In 1965, Mt. McKinley Bank was founded as a Mutual Savings Bank. Startup capital for the bank consisted of $357,000 in debentures that were issued rather than common stock. Mt. McKinley Bank has grown to provide a wide array of financial services including individual and business checking accounts, personal and business savings accounts and certificates of deposit, all types of commercial and consumer loans, safe deposit boxes, contract collection services, individual retirement accounts, Internet banking and online bill pay and four ATM locations. The bank employs nearly 70 people and is involved in numerous community projects and events. Its assets at the end of 2003 were approximately $198 million with $33.7 million in capital. Mt. McKinley Bank is among the oldest and largest local financial institution in Fairbanks and interior Alaska s primary mortgage lender.
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