• Become a Member
  • Routing #: 325272212
  • Contact & Locations
  • Current Rates
    • Business Loans
    • Credit Builder Loans
    • Personal & Student Loans
    • Real Estate Loans
    • Vehicle Loans
    • Credit & Debit Cards
    • Credit & Debit Cards
    • Business Checking Accounts
    • Prime Checking
    • E-Z Checking
    • Simple Checking
    • Prestige Checking
    • Youth Pocket Cache
    • Overdraft Protection
    • Digital Wallet
    • Savings Accounts
    • Business Savings Accounts
    • Savings Certificates
    • Education Savings Accounts
    • Retirement Accounts (IRA)
    • Money Market Savings Accounts
    • Online & Mobile Banking Services
    • uChoose Rewards®
    • Bill Pay
    • Automated Telephone Teller
    • VISA Prepaid Cards
    • Custom Cards
    • Safe Deposit Boxes
    • More Services & Forms
    • Video Learning Center
    • Become a Member
    • Banzai Learning Center
    • Security Center
    • About Us
    • Employment
    • News Blog
    • Community
    • Prestige Program
    • Contact & Locations

Home Money Market Savings Accounts

Money Market Savings Accounts

  • Overview

    Money Market Savings Accounts

    Whether you need a short-term savings account or you want to stash away an emergency savings fund, a Money Market Savings from Spirit of Alaska can help.

    With our Money Market Savings, you unlock a better rate, higher dividends, and can even use your account for check writing and paying bills.

    We offer e-Money Market Savings for electronic statements, and a traditional Money Market Savings for receiving paper statements.

    A high-yield savings account

    • Minimum Balance: $2,500
    • Earn dividends on entire account balance, compounding daily
    • Tiered rates let you unlock higher returns with a higher balance
    • Unlimited in-branch withdrawals; regulated withdrawal limit over the phone and online*.
    • Regulated limited check writing – contact us for details

    "The lady that opened my account walked me through each disclosure and made sure to ask me if I had questions throughout the whole time. They helped me find what fit me not what fit the credit union and I loved it."

    - WalletHub Review

    Additional Information

    • Satisfies membership share requirements
    • You can set this account as an overdraft protection option for your checking account.**

    Disclosures

    *An excessive withdrawal fee will apply if electronic transfers out of a savings account exceed 6 per month. Any overdraft protection transfers from a savings to a checking account are counted towards the 6 electronic transfers limit. No fees apply to in-person transactions for a savings account.

    Related Products & Services

    • Savings Certificates
    • Savings
    • IRA

    Learn with Banzai

    • Article: About Money Market Accounts
    • Coach: Saving With A Purpose
    • Article: Emergency Funds

    Resources

    • Pricing Guide
  • Rates

    Money Market Savings Rate Tiers

    Money Market Tiers Min. Opening Bal. Min. Bal. to Earn Dividends Dividend Rate APY*
    Tier 1 $2,500.00 $0.01 to $5,000.00 0.150% 0.150%
    Tier 2 $5,000.01 to $10,000.00 0.200% 0.200%
    Tier 3 $10,000.01 to $25,000.00 0.250% 0.250%
    Tier 4 $25,000.01 to $50,000.00 0.300% 0.300%
    Tier 5 $50,000.01 to $75,000.00 0.300% 0.300%
    Tier 6 $75,000.01 to $100,000.00 0.300% 0.300%
    Tier 7 $100,000.01 to $250,000.00 0.300% 0.300%
    Tier 8 $250,000.01 and up 0.300% 0.300%

    *Annual Percentage Yield. Refer to our Pricing Guide (PDF) for all fees. Fees may reduce earnings. Rates are subject to change at any time. Current as of 27 January 2023.

     

  • Calculator

    This calculator is not supported for Internet Explorer. Please use an alternate browser, such as Edge, Firefox or Chrome. Alternatively, try this simple Money Market Calculator.

  • FAQ

    Frequently Asked Questions

    • Is this the same as a "share"?

      Yes, these accounts can hold your $5 membership share. Every member of a credit union must have a “share” in that credit union. A Money Market is good for members who hold high balances of $2500 or more in their savings accounts.

    • I can only make 6 free electronic withdrawals or telephone transfers from my Money Market savings account every month?

      Yes. This is in compliance with Regulation D, which limits the number of electronic withdrawals and telephone transfers from savings accounts. For example, an electronic transfer would include a transfer initiated by you in our online banking software e-Teller. We charge a $10 fee for over 6 of these types of withdrawals to encourage compliance with the law.

    • Are there other ways to access my funds that aren't limited?

      Yes. You are allowed unlimited transfers or withdrawals:

      • In person at one of our branches
      • At an ATM
      • Through the mail
    • What will I need to bring to open a business account?

      What you will need to bring depends on the structure of your business. In general, to open an account you will need the following:

      • Business License
      • Proof of EIN
      • Corporate documentation
      • Resolution with authorized signers
    • Can my non-profit business open an account?

      Yes. Spirit of Alaska business accounts can meet the needs of all types of businesses.

  • Open Account
  • Reach Us Contact & Locations
  • Member Service 907-459-5900
  • Toll Free Number 1-800-478-1949
  • Routing: 325272212
  • Blocked Vendors & Areas
  • Lost or Stolen Card?
  • Current Rates Sheet
  • Protect Yourself from Fraud
  • Property For Sale
  • Safe Deposit Boxes

Award-winning, innovative service for Interior Alaskans

  • Follow us on Facebook
  • Follow us on Twitter
  • Follow our YouTube Channel
Spirit of Alaska Federal Credit Union
  • NCUA Share Insurance
  • Disclosures
  • Privacy Statement
  • Sitemap
  • © Spirit of Alaska Federal Credit Union | NMLS #402231
  • Call: 907-459-5900 or 1-800-478-1949
Copyright © 2023 - All Rights Reserved.
NCUA and Equal Housing Lender

Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.

e-Teller Login

Forgot Password? | Forgot Username?
New User? Enroll in Online Banking

Search

I need help with Money Market Savings Accounts

We’d love to help! Just give us your name, phone number, and email address and we’ll contact you as soon as possible!

  • * Required
  • WARNING * Required
    For your security, do not include sensitive information, such as Social Security numbers or account numbers, in your message. If you need to communicate with us about sensitive information please use the Message Center in e-Teller, your online banking application, or call us during regular business hours so we can verify your identity. For other inquiries, send us a message here and we're happy to help!

I have a question

We’d love to answer your questions! Just give us your name, phone number, and email address and we’ll contact you as soon as possible!

  • * Required
  • WARNING * Required
    For your security, do not include sensitive information, such as Social Security numbers or account numbers, in your message. If you need to communicate with us about sensitive information please use the Message Center in e-Teller, your online banking application, or call us during regular business hours so we can verify your identity. For other inquiries, send us a message here and we're happy to help!

Leaving Our Website

Attention! You are now leaving the Spirit of Alaska Federal Credit Union website. We do not control the security or privacy practices used at the following website. Periodically, Spirit of Alaska Federal Credit Union's website may include information from third parties and/or links to other websites. Spirit of Alaska Federal Credit Union does not make any warranties, express or implied, regarding any third party information or links to alternate websites. In addition, Spirit of Alaska Federal Credit Union assumes no responsibility for the accuracy or reliability of the content provided by third parties. If you click "CONTINUE", an external website will be opened in a new browser window. If you click "CANCEL", you will be returned to the this website.