Lines and Letters of Credit

Whether you need a line of credit to improve cash flow or purchase equipment, Carroll Community Bank has the type of loan with flexible terms to fit your needs. When you open a line of credit with Carroll Community Bank you get much more than just a financing solution.  You get a trusted advisor dedicated to helping your small business succeed.

Features:

  • Available for amounts $25,000 and up
  • Competitive variable rates
  • Fast, easy access to funds through our branches or online
  • Flexibility to pay in full or over time
  • May be secured by blanket lien on business assets, investments or owner occupied real estate
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
Certificate of Deposit / IRA CDs
6 Month CD.10
12 Month CD.25
15 Month CD.30
18 Month- Add On CD***.35
24 Month Penalty Free CD.75
30 Month CD.45
36 Month CD.55
48 Month CD.75
60 Month CD1.26