1.26% Reward Checking at Denali State Bank in Alaska
POSTED ON BY Ken Tumin
Denali State Bank is offering a reward checking account called Xtreme Checking that pays 1.26% APY on balances up to $25,000 (0.50% for above) and refunds ATM fees if at least 10 debit card purchases a month are done. Some downsides compared to the typical reward checking account include:
Branches are located in Fairbanks and Tok, Alaska. The bank has been FDIC insured since 1986 (FDIC Certificate # 26530).
Thanks to the reader who mentioned this account in the comments.
Other Reward Checking Accounts
This is the first reward checking account that I've seen in Alaska. Unfortunately, the rate is very low for reward checking. But the rate is competitive compared to other liquid bank accounts at Alaska financial institutions. Alaska USA Federal Credit Union (Alaska's largest credit union) currently offers 1.30% APY on balances from $10K to $25K on its Super Money Market Account as of 1/23/09 (see rate table).
To find reward checking accounts in other areas of the nation or to learn more about these accounts, please refer to my High Yield Checking website.
- $25 monthly service charge if debit card requirements aren't met
- ATM reimbursement form must be submitted to receive ATM refunds
- Written checks are $2.50 each (but bill pay is free)
Branches are located in Fairbanks and Tok, Alaska. The bank has been FDIC insured since 1986 (FDIC Certificate # 26530).
Thanks to the reader who mentioned this account in the comments.
Other Reward Checking Accounts
This is the first reward checking account that I've seen in Alaska. Unfortunately, the rate is very low for reward checking. But the rate is competitive compared to other liquid bank accounts at Alaska financial institutions. Alaska USA Federal Credit Union (Alaska's largest credit union) currently offers 1.30% APY on balances from $10K to $25K on its Super Money Market Account as of 1/23/09 (see rate table).
To find reward checking accounts in other areas of the nation or to learn more about these accounts, please refer to my High Yield Checking website.
This is not a deal. Are you now posting anything, deal or not?
This wasn't even worth posting. Nothing about it is a "Bankdeal".
This is the first reward checking account that I've seen in Alaska. Unfortunately, the rate is very low for reward checking. But the rate is competitive compared to other liquid bank accounts at Alaska financial institutions.
I've had readers from Alaska asking about reward checking accounts. I wish Alaska had better offerings, but this is the only one I've found so far.
Keep reporting them like you see them.
I follow this site faithfully and have set a a CD ladder several years ago, thanks to this site. And in times of low interest rates like today's climate, CD laddering has literally been paying off. Thanks to you.
But then again its Alaska.