BUSINESS & COMMERCIAL

Business checking

Meeting your business checking needs with better service, fewer fees - and dividends!

Why should I consider an Alaska USA business checking account?

Alaska USA offers business checking services for businesses of all sizes - meeting your needs efficiently, and with lower fees than you may have come to expect at other financial institutions. That means you can put more of your money into growing your business.

What kind of fees can I expect?

A monthly maintenance fee of $5 if your balance falls below $1,000 during the calendar month. The $5 fee is waived for non-profit organizations and associations.

An activity fee for total checks deposited and/or paid in a calendar month:

First 100 - no charge

101 to 500 - 10˘ per item over 100

More than 500 - 8˘ per item over 500

A deposit adjustment fee of $2 if the accompanying deposit ticket is inaccurate.

A returned item fee of $5 for each deposited check returned unpaid.

Cash services fees for coin amounts over $200 in a calendar month and currency over $10,000 in a calendar month.

Does the account pay dividends?

Yes, depending on the amount on deposit. A dividend is calculated for each day that you have at least $1,000 in your account. There's no need to “sweep” your funds nightly to another account, as you may have to do at some other financial institutions. Plus, the more you have on deposit, the higher the dividend rate!

How often are dividends paid?

Dividends are calculated daily and paid monthly.

What other services are offered in conjunction with this account?

You may be used to paying a fee for the following services at other financial institutions. At Alaska USA, there is no charge for:

Business Visa® Check Card

ATM business depository services

Depository bags, deposit tickets and access cards

UltraBranch® online services

Viewing check copies and check safekeeping

Monthly bulk download of cancelled check images

What if I want to manage the account online?

Alaska USA offers businesses free access to UltraBranch Business Edition, its 24/7 online service that provides valuable tools for streamlining your account management and payroll tasks - with just a few clicks.

Is overdraft protection available?

Yes, you may set up overdraft protection from an Alaska USA savings or money market account, or a business line of credit.

What's the most convenient way to make a deposit?

If you are in Alaska, you can receive depository access cards and special bags to use at 24-hour ATM business depositories, available at many Alaska USA locations. Deposits made at these locations before 3 p.m. are processed and credited to your account that same day.

Remote Business Deposit is also available to eligible business members, which allows you to make check deposits directly from your business location.*
Call 646-6670 or (877) 646-6670 toll free to learn more.

If you are outside Alaska, you can order customized deposit tickets and continue to use the Member Service Center deposit-by-mail service, or an Alaska USA branch where available.

Do non-profit organizations receive any special benefits?

Yes! The $5 monthly maintenance fee is waived for
non-profit organizations and associations.

What do I need to sign up?

You'll have to show identification and specific documentation - minimally a business license. Further documentation may be required depending on the type of business you own.

How do I sign up?

Business checking accounts may be opened at any branch.

Highlights

Alaska USA business checking offers great service, fewer fees - and monthly dividends!

Convenient business depositories are available in many locations.

Free Business Visa Check Cards are available for each signer on the account.

UltraBranch offers free 24/7 online account management.

AKUSA 02392-I R 07/07/10