Rates

Effective as of: April 25, 2018


Mt. McKinley Bank has many excellent deposit, real estate and consumer loan rates listed below. If you have any questions about these rates or products, please call (907) 452-1751 or outside the Fairbanks area, dial toll free (888) 515-1774. You may also visit the Mt. McKinley Bank location nearest you for more information.

Rate data is updated on a best effort basis, generally each business day before 10am. Rates are Subject to change without notice.

Deposit Rates

Time Deposits
APY*
Rate
30 Days 0.11% 0.11%
91 Days 0.15% 0.15%
6 Months 0.22% 0.22%
9 Months 0.22% 0.22%
1 Year 0.50% 0.50%
Opportunity Plus 1 Year 0.25% 0.25%
2 Year 0.75% 0.75%
Opportunity Plus 2 Year 0.55% 0.55%
3 Year 1.00% 1.00%
5 Year 1.77% 1.75%
Accounts
APY*
Rate
NOW Checking 0.05% 0.05%
Savings 0.10% 0.10%
Money Market Plus
Rate paid when balance is more than or equal to $2,500
0.12% 0.12%
Investment Account
APY*
Rate
Up to $25,000 0.05% 0.05%
$25,001 - $50,000 0.09% 0.09%
$50,001 - $100,000 0.10% 0.10%
$100,000 - $500,000 0.11% 0.11%
$500,001 - $1,500,000 0.12% 0.12%
>$1,500,000 0.13% 0.13%
* APY- Annual Percentage Yield. The actual rate earned if the money stays on deposit for a full year.

 

Real Estate Loan Rates

Alaska Housing Finance Corp.
Rate
APR
Taxable 4.750% 5.01%
First Time Homebuyer (Tax Exempt) 4.250% 4.57%
First Time Homebuyer (Taxable) 4.625% 4.93%
Veterans Mortgage Program 4.250% 4.57%
Rural - Owner Occupied 4.500% 4.83%
Conventional
Rate
 
Fixed Rate Call for quote  
Government
Rate
 
FHA Call for quote  
VA Call for quote  
In House
Rate
 
Non-Conforming - Fixed Rate Call for quote  
Land Call for quote  
Recreational Property Call for quote  
Property Improvement Call for quote  
Second Mortgage Call for quote  
Home Equity Line of Credit Call for quote  
Construction
Rate
 
Construction Loans Available for Owner builders and Contractors Call for quote  

 

Consumer Loan Rates

Loan Type
Rate
APR
Auto - New 5.250% 5.250%
Auto - Used - 1 Year Old 6.250% 6.250%
Auto - Used - 2 to 5 Years Old 7.000% 7.000%
Auto - Used - over 5 Years Old 8.250% 8.250%
Travel Trailer - New 6.500% 6.500%
Travel Trailer - Used 7.750% 7.750%
Motorhome - New 6.500% 6.500%
Motorhome - Used 7.500% 7.500%
Truck Camper - New 6.500% 6.500%
Truck Camper - Used 7.750% 7.750%
Aircraft 6.500% 6.500%
Boats - New 6.500% 6.500%
Boats - Used 7.500% 7.500%
Motorcycle - New (Under $12,500) 6.000% 6.000%
Motorcycle - New (Over $12,500) 6.500% 6.500%
Used Motorcycle 7.500% 7.500%
Consumer Equipment - New (Minimum $12,500.00) 6.500% 6.500%
Consumer Equipment Used (Minimum $12,500.00) 7.500% 7.500%
4-Wheeler, Jet Ski, Snow-machine, etc. -  New 6.500% 6.500%
Miscellaneous Secured 6.750% 6.750%

 

Commercial Loan Rates

Commercial Rates are subject to change and vary for different situations.
If interested, please call 907-452-1751.