- $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.