Business Savings

Your money will work smarter when you have a Business Savings Account at Mauch Chunk Trust.

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Statement Savings

Keeping funds readily available is vital for the operation of any business, yet you often have to sacrifice earning potential for that privilege. Not at MCT.

  • Our Statement Savings Account offers an attractive variable annual percentage yield, making it the perfect account to meet your business goals. Better yet, you can open this account with as little as $1.
  • Avoid a small monthly fee by keeping the required minimum balance in your savings account, or any combination of MCT accounts.

Business Money Market Savings Account

Where can a partnership, corporation or LLC find a high-yield, short-term investment that maintains complete liquidity? Right here! MCT’s Business Money Market Savings Account has it all.

  • It’s perfect for those who keep a substantial balance in their account but want easy access to their funds for those unexpected expenses. Open this account with a $5,000 minimum deposit.
  • Interest is accrued daily, making those large deposits bigger yet.
  • NO yearly maintenance fees. NO management fees. NO commission fees. We’ll even waive the small monthly fee if your account maintains the required minimum balance.

Investor’s Money Market Savings Account

Sole Proprietors, Non-Profit Organizations and Municipalities have unique banking needs. MCT recognizes this and created our Investor’s Money Market Account to meet them.

  • This high-yield, short-term investment provides complete liquidity with the safety of FDIC insurance. Open with a minimum $5,000 deposit and start accruing interest daily. Your earnings are highest on the days you make a larger deposit!
  • NO penalties. NO yearly maintenance, management or commission fees. And if you maintain a minimum required balance in your account, we’ll even waive the small monthly fee.

Visit your local branch to learn more about the MCT Investor’s Money Market Savings Account. Any of our Personal Bankers will be happy to help you.

Business CDs

MCT offers business owners a unique opportunity to grow their investment through the security of a Certificate of Deposit. With a solid rate of return, this is probably one of the safest investments you can make. Choose from three products designed to meet your specific needs:

Growth Certificate of Deposit

Interest is compounded and posted monthly, allowing your earnings to accumulate and compound for maximum growth.

  • Open with a minimum of $500.
  • Choose from a term of 3-month, 6-month, 1, 2, 3, 4 and 5 years. We also offer a 3-1/2-year Step-Up CD; at your discretion you may change the interest rate on the account by stepping-up to a higher interest rate 1 time during the certificate’s 3 ½ year term.
  • Other special terms available as advertised.

Income Certificate of Deposit

Offers the safety of a CD without sacrificing an income stream by combining a high interest rate with disbursement options created to meet complex business needs.

  • Interest accrues daily and paid according to your instructions; monthly, quarterly, semi-annually, annually or at maturity if the term is one year or less. It can be paid by check or deposited directly into your MCT checking, savings or money market account.
  • Open with as little as $500.
  • Choose from a term of 3-month, 6-month, 1, 2, 3, 4 and 5 years. We also offer a 3-1/2-year Step-Up CD; at your discretion you may change the interest rate on the account by stepping-up to a higher interest rate 1 time during the certificate’s 3 ½ year term.
  • Other special terms available as advertised.

Jumbo Certificate of Deposit

MCT’s Business Jumbo Certificate of Deposit is designed as a time deposit with maximum interest growth.

  • You can open it with a minimum of $100,000.
  • Collect interest on your terms: compounded if growth is your goal, or simple interest for use as an income vehicle.
  • Choose from terms of 30 days, 60 days, 3 month, 6 month, 1 year or longer. Other special terms available as advertised.
  • A Personal Banker can provide current Jumbo CD rates.

Have Questions?

Contact Us Visit your nearest MCT Office