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First Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.firstbankak.com
907-228-4235
331 Dock Street
Ketchikan, AK 99901

First Bank is headquartered in KETCHIKAN and is the 3rd largest bank in the state of Alaska. It is also the 1,212th largest bank in the nation. It was established in 1924 and as of March of 2025, it had grown to 140 employees at 9 locations. First Bank's savings rates are 8X the national average, and it has a B+ health rating.

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Health
B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #14885
Year Established1924
Employees140
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.07%
Return on Equity - YTD16.11%
Annual Interest Income$9.6MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$832.5MM$802MM
LoansQ1 2025vs Q1 2024$234.4MM$207.8MM
DepositsQ1 2025vs Q1 2024$772.4MM$753.9MM
Equity CapitalQ1 2025vs Q1 2024$57.7MM$46MM
Loan Loss AllowanceQ1 2025vs Q1 2024$4.4MM$5.1MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$0$2MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.08%$0-Prime Saver
0.35%*$500k*-Peak Savings
OTHER TIERS: 0.15% → $0 - $15k | 0.20% → $15k - $50k | 0.25% → $50k - $100k | 0.30% → $100k - $500k
0.35%*$500k*-Business Peak Savings
OTHER TIERS: 0.15% → $0 - $15k | 0.20% → $15k - $50k | 0.25% → $50k - $100k | 0.30% → $100k - $500k
0.20%*$100k*-First Premium
OTHER TIERS: 0.10% → $0 - $25k | 0.12% → $25k - $50k | 0.15% → $50k - $100k
0.20%*$100k*-Minor First Premium
OTHER TIERS: 0.10% → $0 - $25k | 0.12% → $25k - $50k | 0.15% → $50k - $100k
0.07%$0-Government Savings Account
0.07%$0-Business Government Savings Account

First Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$25k*-Business Money Market Savings
OTHER TIERS: 0.15% → $0 - $25k
0.20%*$25k*-Money Market Savings
OTHER TIERS: 0.15% → $0 - $25k

First Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$500k*-Business Interest Checking
OTHER TIERS: 0.05% → $0 - $50k | 0.10% → $50k - $100k | 0.12% → $100k - $500k
0.15%*$500k*-Small Business Interest Checking
OTHER TIERS: 0.05% → $0 - $50k | 0.10% → $50k - $100k | 0.12% → $100k - $500k
0.12%*$100k*-Income Checking
OTHER TIERS: 0.05% → $0 - $50k | 0.10% → $50k - $100k

First Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%*$100k*$250k24 to 35 Month Time Deposit
OTHER TIERS: 2.10% → $500 - $25k | 2.15% → $25k - $100k
2.25%*$100k*$250k36 to 47 Month Time Deposit
OTHER TIERS: 2.15% → $500 - $25k | 2.20% → $25k - $100k
2.25%*$100k*$250k48 to 59 Month Time Deposit
OTHER TIERS: 2.00% → $500 - $25k | 2.10% → $25k - $100k
2.25%*$100k*$250k60 Month Time Deposit
OTHER TIERS: 2.00% → $500 - $25k | 2.10% → $25k - $100k
2.25%*$100k*-36 Month Rate Exchange Time Deposit
OTHER TIERS: 2.15% → $500 - $25k | 2.20% → $25k - $100k
2.25%*$100k*$250kBusiness 24 to 35 Month Time Deposit
OTHER TIERS: 2.10% → $500 - $25k | 2.15% → $25k - $100k
2.25%*$100k*-Business 36 Month Rate Exchange Time Deposit
OTHER TIERS: 2.15% → $500 - $25k | 2.20% → $25k - $100k
2.25%*$100k*$250kBusiness 36 to 47 Month Time Deposit
OTHER TIERS: 2.15% → $500 - $25k | 2.20% → $25k - $100k
2.25%*$100k*$250kBusiness 48 to 59 Month Time Deposit
OTHER TIERS: 2.00% → $500 - $25k | 2.10% → $25k - $100k
2.25%*$100k*$250kBusiness 60 Month Time Deposit
OTHER TIERS: 2.00% → $500 - $25k | 2.10% → $25k - $100k
2.20%*$100k*-24 Month Rate Exchange Time Deposit
OTHER TIERS: 2.10% → $500 - $25k | 2.15% → $25k - $100k
2.20%*$100k*-Business 24 Month Rate Exchange Time Deposit
OTHER TIERS: 2.10% → $500 - $25k | 2.15% → $25k - $100k
2.15%*$100k*$250k12 to 23 Month Time Deposit
OTHER TIERS: 2.05% → $500 - $25k | 2.10% → $25k - $100k
2.15%*$100k*$250kBusiness 12 to 23 Month Time Deposit
OTHER TIERS: 2.05% → $500 - $25k | 2.10% → $25k - $100k
2.00%*$100k*$250k180 to 364 Day Time Deposit
OTHER TIERS: 1.90% → $500 - $25k | 1.95% → $25k - $100k
2.00%*$100k*$250kBusiness 180 to 364 Day Time Deposit
OTHER TIERS: 1.90% → $500 - $25k | 1.95% → $25k - $100k
0.85%*$100k*$250k90 to 179 Day Time Deposit
OTHER TIERS: 0.75% → $500 - $25k | 0.80% → $25k - $100k
0.85%*$100k*$250kBusiness 90 to 179 Day Time Deposit
OTHER TIERS: 0.75% → $500 - $25k | 0.80% → $25k - $100k
0.80%*$100k*$250k30 to 89 Day Time Deposit
OTHER TIERS: 0.70% → $500 - $25k | 0.75% → $25k - $100k
0.80%*$100k*$250kBusiness 30 to 89 Day Time Deposit
OTHER TIERS: 0.70% → $500 - $25k | 0.75% → $25k - $100k
0.75%*$100k*$250k7 to 29 Day Time Deposit
OTHER TIERS: 0.65% → $500 - $25k | 0.70% → $25k - $100k
0.75%*$100k*$250kBusiness 7 to 29 Day Time Deposit
OTHER TIERS: 0.65% → $500 - $25k | 0.70% → $25k - $100k

First Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.08%$0-Prime Saver IRA
2.25%*$100k*$250k24 to 35 Month Time Deposit IRA
OTHER TIERS: 2.10% → $500 - $25k | 2.15% → $25k - $100k
2.25%*$100k*$250k36 to 47 Month Time Deposit IRA
OTHER TIERS: 2.15% → $500 - $25k | 2.20% → $25k - $100k
2.25%*$100k*$250k48 to 59 Month Time Deposit IRA
OTHER TIERS: 2.00% → $500 - $25k | 2.10% → $25k - $100k
2.25%*$100k*$250k60 Month Time Deposit IRA
OTHER TIERS: 2.00% → $500 - $25k | 2.10% → $25k - $100k
2.15%*$100k*$250k12 to 23 Month Time Deposit IRA
OTHER TIERS: 2.05% → $500 - $25k | 2.10% → $25k - $100k
2.00%*$100k*$250k180 to 364 Day Time Deposit IRA
OTHER TIERS: 1.90% → $500 - $25k | 1.95% → $25k - $100k
0.85%*$100k*$250k90 to 179 Day Time Deposit IRA
OTHER TIERS: 0.75% → $500 - $25k | 0.80% → $25k - $100k
0.80%*$100k*$250k30 to 89 Day Time Deposit IRA
OTHER TIERS: 0.70% → $500 - $25k | 0.75% → $25k - $100k
0.20%*$100k*-IRA First Premium
OTHER TIERS: 0.10% → $0 - $25k | 0.12% → $25k - $50k | 0.15% → $50k - $100k
Locations


First Bank Locations
Petersburg Branch103 Nordic DrivePetersburg, AK 99833
Sitka Branch203 Lake StreetSitka, AK 99835
First Bank Financial Center2030 Sealevel DriveKetchikan, AK 99901
Wrangell Branch224 Brueger StWrangell, AK 99929
Totem Branch2530 Tongass AvenueKetchikan, AK 99901
Mendenhall Branch3075 Vintage BoulevardJuneau, AK 99801
First Bank331 Dock StKetchikan, AK 99901
Prince Of Wales Branch306 Main StreetCraig, AK 99921
Juneau Branch605 W Willoughby AvenueJuneau, AK 99801

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