Alaska is the only US state that pays its residents an annual dividend simply for living there — the Alaska Permanent Fund Dividend (PFD), distributed each fall from oil revenues, creates a unique direct-deposit event where hundreds of thousands of Alaskans update or verify their banking details simultaneously.
Alaska's extreme geography — vast distances, no road connections to the lower 48, and communities accessible only by plane or boat — means banking here relies more heavily on mobile and online platforms than anywhere else in the US. Alaska USA Federal Credit Union is Alaska's largest locally chartered financial institution and one of the top 20 largest credit unions in the US.
National Banks in Alaska
These banks use Alaska-specific ACH routing numbers for accounts opened in Alaska.
| Bank | ACH Routing # | Wire Routing # | Notes | Verify |
|---|---|---|---|---|
| Capital One | 051405515 | 056073502 | Capital One uses a single routing number for all states. | Verify |
| Ally Bank | 124003116 | 124003116 | Ally is online-only and uses the same routing number for all states. | Verify |
| Charles Schwab Bank | 121202211 | 121202211 | Schwab Bank uses a single routing number nationwide. | Verify |
When You Need a Alaska Routing Number
Direct Deposit
Use your ACH routing number for payroll setup.
Tax Refunds
IRS refunds use ACH — always use the ACH number.
Wire Transfers
Large payments require a separate wire routing number.
Bill Pay
Autopay uses the ACH routing number, same as your checks.
Regional Banks in Alaska
Headquartered or major operations in Alaska. Typically one routing number statewide.
Alaska Credit Unions
Alaska USA Federal Credit Union, founded in Anchorage, has grown to over $10 billion in assets — one of the 20 largest credit unions in the United States, remarkable for a state with fewer than 750,000 residents.
FAQ — Alaska Routing Numbers
The Alaska Permanent Fund Dividend (PFD) is an annual payment made to every Alaska resident who qualifies by living in the state for the prior calendar year. It's paid from investment earnings on Alaska's oil royalty fund. The dividend is distributed by direct deposit to your Alaska bank account — you provide your routing and account numbers when applying. The PFD has ranged from about $1,000 to over $3,000 per person annually since 1982.
Wells Fargo uses 125200057 for Alaska ACH accounts. This Pacific Northwest routing number reflects the legacy of First Interstate Bancorp, which had major Alaska operations before being acquired by Wells Fargo in 1996. Wire transfers use Wells Fargo's national number: 121000248.
Yes — Alaska USA Federal Credit Union is open to all Alaska residents. With over $10 billion in assets, Alaska USA is one of the 20 largest credit unions in the United States and the largest in Alaska. They also serve Washington State residents and military members globally. Their routing number is 325272021.
Remote Alaska villages — accessible only by small plane or boat — rely almost entirely on mobile check deposit, ATM withdrawals during trips to hub cities, and direct deposit from employers (often the state or a resource extraction company). Some villages have local post offices with basic financial services, and credit unions like Alaska USA operate mobile branches that visit remote communities periodically. Wire transfers are the preferred method for large transactions.
A routing number is a 9-digit ABA code identifying a financial institution. National banks maintain state-specific routing numbers inherited from regional bank acquisitions to avoid disrupting millions of existing direct deposit setups.