First Bank Alaska Detailed Information on Checking and Savings

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First Bank Alaska Detailed Information on Checking and Savings.

First Bank: First Bank Alaska is proud to serve communities across the Southeast – from major cities to main-street hometowns. Stop by your local branch and let them help with all your financial needs. I will give you more detailed info concerning checking accounts, saving accounts, and online banking.

First Bank is a local bank that’s been serving Southeast Alaska since 1924. They know their community, its citizens, and its needs. At First Bank, they say “community first,” because they live here, work here, and play here.

Because your money is in a locally owned and operated bank, it stays in your community, funding the people and businesses that build your neighborhoods and help them prosper.

Their board of directors, along with bank management and staff, consistently deliver the kind of financial products and services that help our community grow. They make all their decisions right here, so their customers can get the answers they need when they need them.

For 96 years, First Bank has been in the business of helping people reach their financial goals. Much has changed since 1924, but the most important things about First Bank have remained the same: their commitment to providing competitively priced financial services and superior customer service.

This commitment continues today by combining efficient operations and modern facilities. With its Main Office in Ketchikan, First Bank is the only commercial bank with headquarters in southeast Alaska.

They are committed to supporting local non-profit organizations and participating in various local activities and events throughout the year. Stop by one of their branches today to learn more about First Bank.

Checking Accounts with First Bank Alaska

Anytime Checking

A checking account should give you easy access to your money—not just during business hours, but anytime. That’s what this account does. Keep your money safe and sound while always being able to get to it when you need it.

With this online account, you get an unlimited debit card and online banking access to your funds, and up to six checks each month too. So your money is right where you need it…anytime.

Account Summary

• All electronic checking accounts
• Only $1 deposit to open an account
• Low $4 per month service charge*
• Write up to 6 checks per month**
• The account requires a valid email address
• Funds insured by the FDIC up to $250,000 per account owner

Ways to Waive a Service Charge

• $500 or more in deposits per month

AND

• 5 or more debit card transactions per month

OR

• $2,500 minimum daily balance in related deposit accounts

Other Services

Students Anytime Checking

It’s never too soon to learn responsible banking. A student Checking account is a great way to teach your teen basic cash management and personal budgeting. The account comes with a free debit card that can be used wherever MasterCard® is accepted.

You won’t have to worry about sending your teen on a school trip with cash that can get lost or stolen. First Bank’s student debit card has a low daily withdrawal limit to control spending and provide protection. You can track all purchases with free online banking, making it easy to address financial responsibility with your teen.

Account Summary

• Available for students 14 to 18 years old
• All electronic checking accounts
• Only $1 deposit to open an account
• Write up to 6 checks per month*
• No monthly service charges
• The account requires a valid email address

Restrictions

• Account must be opened with a parent or legal guardian and with branch managers approval
• Parent/Guardian is the tax signor for the account
• Debit card withdrawal limit is $300 per day
• ATM withdrawal limit is $115 per day
• Maximum account limit is $1,000

Other Services

Income Checking Account

There’s no such thing as too much money in your account. So we created an account that helps you make more of it—without you having to do a thing!

Build your income and earn interest on your balance each month while still enjoying unlimited checking privileges. Maintain the minimum balance, and you won’t even pay a service fee, so there’s even more in your account each month!

Account Summary

• Interest-bearing checking account (view rates)
• The tiered interest rate structure
• Unlimited check writing and debit card use
• $200 to open an account
• Low $10 per month service charge*
• Insured by the FDIC up to $250,000 per depositor

How to Waive a Service Charge

• $5,000 minimum daily balance

OR

• $25,000 minimum daily balance in related deposit accounts

OR

• $1,500 or more in direct deposits per month

Other Services

Value Checking Account

Getting a good deal is simple: just get the most benefits for the least amount of money. If a good deal is what you’re looking for, Value Checking is the answer!

This account offers you all the standard checking benefits, plus unlimited check writing for a low monthly fee. Plus, there are four different ways to have your monthly fee waived! How’s that for a good deal?

