SERVICE, VALUE, AND CONVENIENCE FOR YOUR ......Debit Card. Purchases and transactions are simple. • Make online purchases. • Use it for business trips. • Keep track of your purchases

SERVICE, VALUE, AND CONVENIENCE FOR YOUR BUSINESS

1 Alaska USA Business & Commercial Services 2Alaska USA Business & Commercial Services

Start with the basics–checking made better. Checking plus dividends!

With $1,000 or more on deposit, your account will earn monthly dividends. And the more you have in your account, the higher the dividend you will receive.

Pay less in account fees.

• Low monthly maintenance fee.

• Low checking activity fees–the first 100 checks are free.

• Low deposit adjustment, returned item, and cash service fees.

Open an insured investment account and watch your money grow.

• Certificate accounts–earn guaranteed dividends on your funds easily and conveniently.*

• Money market accounts–tiered dividend rates in Super and Jumbo accounts allow for optimum earning potential.

Maximize your flexibility with an Alaska USA Business Visa® Debit Card. Purchases and transactions are simple.

• Make online purchases.

• Use it for business trips.

• Keep track of your purchases with online transaction details.

Your employees can have cards, too.

Any employee who is an authorized signer on the account can get a check card.

Minimize your fees!

• Alaska USA does not charge any fees when you use your card for a purchase.

• It’s surcharge-free when you use your card at any Alaska USA ATM.

Access free and convenient depository services.If your business routinely handles high volumes of cash and checks, Alaska USA has several convenient options and free depository supplies for you make your bulk business deposits.

• Drop boxes—Available at most branches, drop boxes are great option for members who want to avoid waiting in line, and do not immediately require a receipt.

• Inside the branch—Any Alaska USA branch can take your deposit and provide you with a receipt. To ensure faster processing, please make sure your deposit is presented in a sealed Business Deposit Bag with a completed deposit ticket.

• Intelligent deposit—Make cash and check deposits at any time, with on-screen verification and check images printed on your receipt, up to 30 checks or bills per batch. No envelopes or deposit slips needed.

• Mobile deposit—If your business is depositing less than $5,000 a day, with a maximum of 10 checks, you may use the Alaska USA app to make your deposits.

*Subject to early withdrawal penalties.

Alaska USA for your businessIt makes great business sense!

At Alaska USA you’re not just a customer, you’re a member and an owner. That means your business gets excellent service, real value, and the convenience you need! Take a look and you’ll find that Alaska USA has everything your business needs, all in one place, making it the ideal choice to be your single-source financial services provider.

Federally insured by NCUA

To learn more about Business Checking

• Visit any branch

• Go to alaskausa.org/biz

• Call 800-525-9094

To apply for the Alaska USA Business Visa Debit Card


• Download an application at alaskausa.org

• Mail in the application or drop it off at any branch

3 Alaska USA Business & Commercial Services

Cash management just got easier.Choose the tools you need to manage all aspects of your business finances online.

• Payroll processing with ACH–Streamline your payroll by scheduling direct deposits for employee paychecks.

• Wires–Make electronic transfers to other U.S. financial institutions over the Fedwire® system.

• Entitlements–Customize access and share the workload. You can authorize access for other users, like a payroll processor or bookkeeper, and allow them varying levels of access.

• Tax payments using ACH–Access forms you need to make online payments to the IRS. Manage withholding, schedule payments, and view reports.

• Consolidated login–Access multiple accounts with one easy login.

• Bill Pay–Schedule and pay bills from anywhere.

• More–Check balances, download checks at the end of each month and keep track of cancelled ones as they clear, reorder business checks, and transfer funds.

• Positive Pay–Manage issued checks to combat fraud.

Online banking for business


Remote Business DepositMake check deposits from anywhere.Remote Business Deposit provides eligible business members the ability to make check deposits at their convenience through a personal computer and scanning device, or a mobile device and the Alaska USA app*. Checks are tallied and scanned, converted to electronic items, and transmitted to Alaska USA for review and credit to the account.

