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Best Money Market Rates in Alaska (AK) - May 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

Founder & Data Architect
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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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| i Editorial Disclosure
Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Last Updated: May 12, 2026

Current Alaska money market deposit account rates include NORTHERN SKIESNORTHERN SKIES1001 E Benson Blvd, Anchorage, AK 99508A+5.0 ★Texas Ratio: 2.27% Jumbo Money Market Shares at 1.65% APY, Spirit of Alaska Federal Credit UnionSpirit of Alaska Federal Credit Union4001 Geist Rd, Fairbanks, AK 99709 3569A+5.0 ★Texas Ratio: 1.77% Money Market Savings at 1.55% APY, MAC Federal Credit UnionMAC Federal Credit Union3700 Santiago St, Fort Wainwright, AK 99703A5.0 ★Texas Ratio: 9.47% Business Money Market at 1.50% APY, ADVANCIALADVANCIAL390 W 36th Ave, Anchorage, AK 99503 5815A+5.0 ★Texas Ratio: 0.31% Money Market k at 1.22% APY, and First Bank Ketchikan, AKFirst Bank Ketchikan, AK331 Dock St, Ketchikan, AK 99901A+5.0 ★Texas Ratio: 2.24% Money Market at 0.20% APY. Money market rates as of May 12, 2026 according to verified data from MonitorBankRates.

Use the tables below to compare money market rates across Alaska side-by-side. Alaska money market rates currently reach as high as 1.65% APY from NORTHERN SKIES at 1001 E Benson Blvd, Anchorage, AK 99508. Rates are continually updated — we recommend checking back frequently.

Rates reflect recent market quotes and representative offers available to depositors in Alaska and surrounding area. Last Updated and Verified: May 12, 2026

Compare the Best Money Market Rates Today in Alaska

Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
NORTHERN SKIES
Institution Rating:
A+5.0 ★ Texas Ratio: 2.27%
1001 E Benson Blvd, Anchorage, AK 99508
Jumbo Money Market Shares
1.65%
$0
View
▼
Rate1.65%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

$200,000.01 and over

Spirit of Alaska Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.77%
4001 Geist Rd, Fairbanks, AK 99709 3569
Money Market Savings
1.55%
$0
View
▼
Rate1.54%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

MAC Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.47%
3700 Santiago St, Fort Wainwright, AK 99703
Money Market Accounts
1.50%
$0
View
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

MAC Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.47%
3700 Santiago St, Fort Wainwright, AK 99703
Business Money Market
1.50%
$0
View
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

NORTHERN SKIES
Institution Rating:
A+5.0 ★ Texas Ratio: 2.27%
1001 E Benson Blvd, Anchorage, AK 99508
Jumbo Money Market Shares
1.25%
$0
View
▼
Rate1.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

$100,000 - $200,000

ADVANCIAL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.31%
390 W 36th Ave, Anchorage, AK 99503 5815
Money Market k
1.22%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

$100

ADVANCIAL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.31%
390 W 36th Ave, Anchorage, AK 99503 5815
Premium Money Market
1.22%
$0
View
▼
Rate1.21%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Spirit of Alaska Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.77%
4001 Geist Rd, Fairbanks, AK 99709 3569
Money Market Savings
1.05%
$0
View
▼
Rate1.04%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Spirit of Alaska Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.77%
4001 Geist Rd, Fairbanks, AK 99709 3569
Money Market Savings
0.80%
$0
View
▼
Rate0.80%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

MAC Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.47%
3700 Santiago St, Fort Wainwright, AK 99703
Money Market Accounts
0.75%
$0
View
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

MAC Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.47%
3700 Santiago St, Fort Wainwright, AK 99703
Business Money Market
0.75%
$0
View
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

NORTHERN SKIES
Institution Rating:
A+5.0 ★ Texas Ratio: 2.27%
1001 E Benson Blvd, Anchorage, AK 99508
Money Market Shares
0.70%
$0
View
▼
Rate0.70%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

NORTHERN SKIES
Institution Rating:
A+5.0 ★ Texas Ratio: 2.27%
1001 E Benson Blvd, Anchorage, AK 99508
Money Market Shares
0.65%
$0
View
▼
Rate0.65%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

NORTHERN SKIES
Institution Rating:
A+5.0 ★ Texas Ratio: 2.27%
1001 E Benson Blvd, Anchorage, AK 99508
Money Market Shares
0.60%
$0
View
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

ADVANCIAL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.31%
390 W 36th Ave, Anchorage, AK 99503 5815
Money Market
0.56%
$0
View
▼
Rate0.56%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