Account Summary

• Unlimited check writing and debit card use
• $200 to open an account
• Low $8 per month service charge*
• Insured by the FDIC up to $250,000 per depositor

Ways to Waive a Service Charge

• $2,500 minimum daily balance

OR

• $7,500 minimum daily balance in related deposit accounts

OR

• $1,000 or more in direct deposits per month

OR

• Owner’s age is 63 or older

Other Services

Personal Savings Account with First Bank Alaska

First Premium Savings Account

Saving money is as important for businesses as it is individuals. This interest-bearing account gives you a place to set aside funds, away from your checking account so it’s easier to keep from spending it.

You’ll earn a solid rate of return on your balance while still enjoying easy access to funds so they’re there when you need them. And maintain the low minimum balance of $500, and you won’t even pay a fee!

Account Summary

• Earn interest on entire balance
• Tiered interest rate structure (view rates)
• $100 to open an account
• Low $4 per month service charge*

How to Waive a Service Charge

• $500 minimum daily balance

OR

• $2,500 minimum daily balance in related deposit accounts**

OR

• Owner’s age is 63 or older

Other Services

Restrictions

Federal regulations limit the number of pre-authorized transfers to 6 per month***

Minor First Premium Savings Account

It’s never too early to start learning the value of saving. Our Minor First Premium account makes saving easy while also showing first-hand how to manage finances.

There’s only a $50 minimum deposit to get started. Through our tiered rate structure, you earn competitive interest that increases as your account balance does. Get off to a great start with Minor First Premium Savings!

Account Summary

• Earn interest on entire balance
• Tiered interest rate structure (view rates)
• $50 to open an account
• Account has UTMA protections

Service Charge

Other Services

Restrictions

• Federal regulations limit the number of pre-authorized transfers to 6 per month*

Money Market Account

This account does a whole lot more than just hold your money! You can earn interest on every dollar, with a higher rate than regular savings accounts.

But that’s not all. This account offers a tiered rate structure with a better return as your balance grows. And you can still have access to funds, even by check! It’s everything you need.

Account Summary

• Higher rates than First Premium account (view rates)
• Interest earned on entire balance
• Tiered rate structure rewards higher balances
• Limited check writing privileges
• $2,500 deposit to open an account
• $10 monthly charge*

How to Waive a Service Charge

• $2,500 minimum daily balance

OR

• $5,000 minimum daily balance in related deposit accounts

Other Services

Restrictions

• Federal regulations limit the number of pre-authorized transfers to 6 per month

Peak Savings Account

Take your balance to the next level with this high yield account. With the Peak Savings account, you can make the most of your higher balance by getting our highest rate of return.

This investment account offers you higher rates and a tiered return structure so you earn more as your balance climb. But unlike many investment accounts, you also get access to your money when you need it!

Account Summary

• Higher rates than Money Market account (view rates)
• Earn interest on entire balance
• Tiered rate structure rewards higher balance
• $15,000 deposit to open an account
• $15 monthly charge

How to Waive a Service Charge

• $15,000 minimum daily balance

OR

• $25,000 minimum daily balance in related deposit accounts

Other Services

Restrictions

• Must have an active First Bank checking account
• Federal regulations limit the number of pre-authorized transfers to 6 per month

Online Banking with First Bank Alaska

It’s your money. So shouldn’t you be able to access it whenever you want to? With Online Banking, we give you 24-hour access to your accounts, so you can bank on your schedule.

All you need is a web-enabled computer and you’re set to go. Log in to view accounts and transactions, transfer funds, pay bills with Bill Pay, and even get mobile access. Our secure service makes it easy!

Summary

• Access accounts anytime
• Free with any First Bank deposit account
• Easy to use
• Securely encrypted
• See account information in real-time
• View balances and transaction histories
• Transfer funds between accounts
• Make payments using Bill Pay
• Initiate stop payments
• Access Mobile Banking
• Download account information
• Set up alerts
• View check images
• Communicate with First Bank securely
• Free monthly eStatements

How Do I Enroll in Online Banking with First Bank Alaska?

Enrolling for Online Banking is easy! After filling out the online form in Online Banking, we will verify your information is up-to-date. If your information needs to be updated, your branch will contact you.

