Mauch Chunk Trust Company

What Mauch Chunk Trust Company does

Mauch Chunk Trust Company is a privately held, FDIC-insured Pennsylvania state-chartered community bank headquartered in Jim Thorpe, Carbon County, operating continuously since 1902. The bank operates six full-service branches and a dedicated Trust & Wealth Management office across Carbon and Schuylkill counties, with mortgage and merchant services reach extending into seven northeastern Pennsylvania counties. It provides personal banking (checking, savings, money market, CDs, IRAs, mortgages, home equity, personal loans, credit cards), business banking (commercial real estate loans, term loans, lines of credit, municipal leasing, cash management), trust and estate services, and wealth management through a Cetera Wealth Services partnership.

The technology stack centers on a Fiserv-powered online and mobile banking platform supporting iOS and Android, with mobile deposit, bill pay, real-time alerts, and debit card controls. The bank orchestrates a broad vendor ecosystem rather than building in-house: SavvyMoney for credit monitoring, IntraFi for CDARS/ICS deposit network insurance, Clover for merchant POS, Banzai for financial education, BusyKid/Pathward/Apex Clearing for the MCT Junior youth app, and Card Assets for credit card issuance. Digital wallet support spans Apple Pay, Google Wallet, Samsung Pay, Garmin Pay, plus Venmo/PayPal/CashApp compatibility.

Revenue is generated primarily through net interest income on the lending book (mortgages, HELOCs, commercial real estate, commercial term loans, auto/personal loans) and deposit spread, supplemented by account service fees ($8-$35/month), overdraft fees ($35 per item, capped at $105/day), wire fees ($20-$50), business cash management bundle subscriptions ($10-$55/month), trust and wealth advisory fees through Cetera, and merchant services revenue via Clover. The go-to-market is relationship-driven across branches, mobile app, phone banking, and a dedicated commercial lending team covering SMB, commercial, and government clients within the Pennsylvania service area.

Name

Mauch Chunk Trust Company

Legal name

Mauch Chunk Trust Company

Website

https://mct.bank

Company type

Private

Founded year

1902

Operating status

Operating

Headcount range

51–100 employees

Short description

Mauch Chunk Trust Company is a privately held, FDIC-insured Pennsylvania community bank founded in 1902, operating six branches and a wealth management office serving personal, business, government, and trust customers across northeastern Pennsylvania with deposit, lending, treasury, and fiduciary services.

Ownership category

akta.pro rank

Headquarters

HQ city

Jim Thorpe

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income - Loans: MCT earns interest income on residential mortgages, home equity loans, commercial real estate loans, commercial term loans, personal loans, and auto/motorcycle/ATV loans. Interest rates vary by product type and term.
2. Interest Income - Deposits: The bank pays interest on deposit accounts (checking, savings, money market, CDs) and earns the spread between loan interest rates and deposit interest rates paid to customers.
3. Overdraft Fees: $35 overdraft fee per item presented for overdrawing accounts. Limited to 3 fees ($105) per day.
4. Wire Transfer Fees: Incoming domestic wires $20, outgoing domestic wires $35, international wires $50. Business Cash Management customers receive $2 discount.
5. Account Service Fees: Monthly service charges on checking accounts ranging from $8-$35 depending on account type and balance requirements. Night deposit bag fees ($30-$35). Medallion stamp fees ($5 per document).
6. Wealth Management Services: Investment services offered through Cetera Wealth Services LLC including stocks, bonds, mutual funds, ETFs, annuities, and managed accounts. Generates commissions and advisory fees.
7. Business Cash Management Fees: Bundle pricing: Starter $10/month, ACH Bundle $40/month, Remote Deposit Bundle $40/month, Complete Business Bundle $55/month. Business Bill Pay $7.95/month after free trial.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels9 records

Core offering

Mauch Chunk Trust Company is a locally owned community bank providing personal banking (checking, savings, CDs, IRAs, mortgages, home equity, personal loans, credit cards), business banking (commercial lending, business cash management, merchant services via Clover), trust and estate services, and wealth management through Cetera Wealth Services LLC. The bank operates six full-service branches in northeastern Pennsylvania supplemented by Fiserv-powered mobile and online banking, an ATM network, and a dedicated Trust & Wealth Management office.