ADVANCIAL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.31%
390 W 36th Ave, Anchorage, AK 99503 5815
Business Money Market
0.56%
$0
View
▼
Rate0.56%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

MAC Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.47%
3700 Santiago St, Fort Wainwright, AK 99703
Business Money Market
0.55%
$0
View
▼
Rate0.55%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

MAC Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.47%
3700 Santiago St, Fort Wainwright, AK 99703
Money Market Accounts
0.55%
$0
View
▼
Rate0.55%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

NORTHERN SKIES
Institution Rating:
A+5.0 ★ Texas Ratio: 2.27%
1001 E Benson Blvd, Anchorage, AK 99508
Money Market Shares
0.55%
$0
View
▼
Rate0.55%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

ADVANCIAL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.31%
390 W 36th Ave, Anchorage, AK 99503 5815
Business Money Market
0.51%
$0
View
▼
Rate0.51%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

ADVANCIAL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.31%
390 W 36th Ave, Anchorage, AK 99503 5815
Money Market
0.51%
$0
View
▼
Rate0.51%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Spirit of Alaska Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.77%
4001 Geist Rd, Fairbanks, AK 99709 3569
Money Market Savings
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

MAC Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.47%
3700 Santiago St, Fort Wainwright, AK 99703
Money market
0.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

ADVANCIAL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.31%
390 W 36th Ave, Anchorage, AK 99503 5815
Business Money Market
0.46%
$0
View
▼
Rate0.46%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

ADVANCIAL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.31%
390 W 36th Ave, Anchorage, AK 99503 5815
Money Market
0.46%
$0
View
▼
Rate0.46%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Spirit of Alaska Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.77%
4001 Geist Rd, Fairbanks, AK 99709 3569
Money Market Savings
0.35%
$0
View
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

NORTHERN SKIES
Institution Rating:
A+5.0 ★ Texas Ratio: 2.27%
1001 E Benson Blvd, Anchorage, AK 99508
Money Market Shares
0.30%
$0
View
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

NORTHERN SKIES
Institution Rating:
A+5.0 ★ Texas Ratio: 2.27%
1001 E Benson Blvd, Anchorage, AK 99508
Jumbo Money Market Shares
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Up to $99,999

Spirit of Alaska Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.77%
4001 Geist Rd, Fairbanks, AK 99709 3569
Money Market Savings
0.25%
$2,500
View
▼
Rate0.25%
Min Deposit$2,500
Min Balance—
UpdatedMay 7, 2026
Details

First Bank Ketchikan, AK
Institution Rating:
A+5.0 ★ Texas Ratio: 2.24%
331 Dock St, Ketchikan, AK 99901
Money Market
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

First Bank Ketchikan, AK
Institution Rating:
A+5.0 ★ Texas Ratio: 2.24%
331 Dock St, Ketchikan, AK 99901
Money Market
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. Rates reflect recent market quotes and representative offers available to depositors in Alaska and the surrounding area.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.

Alaska Money Market Rate Trends

Compare local Alaska money market quotes against the statewide average

Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Alaska MMA Trends →
High-Yield MMA — AK Avg
3.070%
Unchanged vs 7 days ago

Alaska high-yield MMA rates currently average 3.070% APY.

Standard MMA — AK Avg
0.712%
Unchanged vs 7 days ago

Alaska standard MMA rates currently average 0.712% APY.

As of May 14, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Alaska directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Alaska. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in AK.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.

Frequently Asked Questions about Money Market Accounts in Alaska

What is a Money Market Account (MMA)?

A Money Market Account (MMA), formally known as a money market deposit account (MMDA), is a type of deposit account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in Alaska.

Are Money Market accounts in Alaska safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Alaska up to $250,000 per depositor, per institution.

How often do MMA rates change in Alaska?

Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Alaska rate tables daily to ensure you see the most current high-yield options.

Can I write checks from a Money Market Account?

Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.

How much do I need to deposit to open a money market account in Alaska?

Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in Alaska require an initial deposit of $1,000 to $2,500 to earn the highest advertised APY. Larger deposits often unlock higher rate tiers, and FDIC or NCUA insurance protects deposits up to $250,000 per depositor, per institution.

Best Money Market Rates in Alaska

Here are some of the highest money market account APYs currently available in Alaska:
  • NORTHERN SKIES
    Jumbo Money Market Shares — 1.65% APY
  • Spirit of Alaska Federal Credit Union
    Money Market Savings — 1.55% APY
  • MAC Federal Credit Union
    Business Money Market — 1.50% APY
  • ADVANCIAL
    Money Market k — 1.22% APY
  • First Bank Ketchikan, AK
    Money Market — 0.20% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Alaska. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: May 12, 2026

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