Once you have been enrolled, you will be sent an email letting you know it has been completed and to call us to receive your sign-on information. Enroll today!

Please note that First Bank will not e-mail sign-on IDs and passwords.

Online Bill Payment

Make paying bills easier and faster than ever before. With this convenient electronic service, you can pay one-time and recurring bills with just a few keystrokes.

Of course, writing checks and sticking them in the mail is still a perfectly good way to pay bills each month. It just takes more time and effort. Try out online bill pay today!

Summary

• Save time and money
• Pay anyone in the country
• Available with any First Bank checking account
• Set up one-time and recurring payments
• Schedule payments in advance
• View payment histories
• Categorize payments
• Payments credited faster than by mail
• Securely encrypted

How Do I Get Started?

Setting up Online Bill Pay is easy to do!

If enrolling for online banking, simply check the box to sign up!

If you are already enrolled for Online Banking and would like to add Bill Pay, please contact First Bank’s Electronic Banking Department during regular business hours at (907)228-4446 or toll-free at (888)220-4446 if you are calling outside the Ketchikan area. You may also send us a message through your online banking, requesting it to be added.

First Bank Alaska eStatements

eStatements are faster, more convenient, and more secure than waiting for the mail. Your eStatements will be available as PDF files, allowing you to easily view, print, or save your statement on your computer. And best of all, they’re free.

Summary

Simplify your monthly check balancing routine and save paper with this free electronic option. You can access monthly statements online* anytime, and information is easily downloaded into your accounting software too!

• The online alternative to traditional mailed statements
• Free through Online Banking
• The green solution saves on paper waste
• Accessible from any web-enabled computer
• Eliminates filing hassles
• Save, print, and download account information
• Securely encrypted

To sign up for e-statements you must be enrolled in Online Banking. Simply log in to Online Banking and select Statement from the menu on the left side of the page. You may also contact the Electronic Banking Department at (907)228-4446 or toll-free at 1-888-220-4446.

Mobile Banking with First Bank Alaska

Access your First Bank Accounts anywhere, anytime. With this free service*, we’re always as close as your mobile phone or device.

Now you can do your banking…without even coming into the bank! We offer three ways to manage your accounts: an App, a complete browser-based mobile solution, and text banking for quick access to account information. These services are easy to use and completely secure.

Important Reminder:

Mobile Check Deposits must be endorsed with both the signature of the Payee and the words “For Mobile Deposit” to avoid the deposit being rejected.

Summary

First Bank Alaska Smart Phone App

First Bank’s Smart Phone App is designed to provide our retail customers another option for accessing their accounts. The Smart Phone App makes use of a simplified design and navigation menu for a quick and easy mobile banking experience.

For the complete mobile banking experience visit iTunes or Google Play App Stores and search for First Bank Alaska. Use your Online Banking Sign-On credentials to log in to your accounts.

First Bank’s Smart Phone App offers:

• Log-in quickly and securely with Touch ID¹
• Review account balances and transactions
• Customize only the accounts you want to view
• Transfer funds between accounts
• Pay bills
• Make payments on loans and mortgages
• Remotely deposit checks
• Locate First Bank branches and ATMs

Browser-Based Mobile Banking

Access account information from your phone anywhere you have cell service. Just visit www.FirstBankAK.com from the browser of your mobile device to log in to your accounts.

Browser-Based Mobile Banking allows you to:

• View balances and monitor account activity
• Make transfers and pay bills
• View cleared checks
• Find branch and ATM locations with interactive maps and directions

SMS/Text Banking

First Bank SMS/Text Banking provides quick and easy access to account information from any registered device with the ability to text.

SMS/Text Banking allows you to:

• View balances
• View recent transactions
• First Bank contact us information
• Secure device registration

Device Registration

To use Text Banking, you must register your device through your Online Banking Account.

First Bank Alaska Locations and Contacts

Totem Branch

Main Branch

Mendenhall Branch

Sitka Branch

Petersburg Branch

Wrangell Branch

Hope you found this information about First Bank Alaska useful? If it was, then share with your friends on social media so they too can benefit from it.

CSN Team.

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