Maximize the efficiency of your business operations.In addition to streamlining your business operations, Remote Business Deposit offers:

• Added convenience of depositing checks on your schedule and from virtually any place.

• Reduced trips to a branch and lower transportation costs.

• Ability to deposit into multiple accounts, under separate deposits.

• Online access to images, deposits, and customizable reports for 24 months.

• Ability to set up multi-level user permissions in order to delegate financial tasks.

Processing schedule: Deposits made before 5 pm Monday through Friday will be processed the same day. Any deposit made after 5 pm, or on weekends and holidays, will be processed the following business day. Any transaction that does not meet the criteria required by the Remote Business Deposit service will prompt a Member Business Services Specialist to contact your business to review and verify the deposit.

User support: In addition to a comprehensive user’s guide, a Member Business Service Specialist will be happy to assist you any time with questions and provide technical support. Just call Business and Commercial Services at 877-646-6670.

*Mobile Deposit limit of 10 checks totaling no more than $5,000 per day.

4Alaska USA Business & Commercial Services

Sign up for Bill Pay

Online account access for businesses offers the flexible and convenient option of paying bills online. Checks can be prepared by a designated user, but they aren’t sent without the proper authorization.

Resources

The Getting Started Guide is a great resource for getting started. In-depth help is available online, or you can call the Member Service Center.

To enroll in online banking for business or to learn more


• Go to alaskausa.org

• Call 800-525-9094

Toll free 877-646-6670

Merchant ServicesTake advantage of merchant service solutions and technical helpdesk support through Cornerstone.Credit and debit card processing.

Cornerstone Credit Services offers comprehensive point-of-sale credit and debit card processing so your customers can pay for merchandise and services with ease. Accept all the major payment types, including Visa and MasterCard, as well as American Express, Discover, Diners Club®, JCB, and EBT cards.

Mobile and Internet processing.

Process card payments using a smart phone or tablet, turn an existing computer into a credit card terminal, or add shopping cart access to your business website. Cornerstone provides digital solutions that are easy to learn and simple to use.

Supplies and equipment.

Get what your business needs, including EMV-compatible units, network and PC-based terminals, point-of-sale systems, and more. Cornerstone is also compatible with many third-party integrated systems.

Gifts and loyalty.

Increase business and build relationships with your customers by offering gift cards and loyalty programs. Cornerstone can also help you engage with your customers through email and mobile marketing, virtual cards, and customer campaigns.

Positive Pay Financial losses from check fraud reach into the billions each year and affect companies and financial institutions of all sizes. To curb this activity, businesses must make Positive Pay an integral part of business banking.

What is Positive Pay?

Positive Pay is a transaction management system that equips financial institutions with a powerful fraud prevention tool focused on the check management needs of Business Members.

How does it work?

Member uploads an issued check file through their Online Business Banking Account one day prior to the issued check date. The Positive Pay service matches the amount, date, check number, and payee name to ensure the check is valid once presented at any financial institution. If the check information does not match the Issued Check File provided, the check will be returned as an exception. The member will then have the option to pay or return.

Protect your business.

• Positive Pay helps prevent unauthorized transactions from clearing your account.

• Payee Match is also available to ensure the payee name has not been altered.


Give your customers more payment options by accepting Visa, MasterCard®, American Express®, Discover®, and more.

To learn more about Merchant Services

• Go to alaskausa.org

• Call 877-646-6670

Type of financing Used for Secured byUnsecured available

Amount of financing available

Business LoanReal estate, inventory

and equipment, working capital needs

Real estate, business assets, savings/

certificatesYes $2,500 to $250,000

Business Line of Credit

Short-term working capital needs


certificatesYes $2,500 to $250,000

Commercial Loan

Real estate, inventory and equipment,

working capital needs

Real estate, business assets, or savings/

certificatesNo Over $250,000

Commercial Line of Credit

Short-term working capital needs



Letter of CreditGuarantees that

vendor will get paid



AIDEA LoanReal estate, inventory

and equipmentReal estate or business

assetsNo Over $250,000

SBA LoanReal estate, inventory

and equipment, working capital needs


certificatesYes

$25,000 to $2,000,000

USDA LoanAvailable for

businesses outside of Anchorage


certificatesNo

$5,000 to $10 million

Line of credit.