Product overview

Mauch Chunk Trust Company is a locally owned community bank offering a comprehensive suite of banking and lending products. The core offerings consist of Personal Banking (checking, savings, CDs, IRAs, mortgages, home equity, personal loans, credit cards) and Business Banking (checking, savings, commercial lending, merchant services). Supporting services include Trust Services, Wealth Management (via Cetera), Online & Mobile Banking (Fiserv-powered), the MCT Junior youth financial app, and Business Cash Management. The bank operates six full-service branches in Pennsylvania and serves customers through digital channels including mobile apps for personal, business, and cash management users.

Differentiator

Problem solved

Functional benefit

Brands

• MCT Junior: A mobile app providing hands-on financial learning for kids and teens with parent supervision, includes BusyKid Visa Prepaid Debit Cards for children ages 5-17.
• MCT Wealth Management
• MCT Trust Services

Products and services

• Personal Banking Comprehensive personal banking bundle including checking, savings, money market, CDs, IRAs, credit cards, mortgages, home equity loans, and personal loans for individual consumers in northeastern Pennsylvania.
• Business Banking Comprehensive business banking bundle including business checking, business savings, commercial lending, merchant services, and treasury management for small businesses, sole proprietors, and commercial entities.
• Commercial Lending Commercial real estate loans, commercial term loans, commercial lines of credit, commercial letters of credit, municipal leasing, and small business loans for local commercial customers.
• Business Cash Management Treasury management service with 24/7 account access, multi-user permissions, ACH and wire transfers, remote deposit, and four bundle pricing tiers (Starter $10, ACH $40, Remote Deposit $40, Complete $55 per month) plus Business Bill Pay.
• Clover Merchant Services Point-of-sale systems through the Clover partnership for retail, restaurant, and service businesses, providing payment technology and operational tools.
• Residential Mortgages Mortgage products including bi-weekly, monthly, first-time homebuyer, and single-close construction mortgages for purchase or refinance on primary/secondary residences, with loan limits up to $832,750.
• Home Equity Loan Fixed-rate loan using home equity as collateral, with flexible 5/7/10/15-year payment terms and optional automatic deductions; includes Community Advantage program for low-to-moderate income borrowers.
• Home Equity Line of Credit (HELOC) Revolving line of credit with variable rate indexed to Wall Street Journal Prime, no closing costs under $250,000, and option to convert portions to fixed rate.
• Personal and Vehicle Loans Unsecured signature personal loans and secured auto, motorcycle, and ATV loans for personal use, with terms up to 10 years for autos and amounts from $5,000 to $50,000 for personal loans.
• MCT Credit Cards Mastercard credit cards including Platinum Collection, World, World Elite, and Business Mastercard variants issued by Card Assets pursuant to a Mastercard license, with rewards, points, and insurance benefits.
• Deposit Products (Savings, Money Market, CDs, IRAs) Deposit offerings including Statement Savings, Power Savings, Investor's Money Market, Investor's Money Market CD, Growth CD, Income CD, Jumbo CD, Traditional IRA, Roth IRA, and Coverdell ESA.
• IntraFi CDARS/ICS Services Deposit network services providing multi-million-dollar FDIC insurance by placing consumer and business funds across multiple network banks while maintaining a single-bank relationship with MCT.
• Trust Services Fiduciary services including trust administration, estate settlement, pension management, financial power of attorney, IRA accounts, and financial guardianship for individuals and families.
• Wealth Management Investment advisory services offered through Cetera Wealth Services LLC including stocks, bonds, mutual funds, ETFs, annuities, managed accounts, and life insurance.
• Online & Mobile Banking 24/7 digital banking access via Fiserv-powered online platform and native iOS/Android mobile apps with account management, bill pay, transfers, mobile deposit, real-time alerts, debit card controls, and digital wallet support.
• MCT Junior Youth financial education platform providing chore tracking, allowance management, up to five MCT Junior branded BusyKid Visa Prepaid Debit Cards, investing, and charity donations for kids aged 5-17 under parent supervision.
• Credit Score and More Free credit monitoring service powered by SavvyMoney providing daily credit scores, TransUnion credit reports, real-time alerts, and a score simulator integrated into MCT online and mobile banking.
• Mobile Wallet Services Digital wallet tokenization of MCT debit cards for contactless payments via Apple Pay, Google Wallet, Samsung Pay, and Garmin Pay.
• Business Checking Four business checking account options: Budget Business Checking, Basic Business Checking, Select Business Checking, and Business Interest Checking with varying minimums, transaction limits, and features.
• Personal Checking Personal checking options including Student Digital Banking, Free Checking, Personal Checking, Personal Checking Plus, Select Checking, and Transitions Account with varying features and fee structures.

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration22 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core, strategic and minor.

