Savings & Investments

Savings

All of our saving accounts offer the following:

  • Telephone transfers between any of your Mt. McKinley Bank accounts
  • Loan payment transfers to pay any Mt. McKinley Bank loan
  • Direct deposit
  • One free money order or cashier's check daily

Our Semi-Annual Statement Savings is similar to our Passbook Savings account but with Quarterly statements mailed to you instead of using a passbook. No electronic withdrawals permitted.

Our Quarterly Statement Savings accounts offer quarterly statements and the option to have an ATM card. You will receive a monthly statement with ATM, ACH or electronic debit activity.

Money Market Plus

A savings account with the easy accessibility of a checking account

  • One year supply of checks at account opening
  • Unlimited over the counter withdrawals
  • No monthly service charges
  • Limit 6 pre-authorized withdrawals a month

Investment Account

The Investment account is available for all customers that maintain their primary business checking account with Mt. McKinley Bank. This unique account can be used for cash management while maintaining liquidity. This account allows for six pre-authorized withdrawals each month.

The Investment account earns money market interest rates based upon the balance maintained in the account. This account can help meet your business needs by serving as an automatic donor account to any Mt. McKinley Bank business checking account, serving as protection against overdrafts. This account is an excellent enhancement to your business. Mt. McKinley Bank can help you achieve your business objectives.

Health Savings Account

The Health Savings account is available for all customers within the IRS guidelines to open this account. Your first order of checks are free, and you have unlimited checkwriting. This account has no monthly fees and earns a variable interest rate.

Time Deposits

Our time deposits offer you the most competitive rates available along with the safety and security you require for your hard-earned dollars.

We have both short-term and long-term time deposits. Minimum balance of $500 required.* Time deposits have higher interest rates but also have penalties for early withdrawals.

Standard Certificates of Deposit

Our 30 day, 91 day, 6 month and 1 year time deposits offer simple interest paid at maturity and are automatically renewable.

Our 2 year, 3 year, and 5 year time deposits offer interest compounded daily with your choice of interest payable monthly, quarterly, annually or at maturity. These time deposits are automatically renewable.

Opportunity Plus Certificates of Deposit

The 1 Year Opportunity Plus CD offers simple interest paid at maturity and is automatically renewable. This CD also offers the additional benefit of allowing you to increase the interest rate two (2) times during the term if rates rise. Also, you can deposit to it at any time.

A 2 year Opportunity Plus CD offers interest compounded daily with your choice of interest payable monthly, quarterly, annually, or at maturity. This CD offers the additional benefit of allowing you to increase the interest rate four (4) times during the term if rates rise. Also, you can deposit to it at any time.

For complete details, fees and current interest rates, please call or visit one of our 5 friendly, convenient branch locations.