Rates

Effective as of: March 9, 2010


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 0.21% 0.21%
91 Days 0.45% 0.45%
6 Months 0.65% 0.65%
9 Months 0.67% 0.67%
1 Year 0.85% 0.85%
Opportunity Plus 1 Year 0.80% 0.80%
2 Year 1.31% 1.30%
Opportunity Plus 2 Year 1.26% 1.25%
3 Year 1.92% 1.90%
5 Year 2.69% 2.65%
Accounts APY* Rate
NOW Checking 0.05% 0.05%
Savings 0.20% 0.20%
Money Market Plus
Rate paid when balance is more than or equal to $2,500
0.20% 0.20%
Money Market Investment APY* Rate
Up to $25,000 0.15% 0.15%
$25,001 - $50,000 0.20% 0.20%
$50,001 - $100,000 0.22% 0.22%
$100,000 - $500,000 0.27% 0.27%
$500,001 - $1,000,000 0.32% 0.32%
$1,000,001 - $1,500,000 0.37% 0.37%
* 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 5.000% 5.14%
First Time Homebuyer (Tax Exempt) 4.625% 4.76%
First Time Homebuyer (Taxable) 4.875% 5.01%
Veterans Mortgage Program 4.625% 4.76%
Rural - Owner Occupied 4.750% 4.84%
Conventional Rate APR
Fixed Rate - 30 Year 4.875% 5.01%
Fixed Rate - 15 Year 4.250% 4.44%
Fixed Rate - 10 Year 4.000% 4.19%
5/1 ARM 4.375% 4.57%
Government Rate APR
FHA 4.750% 4.89%
VA 4.750% 4.89%
In House Rate APR
Non-Conforming - Fixed Rate 7.875% 8.26%
"Cabins, A" 5.500% 5.62%
Land 8.250% 8.31%
Recreational Property 7.500% 7.71%
Property Improvement 7.500% 7.53%
Second Mortgage 7.500% 7.53%
Home Equity Line of Credit loans are available Call Call
Construction Rate APR
Construction Loans Available for Owner builders and Contractors Call Call

 

Consumer Loan Rates

Loan Type Rate APR
Auto - New 6.625% 6.73%
Auto - Used - 1 Year Old 7.000% 7.11%
2 – 5 Years Old 7.750% 7.86%
over 5 Years Old 8.500% 8.61%
Travel Trailer - New 8.000% 8.11%
Travel Trailer - Used 8.500% 8.61%
Motorhome - New 8.000% 8.11%
Motorhome - Used 8.250% 8.36%
Truck Camper - New 8.000% 8.11%
Truck Camper - Used 8.500% 8.61%
Boats - New 8.250% 8.36%
Boats - Used 8.500% 8.61%
Motorcycle - New 7.750% 7.86%
Motorcycle - Used 8.000% 8.11%
Snow Machine & ATVs -  New 8.500% 8.61%
Unsecured 14.000% 16.42%

 

Commercial Loan Rates

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