A line of credit allows you to draw as much money as you need up to your credit limit–instantly!

Give yourself peace of mind; use your line of credit for overdraft protection.

Letter of credit.

A letter of credit from Alaska USA offers protection.

• The vendor is paid only when the specific terms and conditions stipulated in the letter are fulfilled

• You don’t need to put cash up front

• It allows you to negotiate for better terms and prices

Business loans and credit linesAlaska USA has options to help you grow your business.

The lending process.

The following information will be taken into account as Alaska USA matches your business with the right type of financing:

• Credit history of the borrower

• Cash flow history and projections for the business

• Collateral that is available to secure the loan

• Credit application that includes business and personal financial statements

• Income tax returns and a business plan


To learn more about or apply for a business loan

• Visit any branch or financial center

• Go to alaskausa.org and download an application

• Call 877-646-6670

Easy payment options

Use your Alaska USA account to conveniently make your loan payment with Autopay.

Rates and fees

Alaska USA offers competitive rates, which vary depending on the type of financing. Fees may include commitment fees, annual fees, late charges, overdraft protection advances, and third-party fees.


Q: Is overdraft protection available on a business checking account?

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

Q: Where are the ATM depositories located?

A: Self-service ATM depositories are located at various Alaska USA branches. View the business depository locations at alaskausa.org/atm or call 800-525-9094.

Q: What are the rates on business loans?

A: Alaska USA offers very competitive business loan rates, as well as minimal fees. For current rates, visit alaskausa.org/rates or call 877-646-6670. Alaska USA takes several factors into consideration (i.e., cash flow, collateral, and credit history) when pricing each business loan.

Q: Does Alaska USA have a special account for nonprofits?

A: No. But nonprofit organizations, corporations, and associations using an Alaska USA business checking account that have the IRS exempt status under section 501(c) of the Internal Revenue Code will automatically have the $5 monthly maintenance fee waived, even if the account balance falls below $1,000 in a calendar month.

Frequently asked questions Q: Can any business become a member of Alaska USA?

A: Alaska USA serves thousands of member businesses located in Alaska, Washington, California’s San Bernardino County, and Arizona’s Maricopa County. Call 800-525-9094 to learn more about becoming a member.

Q: What types of fees are there on an Alaska USA business checking account?

A: Types of fees include monthly maintenance fees, check activity fees, and cash and currency fees. The fees on an Alaska USA business checking account are generally lower than banks with similar types of fees. For more details on the fees, please visit alaskausa.org/biz or call 800-525-9094.

Q: How do I reorder checks for my business?

A: For business style check orders or reorder, please contact Deluxe directly by calling 800-252-3414 or visit their website at deluxe.com/shopdeluxe/home.

Q: Do I need anything more than what’s provided in the depository kits to make a deposit?

A: Yes. When making a deposit, you need an endorsement stamp to properly endorse your checks, and a printed list of checks in your deposit.



AKUSA 02700 B R 11/18 - AK

Contact informationAlaska USA Member Service

Business & Commercial Services

Branch Locations

Write us

800-525-9094 Available 24 hours a day, 7 days a week

877-646-6670 alaskausa.org/biz 800-525-9094 alaskausa.org/branches

P.O. Box 196615, Anchorage, AK 99519-6615


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SERVICE, VALUE, AND CONVENIENCE FOR YOUR ......Debit Card. Purchases and transactions are simple. • Make online purchases. • Use it for business trips. • Keep track of your purchases