Rates

Effective as of: March 24, 2017


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 0.10% 0.10%
91 Days 0.15% 0.15%
6 Months 0.20% 0.20%
9 Months 0.20% 0.20%
1 Year 0.25% 0.25%
Opportunity Plus 1 Year 0.25% 0.25%
2 Year 0.55% 0.55%
Opportunity Plus 2 Year 0.55% 0.55%
3 Year 0.80% 0.80%
5 Year 1.26% 1.25%
Accounts
APY*
Rate
NOW Checking 0.02% 0.02%
Savings 0.07% 0.07%
Money Market Plus
Rate paid when balance is more than or equal to $2,500
0.07% 0.07%
Investment Account
APY*
Rate
Up to $25,000 0.02% 0.02%
$25,001 - $50,000 0.06% 0.06%
$50,001 - $100,000 0.07% 0.07%
$100,000 - $500,000 0.08% 0.08%
$500,001 - $1,000,000 0.09% 0.09%
$1,000,001 - $1,500,000 0.09% 0.09%
>$1,500,000 0.10% 0.10%
* 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 4.250% 4.51%
First Time Homebuyer (Tax Exempt) 3.750% 4.14%
First Time Homebuyer (Taxable) 4.125% 4.48%
Veterans Mortgage Program 3.750% 4.14%
Rural - Owner Occupied 4.000% 4.25%
Conventional
Rate
APR
Fixed Rate - Long Term 4.000% 4.33%
Fixed Rate - Short Term 3.250% 3.63%
Government
Rate
APR
FHA 3.875% 4.49%
VA 3.875% 4.49%
In House
Rate
APR
Non-Conforming - Fixed Rate Call Call
Land Call Call
Recreational Property Call Call
Property Improvement Call Call
Second Mortgage Call Call
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 5.000% 5.000%
Auto - Used - 1 Year Old 6.000% 6.000%
Auto - Used - 2 to 5 Years Old 6.750% 6.750%
Auto - Used - over 5 Years Old 8.000% 8.000%
Travel Trailer - New 6.250% 6.250%
Travel Trailer - Used 7.500% 7.500%
Motorhome - New 6.250% 6.250%
Motorhome - Used 7.250% 7.250%
Truck Camper - New 6.250% 6.250%
Truck Camper - Used 7.500% 7.500%
Aircraft 6.250% 6.250%
Boats - New 6.250% 6.250%
Boats - Used 7.250% 7.250%
Motorcycle - New (Under $12,500) 5.750% 5.750%
Motorcycle - New (Over $12,500) 6.250% 6.250%
Used Motorcycle 7.250% 7.250%
Consumer Equipment - New (Minimum $12,500.00) 6.250% 6.250%
Consumer Equipment Used (Minimum $12,500.00) 7.250% 7.250%
4-Wheeler, Jet Ski, Snow-machine, etc. -  New 6.250% 6.250%
Miscellaneous Secured 6.500% 6.500%

 

Commercial Loan Rates

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