Yes, your Alaska USA Federal Credit Union money market accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What are the dividends for Alaska USA money market rates?

Alaska USA money market offers an APY starting at 0.05% and ranging up to 0.15% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2500.

What are the fees for Alaska USA Federal Credit Union Money Market Account?

What is the minimum balance for Alaska USA money market?

No minimum initial deposit. Alaska USA Federal Credit Union does not require a minimum initial deposit to open an account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $50.

Interest rate minimum balance of $2,500. You must keep the account balance above $2,500 to earn interest.

What features and perks does Alaska USA money market offer?

This account includes the following features:

• Fraud monitoring - Alaska USA Federal Credit Union monitors transactions for potentially fraudulent activity.
• Mobile Banking Services - Alaska USA money market allows you to manage your money through online banking and a dedicated mobile app.

What is the customer service phone number?

The customer service number for this business card is (907) 563-4567.

What is the support contact email?

The support contact email for this business credit card is memberserviceatalaskausa.org.

How to open an account with Alaska USA Federal Credit Union

• Visit the Alaska USA Federal Credit Union website.
• Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
• Check the information is accurate and submit your application.