Bank · FDIC insured
First Bank of Alaska Savings Rates
First Bank of Alaska’s best savings rate is 0.15% APY on $10,000, with its Money Market Account. Rates checked October 22, 2026.
How First Bank of Alaska’s savings rates compare
Compared with banks and credit unions near Ketchikan, AK, where First Bank of Alaska has the most branches. $10,000, best rate first.
This bank’s best
First Bank of Alaska
0.15%APY
- Minimum
- $2,500
- Earns on $10,000 a year
- $15
Money Market Account
Top rate
Tongass Federal Credit Union
0.80%APY
- Minimum
- $500
- Earns on $10,000 a year
- $80
2nd-highest rate
Credit Union 1
0.30%APY
- Minimum
- —
- Earns on $10,000 a year
- $30
First Bank of Alaska savings score
67
Savings score
Higher than 18% of U.S. banks and credit unions
- $1,000 balance$1,0000.10%
- $10,000 balance$10,0000.15%
- $100,000 balance$100,0000.20%
- QualifiedQualified0.15%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where First Bank of Alaska ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Peak Savings
0.15%APY
Must have an active First Bank checking account to open. Avoid the $15 monthly service charge by maintaining a $15,000 minimum daily balance, OR maintaining a $25,000 minimum daily balance in related deposit accounts.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $15,000Must have an active First Bank checking account. Monthly fee waived with $15,000 minimum daily balance or $25,000 in related deposit accounts. | 0.15% | $15 | Must have an active First Bank checking account. Monthly fee waived with $15,000 minimum daily balance or $25,000 in related deposit accounts. |
| $15,000 – $50,000Must have an active First Bank checking account. Monthly fee waived with $15,000 minimum daily balance or $25,000 in related deposit accounts. | 0.20% | — | Must have an active First Bank checking account. Monthly fee waived with $15,000 minimum daily balance or $25,000 in related deposit accounts. |
| $50,000 – $100,000Must have an active First Bank checking account. Monthly fee waived with $15,000 minimum daily balance or $25,000 in related deposit accounts. | 0.25% | — | Must have an active First Bank checking account. Monthly fee waived with $15,000 minimum daily balance or $25,000 in related deposit accounts. |
| $100,000 – $500,000Must have an active First Bank checking account. Monthly fee waived with $15,000 minimum daily balance or $25,000 in related deposit accounts. | 0.30% | — | Must have an active First Bank checking account. Monthly fee waived with $15,000 minimum daily balance or $25,000 in related deposit accounts. |
| $500,000 and upMust have an active First Bank checking account. Monthly fee waived with $15,000 minimum daily balance or $25,000 in related deposit accounts. | 0.35% | — | Must have an active First Bank checking account. Monthly fee waived with $15,000 minimum daily balance or $25,000 in related deposit accounts. |
Money Market Account
0.15%APY
Avoid the $10 monthly service charge by maintaining a $2,500 minimum daily balance or maintaining a $5,000 minimum daily balance in related deposit accounts. Rates are variable and may change after account is opened. Fees may reduce earnings.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Avoid the $10 monthly service charge by maintaining a $2,500 minimum daily balance, or maintaining a $5,000 minimum daily balance in related deposit accounts (checking, savings, and time deposits held under the same Tax Reported Owner). | 0.15% | $15 | Avoid the $10 monthly service charge by maintaining a $2,500 minimum daily balance, or maintaining a $5,000 minimum daily balance in related deposit accounts (checking, savings, and time deposits held under the same Tax Reported Owner). |
| $25,000 and upAvoid the $10 monthly service charge by maintaining a $2,500 minimum daily balance, or maintaining a $5,000 minimum daily balance in related deposit accounts (checking, savings, and time deposits held under the same Tax Reported Owner). | 0.20% | — | Avoid the $10 monthly service charge by maintaining a $2,500 minimum daily balance, or maintaining a $5,000 minimum daily balance in related deposit accounts (checking, savings, and time deposits held under the same Tax Reported Owner). |
First Premium Savings
0.10%APY
Avoid the $4 monthly service charge by maintaining a $500 minimum daily balance, OR maintaining a $2,500 minimum daily balance in related deposit accounts, OR accountholder's age is 63 or older.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Fee waived with $500 minimum daily balance, $2,500 in related deposit accounts, or age 63+. | 0.10% | $10 | Fee waived with $500 minimum daily balance, $2,500 in related deposit accounts, or age 63+. |
| $25,000 – $50,000Fee waived with $500 minimum daily balance, $2,500 in related deposit accounts, or age 63+. | 0.12% | — | Fee waived with $500 minimum daily balance, $2,500 in related deposit accounts, or age 63+. |
| $50,000 – $100,000Fee waived with $500 minimum daily balance, $2,500 in related deposit accounts, or age 63+. | 0.15% | — | Fee waived with $500 minimum daily balance, $2,500 in related deposit accounts, or age 63+. |
| $100,000 and upFee waived with $500 minimum daily balance, $2,500 in related deposit accounts, or age 63+. | 0.20% | — | Fee waived with $500 minimum daily balance, $2,500 in related deposit accounts, or age 63+. |
Special-purpose accounts
IRA First Premium
0.10%APY
Tax-advantaged retirement savings. Traditional and Roth options available. No setup fees and no monthly or annual maintenance charges. Annual contribution limits apply.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Traditional and Roth options available. | 0.10% | $10 | Traditional and Roth options available. |
| $25,000 – $50,000Traditional and Roth options available. | 0.12% | — | Traditional and Roth options available. |
| $50,000 – $100,000Traditional and Roth options available. | 0.15% | — | Traditional and Roth options available. |
| $100,000 and upTraditional and Roth options available. | 0.20% | — | Traditional and Roth options available. |
Minor First Premium Savings
0.10%APY
Primary owner must be under 18 years of age. Parent or guardian must be a signer on the account. Account has UTMA protections. No monthly service charge.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Primary owner must be under 18; parent/guardian signer required. | 0.10% | $10 | Primary owner must be under 18; parent/guardian signer required. |
| $25,000 – $50,000Primary owner must be under 18; parent/guardian signer required. | 0.12% | — | Primary owner must be under 18; parent/guardian signer required. |
| $50,000 – $100,000Primary owner must be under 18; parent/guardian signer required. | 0.15% | — | Primary owner must be under 18; parent/guardian signer required. |
| $100,000 and upPrimary owner must be under 18; parent/guardian signer required. | 0.20% | — | Primary owner must be under 18; parent/guardian signer required. |
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.