Commercial Mortgages & Construction Loans

Whether it is to finance, purchase, or refinance business and investment properties, fund new construction, renovations or remodeling projects – Carroll Community Bank has the flexible terms to fit your needs.

Real Estate Loans

  • Available for amounts of $25,000 and up
  • Can be used to construct, purchase, or refinance an owner-occupied business property, or expand or remodel existing facilities
  • Provides a one-time lump sum for real estate purchases
  • For real estate construction, funds are disbursed throughout construction schedule
  • Fully amortizing and balloon payment options
  • Competitive, fixed or variable rate of interest
  • Secured by the owner-occupied real estate you are financing
  • Flexible repayment terms
  • 1st and 2nd mortgages available on owner occupied real estate up to maximum loan to value
Business Deposit Rates
(Annual Percentage Yield)
Savings and Money Markets **
Business Statement Savings.10
Business Money Market.10 to .50
Business AdvantageMoney Market.10 to .50
Checking
Sole Proprietor / Non Profit Checking.05
Business Power Package Account0.75
Certificate of Deposit / IRA CDs
6 Month CD.50
12 Month CD.70
15 Month CD.75
18 Month- Add On CD***.80
24 Month Penalty Free CD1.00
30 Month CD1.09
36 Month CD1.25
48 Month CD1.35
60 Month CD1.60
Special 13 Month CD*****2.05
Special 25 Month CD*****2.25
**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. The 25-Month Special CD will automatically renew for a 24 month term from the initial and each succeeding maturity date at the interest rate then being offered by us for your type of account.