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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