FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Personal Checking
With multiple checking accounts to choose from, MCT offers you convenience to help with your busy lifestyle.
The checking accounts at Mauch Chunk Trust are specially crafted to meet your needs – no matter what your goals may be. Combined with MCT Bill Pay and you have more time to do the things you enjoy!
Enjoy FREE convenient mobile or online banking access, no matter which product you choose. Our 24-hour toll free Express Phone Banking is also available in case you need it!
Reach your financial goals more quickly by linking your MCT checking account with a MCT savings account by transferring a designated amount each month. Unlimited transactions plus FDIC insured to the highest limits permissible. Exactly what you can expect from the neighbors you know, bankers you trust.
All of our Personal Checking Accounts include:
- Free Online Banking
- Free Mobile App with Push, Text and Email Alerts
- Mobile Deposit 1
- Free Direct Deposit
- Free e-statements
- Free MasterCard Debit Card that works with Apple Pay, Google Wallet, Samsung Pay and Garmin Pay, and also payment apps like Venmo, PayPal, CashApp!
- Optional Overdraft Privilege – Up to $750 3
Personal Checking Account Comparison
| Account Type | Student Digital Banking | Free Checking | Personal Checking | Personal Checking Plus | Select Checking |
|---|---|---|---|---|---|
| Description | Designed for everything students need, ages 14-24. A parent or guardian is required when the primary account owner is between the ages of 14 and 17. | No-hassle, no-cost solution for those who only need the basics! | Perfect for the busy lifestyle you lead! Free MCT Bill Pay – our bill pay solution and eStatements to eliminate the paper clutter! | A checking solution featuring some great perks such as free club style checks and free MCT Bill Pay – our bill pay solution. | Perfect for those who maintain a higher account balance. Earn a higher interest rate for trusting us with your business! |
| Minimum to Open | $10 | $25 | $25 | $25 | $25 |
| Minimum Balance or Actions Required to Avoid Monthly Service Charge | The monthly service charge can be avoided when the primary account owner is aged 14 through 24 years old. | N/A | $200 daily minimum or a $1,000 average in related combined deposit account balances including this checking account or Direct Deposit relationship | $500 daily minimum or a $3,000 average in related combined deposit account balances including this checking account | $5,000 daily minimum or a $25,000 average in related combined deposit account balances including this checking account |
| Interest | None | None | None | Yes Compounded monthly on all balances | Yes Compounded monthly on balances greater than $5,000 & $10,000 (2 tiers) |
| Monthly Service Charge | $15 waived until age 25 | N/A | $8 (if minimum balance not met) | $10 (if minimum balance not met) | $25 (if minimum balance not met) |
| ATM Fees | Unlimited transactions at MCT ATMs No MCT fees for ATM transactions at other financial institutions 2 | Unlimited transactions at MCT ATMs $2 for each transaction at other financial institutions 2 | Unlimited transactions at MCT ATMs $2 for each transaction at other financial institutions 2 | Unlimited transactions at MCT ATMs $1.50 for each transaction at other financial institutions 2 | Unlimited transactions at MCT ATMs No MCT fees for ATM transactions at other financial institutions 2 |
| Optional Overdraft Privilege (Details) | N/A | Up to $750 3 | Up to $750 3 | Up to $750 3 | Up to $750 3 |
| Free MCT Bill Pay Service | No | No | Yes | Yes | Yes |
| Free MCT Checks (single-style) | No | No | No | Yes | Yes |
| Special Features | N/A | N/A | N/A | No fee on Money Orders! 10% annual discount on Safe Deposit Box rental | Bonus interest rate on one Companion Investor’s Money Market Account No fee on Money Orders! No fee on Treasurer’s Checks! No fee on Stop Payments! 10% annual discount on Safe Deposit Box rental |
1 Per item limit is $2,500. Daily deposit limit is $2,500
2 Other financial institutions may charge their own ATM fees for users.
3 New consumer accounts will receive an introductory Overdraft Privilege limit of $100 which will be increased to $750 after 30 days in good standing.
Reorder Checks
Reorder checks with our vendor, Mainstreet.
Specialty Checking Accounts
Transitions Account
The loss of a loved one proves to be a difficult time for everyone involved. The MCT Transitions Account was specifically designed to act as a short term vehicle to accommodate estate and insurance proceeds. Due to the nature of this account, ATM access is not available.
| Account Type | Minimum to Open | Minimum Balance to Avoid Monthly Service Charge | Interest | Monthly Service Charge |
|---|---|---|---|---|
| Transitions | $25 | $5,000 daily minimum (waived for first 12 months) | Yes Compounded monthly on all balances (4 tiers) | $25 |