Interest Bearing Business Checking

For non-profit organizations and sole proprietors, Mt. McKinley Bank’s Interest Bearing Business Checking account provides the liquidity of a checking account, and the opportunity to earn interest. A monthly maintenance fee can be avoided by maintaining a minimum daily collected balance. Transaction fees are charged only if credit or debit items exceed the threshold allowed. Interest is compounded daily and paid monthly. McKinley Quicklink can provide information concerning your account balance, deposits, or checks that have cleared, 24 hours a day, seven days a week, toll-free from anywhere in the United States. Transfers between your business deposit accounts can also be made through McKinley Quicklink.

Interest Bearing Business Checking accounts can be linked to the Money Market Investment account. A target balance can be calculated for you. This balance will, if maintained, allow you to avoid most service fees. Let us show you how Mt. McKinley Bank can serve you for all of your business banking needs.

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