Rates

  

Rate Sections:

Deposit Rates

Loan Rates

Current Deposit Rates

Rates effective as of February 23, 2024

Checking & Savings Accounts
Account TypeMinimum Balance
Required To Obtain
Annual Percentage Yield**		Interest RateAPY*

Personal Checking Plus

No Minimum

0.05% 

0.05% 

Select Checking

$5,000.00 - $9,999.99

0.05%

0.05% 

Select Checking

$10,000.00 and above

0.05% 

0.05% 

Statement Savings

No Minimum

0.05% 

0.05% 

Dream Builders Savings

$100.00 - $999.99

0.05% 

0.05% 

Dream Builders Savings

$1,000.00 - $2,499.99

0.10% 

0.10% 

Dream Builders Savings

$2,500 and above

0.10% 

0.10% 

*APY = Annual Percentage Yield
This is a variable rate account; the rate(s) and APY(s) may change after the account is opened.
**Must maintain minimum balance to obtain the disclosed annual percentage yield.
Fees may affect earnings on the accounts

Minimum Balance Required To Obtain
Annual Percentage Yield**

Interest Rate

APY*

 Transitions Checking Account

$0.00 - $24,999.99

0.10%

0.10%

$25,000.00 - $99,999.99

0.50%

0.50%

$100,000.00 - $249,999.99

0.65%

0.65%

$250,000.00 - $999,999.99

0.80%

0.80%

$1,000,000 and above

1.05%

1.05%

*APY = Annual Percentage Yield. The interest rate(s) and APY(s) reflect a premium rate that will be paid the first twelve months that the account is open. This is a variable rate account; the rate(s) and APY(s) may change after the account is opened.
**Must maintain minimum balance to obtain the disclosed annual percentage yield.
Fees may affect earnings on the accounts

Minimum Balance Required To Obtain
Annual Percentage Yield**

Interest Rate

APY*

 Investor's Money Market CD

$50,000 and above

3.22%

3.27%

*APY = Annual Percentage Yield
This is a variable rate account; the rate(s) and APY(s) may change after the account is opened.
**Must maintain minimum balance to obtain the disclosed annual percentage yield.
Fees may affect earnings on the accounts.
A penalty may be imposed for early withdrawal.

Investor's Money Market Account

Minimum Balance Required To Obtain Annual Percentage Yield**

Interest Rate

APY*

Bonus Interest Rate1

APY*

$0.00 - $24,999.99

0.05%

0.05%

0.10%

0.10%

$25,000.00 - $99,999.99

0.45%

0.45%

0.50%

0.50%

$100,000.00 - $249,999.99

0.60%

0.60%

0.65%

0.65%

$250,000.00 - $999,999.99

0.75%

0.75%

0.80%

0.80%

$1,000,000 and above

1.00%

1.00%

1.05%

1.05%

*APY = Annual Percentage Yield
**Must maintain minimum balance to obtain the disclosed annual percentage yield. You must deposit $5,000.00 to open this account.
1 Bonus Interest Rate is for Select Checking and Select Business Checking Account Customers.
This is a variable rate account; the rate(s) and APY(s) may change after the account is opened.
Fees may affect earnings on the accounts

Select Business Checking

Minimum Balance Required To Obtain
Annual Percentage Yield**

Interest Rate

APY*

$3,500.00 - $9,999.99

0.05%

0.05%

$10,000.00 and above

0.05%

0.05%

*APY = Annual Percentage Yield
This is a variable rate account; the rate(s) and APY(s) may change after the account is opened.
**Must maintain minimum balance to obtain the disclosed annual percentage yield.
Fees may affect earnings on the accounts

Minimum Balance Required To Obtain
Annual Percentage Yield**

Interest Rate

APY *

 Business Interest Checking

$10,000.00 - $24,999.99

0.05%

0.05%

$25,000.00 - $99,999.99

0.05%

0.05%

$100,000.00 and up

0.10%

0.10%

*APY = Annual Percentage Yield
This is a variable rate account; the rate(s) and APY(s) may change after the account is opened.
**Must maintain minimum balance to obtain the disclosed annual percentage yield.
Fees may affect earnings on the accounts

Minimum Balance Required To Obtain
Annual Percentage Yield**

Interest Rate

APY *

 Community Checking Plus Interest

$1,000.00

0.05%

0.05%

*APY = Annual Percentage Yield
This is a variable rate account; the rate(s) and APY(s) may change after the account is opened.
**Must maintain minimum balance to obtain the disclosed annual percentage yield.
Fees may affect earnings on the accounts

Minimum Balance Required To Obtain
Annual Percentage Yield** 

Interest Rate 

APY * 

 Business Money Market Savings Account

 $0.00 - $24,999.99

0.05% 

0.05% 

 $25,000.00 - $99,999.99

0.45% 

0.45% 

 $100,000.00 - $249,999.99

0.60% 

 0.60%

 $250,000.00 - $999,999.99

0.75% 

 0.75%

$1,000,000 and above

1.00%

1.00%

*APY = Annual Percentage Yield
This is a variable rate account; the rate(s) and APY(s) may change after the account is opened.
**Must maintain minimum balance to obtain the disclosed annual percentage yield. You must deposit $5,000.00 to open this account.
Fees may affect earnings on the accounts.

