Business Check Card

The Carroll Community Mastercard Check Card® gives you the convenience of a business credit card without the finance charges and monthly bills. Unlike a credit card, payments for purchases are automatically deducted from your primary business checking account, so it’s a safe and easy way to access funds you need without a lot of cash in your wallet.

Features:

  • Automatically deducts funds from your business checking account – no need to write a check or wait for check approvals.
  • No monthly payments or finance charges (unless you utilize an overdraft line of credit).
  • No need to carry extra cash or keep a lot of petty cash on hand with millions of acceptance locations and ATMs worldwide.
  • Get authorization for immediate shipment of any mail, phone, or internet orders.
  • Set variable daily limits on purchases and cash withdrawals to protect account from fraud.
  • Request extra cards for your employees with preset spending limits.
  • Get a receipt with every purchase to better track spending.
  • Set spending controls for employees.
  • Reduces the need to use personal funds for business purchases.
  • Receive detailed monthly bank statements for easy account reconciliation, expense reporting, and identification of tax deductions.
Business Deposit Rates
(Annual Percentage Yield)
Savings and Money Markets **
Business Statement Savings.10%
Business Money Market.10% to .20%
Business AdvantageMoney Market.10% to .20%
Checking
Sole Proprietor / Non Profit Checking.05%
Business Power Package Account0.75%
Certificate of Deposit / IRA CDs
6 Month CD.20%
12 Month CD.35%
15 Month CD.40%
18 Month- Add On CD***.70%
24 Month Penalty Free CD.50%
30 Month CD.50%
36 Month CD1.00%
48 Month CD1.15%
60 Month CD1.50%
Special 13 Month CD*****1.75%
**Money Market and Savings accounts are limited to 6 third party transfers per statement period (telephone, internet, check, draft, POS, similar order are limited to 6 per statement cycle). There will be a $15.00 fee for excessive electronic or third party transfers.***18-Month Add On CD – may make additional deposits of a minimum of $10.00
***18-Month Add On CD – may make additional deposits of a minimum of $10.00
*****Limited Time Offer. The 13-Month Special CD will automatically renew for a 12 month term from the initial and each succeeding maturity date at the interest rate then being offered by us for your type of account.