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Compare Savings Rates in Sitka, Alaska – January 2026

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Current Sitka, Alaska Savings Rates and MMA Rates

Nuvision Federal Credit Union is offering a High Yield Money Market in Sitka, Alaska with an APY of 0.60%. First Bank Ketchikan, AK is offering a Money Market in Sitka, Alaska with an APY of 0.15%. Current rates from Nuvision Federal Credit Union include a Primary Savings at 0.10% APY. For those in Sitka, Alaska, Northrim Bank lists a Classic Savings at 0.10%.

Find the best savings and money market rates in Sitka, AK today. Our real-time rate table below compares offers from top lenders to help you grow your savings. Whether you are looking for a traditional savings account or a high-yield option in AK, comparing APYs is the best way to maximize your interest earnings.

The following rates reflect recent market quotes and representative offers available to Alaska depositors. Actual savings rates may vary by financial institution and market conditions.

Savings Rates in Sitka, AK and Area

  • • High Yield Money Market:
    0.60%
  • • Money Market:
    0.15%
  • • Primary Savings:
    0.10%
  • • Classic Savings:
    0.10%
  • • First Premium Savings:
    0.10%

Rates shown are recent market averages and representative quotes. Actual rates may vary.

Best Savings Rates and Money Market Rates in Sitka, Alaska & Region January, 2026

Bank
Product
APY
Min Dep
First Bank Ketchikan, AK
First Bank Ketchikan, AK
203 Lake St
Sitka, AK 99835
Money Market
0.15%
$0
First Bank Ketchikan, AK
First Bank Ketchikan, AK
203 Lake St
Sitka, AK 99835
First Premium Savings
0.10%
$0
Northrim Bank
Northrim Bank
315 Lincoln St Ste 206
Sitka, AK 99835
Classic Savings
0.10%
$100
Northrim Bank
Northrim Bank
315 Lincoln St Ste 206
Sitka, AK 99835
Money Market
0.07%
$500

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. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

How to Find the Best Savings Account in Sitka, Alaska

  1. Compare APY (Annual Percentage Yield) The APY determines how much interest you will earn in a year. Unlike simple interest, APY includes compound interest. Always look for the highest APY to maximize your earnings.
  2. Check Minimum Deposit Requirements Some high-yield savings accounts require a large initial deposit (e.g., $5,000 or $10,000) to earn the advertised rate. Ensure you can meet these minimums before applying.
  3. Review Monthly Fees Avoid accounts that charge monthly maintenance fees, as these can eat into your interest earnings. Many online banks and credit unions offer no-fee savings accounts.
  4. Verify FDIC or NCUA Insurance Ensure your money is safe. Banks should be FDIC insured, and Credit Unions should be NCUA insured. This protects your deposits up to $250,000 per depositor.

Frequently Asked Questions for Sitka, Alaska

What are the current savings rates in Sitka, Alaska? ▼
Below is a list of current savings and money market rates available for Sitka, Alaska. We track lenders daily to provide the most up-to-date APY and term information.

Lender / Product
APY
Min Dep
Nuvision Federal Credit Union
High Yield Money Market
0.60%
$50,000
First Bank Ketchikan, AK
Money Market
0.15%
$0
First Bank Ketchikan, AK
First Premium Savings
0.10%
$0
Northrim Bank
Classic Savings
0.10%
$100
Lender / Product
APY
Min Dep
Nuvision Federal Credit Union
Primary Savings
0.10%
$5
Northrim Bank
Money Market
0.07%
$500
Wells Fargo
Platinum Savings
0.05%
$0
Wells Fargo
Way2Save Savings
0.01%
$0
What is a High-Yield Savings Account? ▼
A high-yield savings account is a type of savings account that pays a significantly higher interest rate (APY) than standard savings accounts. These are often offered by online banks that have lower overhead costs than traditional brick-and-mortar banks.
Are online savings accounts safe? ▼
Yes, as long as the online bank is FDIC insured. This provides the same level of protection (up to $250,000 per depositor) as a traditional bank. Always check for the FDIC logo on the bank's website.
Can I withdraw money from a savings account anytime? ▼
Yes, but there are limits. Federal Regulation D used to limit certain withdrawals to 6 per month, though this has been suspended. However, individual banks may still enforce transaction limits or charge fees for excessive withdrawals.
Do savings rates change? ▼
Yes, savings rates are variable and can change at any time based on the Federal Reserve's benchmark interest rates and market conditions. Unlike a CD (Certificate of Deposit), your savings rate is not locked in.