Business Savings and Money Market Accounts

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.

Check out our current Deposit Rates!         Securely Contact our Customer Service Team

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 the perfect vehicle for those who keep a substantial balance in their account, but want easy access to their funds for those unexpected expenses that arise. Open this account with a $5,000 minimum deposit.

Interest is accrued daily, making those large deposits bigger yet. 

NO yearly maintenance fee. NO management fee. NO commission fee. We’ll even waive the small monthly fee if your account maintains the required minimum balance.

Check out our current Business Money Market Savings Account rates!

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.

Check out our current Investor’s Money Market Account rates!

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Mauch Chunk Trust Company

Mauch Chunk Trust Company was incorporated August 25, 1902 as the successor institution to the Second National Bank of Mauch Chunk, established in 1864. We remain a locally owned and managed independent community bank. While many banks of our type have merged or simply disappeared, our ability to change with the times has allowed us to grow and prosper for so many years. Read more about our history here.

We have 7 community banking offices & 1 Trust/Investment office located in Carbon & Schuylkill Counties, Pennsylvania in the following communities: Jim Thorpe, Albrightsville, Lehighton, Nesquehoning & Tamaqua (Hometown & West Penn).

We are the "Neighbors you know, bankers you trust." Voted as the Best Bank, Best Mortgage Company & Best Place to Work in the Times News 2020 Reader's Choice contest. The MCT logo, tagline "Neighbors you know, bankers you trust", "MCT Loans" logo and tagline "Friendly, Fast & Local" are trademarks of the Mauch Chunk Trust Company.

Important Information About Procedures for Opening a New Account:

  • To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
  • What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.