Save Your way
A strong savings strategy is the foundation of any strong financial strategy. Whether you are just looking for an account to save for a rainy day, or you want an account that allows you to earn a better rate so your money can grow faster, Mt. McKinley Bank has a savings account that works for you. Each of our savings account allow you to:
- Set up direct deposit
- Initiate payments to Mt. McKinley Bank loans
- Purchase one daily money order or cashier’s check at no cost to you
- Make transfers over the phone to any of your accounts (Limits May Apply)
Compare Our Savings Account Options
Account Name | Key Account Features |
|---|---|
Kasasa Saver | Any Kasasa Saver rewards are automatically transferred to your account (must have Kasasa checking) Earn a better interest rate than traditional savings accounts No monthly maintenance fee or service charge No minimum balance requirement to keep account open |
Quarterly Statement Savings | Quarterly statements mailed No ACH or electronic debits ATM cards not permitted No monthly service charge |
Convenient Statement Savings | Statements mailed monthly ATM card available ACH and Electronic debits allowed (limits apply) |
Certificates of Deposit
Mt. McKinley Bank allows you to earn a better interest rate on your savings balance when you choose to place your money in a certificate of deposit (CD). We offer competitive rates and a variety of term lengths to allow you to choose the CD that fits your savings goals. Here’s what you need to know about our CDs:
- $500 minimum deposit requirement
- Term lengths range from 30 days to 5 years
- Term lengths of 1 year or shorter offer simple interest paid at maturity
- Interest on certificates with a term longer than 1 year is compounded daily and is payable monthly, quarterly, annually or at full maturity
- All deposits automatically renew
Opportunity Plus CDs
If you’re looking for a CD that offers more flexibility and additional benefits, we also offer Opportunity Plus CDs. These certificates are available for one-year or two-year terms. Here are the key features of each option.
Account Name | Key Features |
|---|---|
1-Year Opportunity Plus CD | Make deposits at any time Earn simple interest that is paid at maturity Automatic renewal You can increase the interest rate up to 2 times during the term if rates rise |
2-Year Opportunity Plus CD | Make deposits at any time Interest compounded daily and paid quarterly Eligible for automatic renewal Increase the interest rate up to 4 times during the term if rates rise |