Find the Account for Your Business
The way you handle your money for your business is probably different than how you handle your personal finances. Mt. McKinley Bank understands that. That’s why we give you a variety of business checking account options that are tailored to meet the needs of business of any size. If you’d like to open a business checking account, please stop into any of our offices to speak with a member of our business banking team.
Business Checking Account Benefits
Each of our business checking includes the following services for no fee or service charge:
- Overdraft transfers between Mt. McKinley Bank accounts
- Telephone transfers between Mt. McKinley Bank accounts
- Loan payment transfers from a Mt. McKinley Bank deposit account
- e-Statements
- Direct Deposit
- Check images on monthly statement
- One free money order or cashier’s check each day
Each business checking account also includes the following convenience options:
- $25 credit towards your first check order
- 24/7 access to business online banking with ACH capabilities for low monthly charge
Compare Our Business Checking Accounts
Account Name | Choose this account if… | Fees | Benefits |
|---|---|---|---|
Basic Business Checking | Your business has a low monthly transaction volume. | $5 Charge for servicing account | Monthly maintenance fee waived by maintaining minimum daily collected balance
Transaction fees only charged if credit or debit items exceed allowed threshold
Account can be linked to Investment account
|
Regular Business Checking | You want a traditional checking account and have a moderate monthly transaction volume. | $5 | Earnings allowances may offset monthly fees
Account can be linked to Investment account
|
Analyzed Business Checking | Your business has a high monthly transaction volume. | $5 | Earnings allowances may offset monthly fees
Account can be linked to Investment account
|
Interest Bearing Business Checking | You run a non-profit or sole proprietorship and want to earn interest on your account balance.
| $10 Charge for servicing account | Account earns competitive interest rate
Monthly maintenance fee waived by maintaining minimum daily collected balance
Transaction fees only charged if credit or debit items exceed allowed threshold
Account can be linked to Investment account
|
Non-Profit Business Checking | You run a designated 501(c)3 non-profit organization.
| No Fees | No minimum balance requirements
No monthly service charge or maintenance fee
|
Investment Account | You have another business checking account at Mt. McKinley Bank and want to add cash management services. | No Fees | Maintain liquidity in your checking accounts
Earn interest based on balance maintained in the account
Account can be used as overdraft protection for other business checking accounts
|