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 .70 |
| Business Advantage Money Market |
.15 to .85 |
Checking |
|
| Sole Proprietor / Non Profit Checking |
.05 |
| Certificate of Deposit / IRA CDs | |
| 6 Month CD | .15 |
| 12 Month CD | .25 |
| 15 Month CD | .30 |
| 18 Month- Add On CD*** | .35 |
| 30 Month CD | .50 |
| 36 Month CD | .55 |
| 48 Month CD | .80 |
| 60 Month CD | 1.00 |
Make the Switch Today!
The switch kit includes:
