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 Account | 0.75 |
| 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 CD | 1.00 |
| 30 Month CD | 1.09 |
| 36 Month CD | 1.25 |
| 48 Month CD | 1.35 |
| 60 Month CD | 1.60 |
| 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. | |