• IntraFi (CDARS/ICS)coreTechnology or IntegrationMCT participates in the IntraFi network offering CDARS (Certificate of Deposit Account Registry Service) for consumers and businesses, and ICS (Insured Cash Sweep) for businesses. These services provide multi-million-dollar FDIC insurance by placing deposits across multiple network banks while maintaining a single-bank relationship with MCT.
• ClovercoreChannel Partner/ Reseller/ DistributorMauch Chunk Trust partners with Clover to offer local Pennsylvania businesses point-of-sale systems. This partnership brings payment technology and operational tools to help businesses streamline operations and enhance customer experience.
• Cetera Wealth Services LLCcoreChannel Partner/ Reseller/ DistributorMCT Wealth Management offers investment services through Cetera Wealth Services LLC, a FINRA member broker-dealer and registered investment advisor. Services include stocks, bonds, mutual funds, ETFs, annuities, managed accounts, and life insurance.
• BusyKidstrategicTechnology or IntegrationMCT Junior program is provided through partnership with BusyKid, offering a hands-on money management platform for kids and teens. Includes the BusyKid Visa Prepaid Debit Card issued by Pathward, National Association.
• BanzaiminorStrategic or Co-development PartnerMCT has partnered with Banzai to offer financial education resources including online coaches, articles, and calculators focusing on homebuying, mortgage applications, credit scores, and financial planning.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Fulton Financial Corporation: Fulton Financial Corporation is a Lancaster, PA-based bank holding company operating Fulton Bank with branches across Pennsylvania, New Jersey, Delaware, Maryland, Virginia, and Washington DC. Comparable to MCT as a Pennsylvania-headquartered banking institution serving similar retail and commercial banking customer segments.
• Mid Penn Bancorp: Mid Penn Bancorp is a Millersburg, PA-based bank holding company operating multiple community bank brands across central Pennsylvania. Comparable to MCT as a Pennsylvania-based community banking group with broader branch network and similar personal/business banking offerings.

Emerging players

• PSECU (Pennsylvania State Employees Credit Union): PSECU is a Pennsylvania state-chartered credit union headquartered in Harrisburg serving state employees and their families with personal banking, lending, and digital services. Comparable to MCT as a Pennsylvania-based, member-focused financial institution offering competing deposit and loan products to overlapping customer segments.

Direct peers

• S&T Bank: S&T Bank is an Indiana, PA-based community bank serving western and central Pennsylvania with personal and business banking, commercial lending, and wealth management. Comparable to MCT as a Pennsylvania community bank with multi-branch network and similar product portfolio.
• ESSA Bank & Trust: ESSA Bank & Trust is headquartered in Stroudsburg, PA (Monroe County) and serves the Pocono region and surrounding counties with personal and business banking, mortgage lending, and wealth management. Highly comparable to MCT given geographic overlap in Monroe and Carbon County service areas and similar product suite.
• Fidelity Deposit and Discount Bank: Fidelity Deposit and Discount Bank is a Dunmore, PA-based community bank serving Lackawanna and surrounding counties with full-service personal and business banking. Directly comparable to MCT in scale, independent ownership, NE Pennsylvania footprint, and traditional community banking focus.
• Penn Security Bank & Trust (PSB): Penn Security Bank is a Scranton-based community bank serving Lackawanna and surrounding NE Pennsylvania counties with personal banking, business banking, and trust services. Operates in immediately adjacent geography to MCT with similar community bank business model and product mix.
• FNCB Bank: FNCB Bank is a community bank headquartered in Dunmore, PA (Lackawanna County), serving northeastern Pennsylvania with personal and business banking, lending, and wealth services. Closely comparable to MCT in geography (NE PA), product mix, and independent community bank positioning.
• QNB Bank: QNB Bank is a Quakertown, PA-based community bank serving Bucks and surrounding counties with personal banking, business banking, and wealth services. Comparable to MCT as an independent Pennsylvania community bank with multi-branch footprint and full product suite.
• Peoples Security Bank & Trust: Peoples Security Bank & Trust is a Scranton, PA-based community bank serving Lackawanna and surrounding NE Pennsylvania counties with personal and business banking services. Directly comparable to MCT in geography, scale, and traditional community bank model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mauchchunktrust
• YouTubeyoutube.com/@mauchchunktrustcompany
• Facebookfacebook.com/MauchChunkTrust
• LinkedInlinkedin.com/company/mauchchunktrust
• Instagraminstagram.com/mauchchunktrust

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mauch Chunk Trust Company