Highest CD Rates In Alaska – October 2009

These are the highest CD (certificate of deposit) rates we have found for the residents of Alaska. These rates are listed in the 6 month CDs, 12 month CDs and 24 month CDs. After going through many local banks and credit unions serving the cities of Anchorage, Juneau and the surrounding state of Alaska, we have found that you may find higher rates with national banks than with local ones.

Be sure to remember that these rates are time sensitive and that the information provided may be out of date depending on the date of this article. CD rates are constantly changing so we encourage you to keep up to date with our list of the best CD rates currently available.

We have put together a list of the highest paying CD rates based on the 6 month, 12 month and 24 month terms. We already know that the longer the maturity the higher the CD rate will be, but wanted to keep our list simplified.

Highest 6 Month CD Rates In Alaska, AK:

  • Nexity Bank – 6 month CD yields 1.65% APY with a minimum deposit of $1,000. This is a national bank and will accept deposits from any state.
  • Advancial Federal Credit Union (Anchorage branch) – 6 month CD yields 1.48% APY with a minimum deposit of $1,000.
  • Denali Alaskan Federal Credit Union (Juneau branch) – 6 month CD yields 1.35% APY with a minimum deposit of $500.

Highest 12 Month CD Rates In Alaska, AK:

  • Tongas Federal Credit Union (Metlakatla, AK) – 12 month CD yields 2.35% APY with a minimum deposit of $500.
  • Alps Federal Credit Union (Sitka, AK) – 12 month CD yields 2.25% APY with a minimum deposit of $500.
  • Denali Alaskan Federal Credit Union – 12 month CD yields 2.06% APY with a minimum deposit of $500.

Highest 24 Month CD Rates In Alaska, AK:

  • Hudson City Savings Bank – 24 month CD yields 2.50% APY with a  minimum deposit of $5,000. This is a national bank and will accept deposits from any state.
  • Alps Federal Credit Union – 24 month CD yields 2.32% APY with a minimum deposit of $500.
  • Denali Alaskan Federal Credit Union – 24 month CD yields 2.30% APY with a minimum deposit of $500.

All of the above banks and credit unions are federally insured by either FDIC or NCUA. Always be sure your bank or credit union is federally insured before giving them your money. If you live in or around Alaska and know of better rates please let us know.