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
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.