Business Check Card

The Carroll Community MasterCard Check Card® gives you the convenience of a business credit card without the finance charges and monthly bills. Unlike a credit card, payments for purchases are automatically deducted from your primary business checking account, so it’s a safe and easy way to access funds you need without a lot of cash in your wallet.

Features:

  • Automatically deducts funds from your business checking account – no need to write a check or wait for check approvals.
  • No monthly payments or finance charges (unless you utilize an overdraft line of credit).
  • No need to carry extra cash or keep a lot of petty cash on hand with millions of acceptance locations and ATMs worldwide.
  • Get authorization for immediate shipment of any mail, phone, or internet orders.
  • Set variable daily limits on purchases and cash withdrawals to protect account from fraud.
  • Request extra cards for your employees with preset spending limits.
  • Get a receipt with every purchase to better track spending.
  • Set spending controls for employees
  • Reduces the need to use personal funds for business purchases.
  • Receive detailed monthly bank statements for easy account reconciliation, expense reporting, and identification of tax deductions.
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 .80

12 Month CD

Special 12 Month CD-$1,000.00 Minimum Deposit-New Money Only

1.00

2.05

15 Month CD 1.26
18 Month- Add On CD*** 1.35
24 Month Penalty Free CD 1.50
30 Month CD 1.60
36 Month CD 1.70
48 Month CD 1.90
60 Month CD 2.50