Certificate Type

Minimum Balance
Required To Obtain
Annual Percentage Yield**

Interest Rate

APY *

 Certificates of Deposit - Fixed Rate

3 Month

$500

1.83%

1.84%

6 Month

$500

3.24%

3.29%

8 Month

$10,000 ++

 4.42%

4.50%

9 Month

$10,000 +++

  3.94%

4.00%

1 Year

$500

3.70%

3.75%

1 Year IRA

$100

3.70%

3.75%

22 Month

$10,000 ++

4.42%

4.50%
22 Month IRA $10,000 ++ 4.42% 4.50%

2 Year

$500

3.22%

3.26%

2 Year IRA

$100

3.22%

3.26%

3 Year

$500

2.97%

3.01%

3 Year IRA

$100

2.97%

3.01%

3 1/2 Year Step-Up ***

$500

2.90%

2.94%

3 1/2 Year Step-Up IRA ***

$100

2.90%

2.94%

4 Year

$500

2.83%

2.87%

4 Year IRA

$100

2.83%

2.87%

5 Year

$500

2.80%

2.83%

5 Year IRA

$100

2.80%

2.84%

Jumbo Certificates

$100,000

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*APY = Annual Percentage Yield
**Must maintain minimum balance to obtain the disclosed annual percentage yield.
***At your discretion, you may change the interest rate on the account based on the number of "steps" indicated in the original agreement.
++ New Money is defined as funds not currently on deposit at MCT. Minimum of $10,000.00 in new money is required.
+++ Minimum balance requirement.
A penalty may be imposed for early withdrawal.
Please refer to IRA documents for additional terms and conditions.

Current Loan Rates

Rates Effective as of April 12, 2024

Term

Rate

Monthly Payment

 Home Equity Loans

5 Years

6.35% (7.1662% APR)

$194.96

7 Years

6.50% (7.097% APR)

$148.49

10 Years

6.50% (6.935% APR)

$113.55

15 Years

6.95% (7.262% APR)

$89.60

Apply for a Home Equity Loan

NOTE: Sample payment and APR are based on a loan amount of $10,000.00. Minimum loan amount of $10,000.00. First and Second liens. Terms quoted are subject to credit approval. Up to 80% loan-to-value on primary residences and 80% loan-to-value on secondary residences. Example payments do not include taxes and insurance premiums; actual payment obligation will be greater.

APR= Annual Percentage Rate. APR is effective as of day of publication.
Consult your tax advisor on the deductibility of interest.
All loans are subject to Credit approval and underwriting standards of Mauch Chunk Trust Company.

Home Equity Lines of Credit (HELOC)

Floating at Wall Street Journal Prime*

*The APR will be based on the Wall Street Journal Prime, as published daily. Your APR may vary. Maximum APR is 18%. Minimum loan amount is $10,000. Only for loans secured by the borrower's primary or secondary residence (excluding investment properties) in Pennsylvania. Fees may apply. Homeowners insurance is required. Rates are subject to change. MCT pays all closing costs. If you terminate your account within 36 months of opening it, you will be required to pay an Early Closure Fee consisting of (1) a $200 base fee, plus (2) any closing fees MCT paid on your behalf. Consult your tax advisor on the deductibility of interest.

Apply for a Home Equity Line of Credit

Model Year

Term

Rate

Monthly Payment

 Automobile

New

Up to 5 Years

7.25% (7.692% APR)*

$203.31

New

6 Years

7.75% (8.128% APR)

$177.72

Used

Up to 5 Years

8.25% (8.698% APR)*

$208.18

Apply for an Auto Loan

NOTE: * 5 year term used in sample payment and APR.
Sample payment and APR are based on a loan amount of $10,000. Minimum loan amount of $5,000.00. Terms quoted are subject to credit approval.

Model Year

Term

Rate

Monthly Payment

 Motorcycle and ATV

New

Up to 5 Years

8.00% (8.446% APR)*

$206.95

Used

Up to 5 Years

9.50% (9.953% APR)*

$210.02

Apply for a Motorcycle/ATV Loan

NOTE: * 5 year term used in sample payment and APR.
Sample payment and APR are based on a loan amount of $10,000. Minimum loan amount of $5,000.00. Terms quoted are subject to credit approval.
APR= Annual Percentage Rate. APR is effective as of day of publication.
All loans are subject to Credit approval and underwriting standards of Mauch Chunk Trust Company.

Term

Loan Amount

Rate

Monthly Payment

 Personal Loans

Up to 5 Years

Less than $9,999.99

8.75% (9.165% APR)**

$206.38

Up to 5 Years

$10,000 or greater

11.75% (12.179% APR)**

$221.23

Apply for a Personal Loan

NOTE: **5 year term used in sample payment and APR.
Sample payment and APR are based on a loan amount of $10,000. Minimum loan amount of $5,000.00. Maximum loan amount of $50,000.00. Terms quoted are subject to credit approval.
APR= Annual Percentage Rate. APR is effective as of day of publication.
All loans are subject to Credit approval and underwriting standards of Mauch Chunk Trust Company.

Mortgage Loans

View Our Current Mortgage Rates