Business Banking Checking Products

When we're talking business banking, dealing with banks that are headquartered out of town often means settling for impersonal relationships. At Carroll Community Bank strive to be the best community bank in Carroll County. We have a wide array of business products to help make your business successful.

Sole Proprietor/Non Profit Checking:

Features and Benefits:

  • Convenient access to your funds at the branch, ATM, or Online Banking.
  • Monthly Statement
  • Minimum of $25.00 to open
  • No minimum balance requirement
  • No monthly service fee
  • First 150 items free, $0.20 per item in excess of 150 items
  • Free online banking
  • Minimum of $100.00 to earn Annual Percentage Yield
  • Interest is compounded daily and credited monthly
  • Fees may reduce earnings

Small Business Checking

 Features and Benefits: 

  • Convenient access to your funds at the branch, ATM, or Online Banking.
  • Monthly Statement
  • Minimum of $100.00 to open
  • No minimum balance requirements
  • No monthly service fee
  • First 150 items free, $0.25 per item in excess of 150 items
  • Free online banking

Business Checking

 Features and Benefits: 

  • Convenient access to your funds at the branch, ATM, or Online Banking.
  • Monthly Statement
  • Minimum of $100.00 to open
  • Must maintain a minimum balance of $1,000 to avoid a $10.00 monthly service fee
  • First 1000 items free, $0.25 per item in excess of 1000 items
  • Free online banking

Related Services: 

  • Free Debit Card
  • Overdraft Sweep Transfer Available
  • Overdraft Line of Credit

 Business Power Package (Dual Account Feature)

Features and Benefits:

Premium Power Package Checking:

  • Must open a Premium Power Package Sweep Account
  • Minimum of $5,000.00 to open
  • Maintain a $5,000.00 monthly balance in the account. If you fall below the required balance level the monthly service charge is $20.00
  • Unlimited refunds for ATM fees charged by Carroll Community Bank and other financial institutions
  • First set of Standard checks Free

Premium Power Package Sweep:

  • Must open a Premium Power Package Checking Account
  • Minimum of $25,000.00 to open
  • Maintain a $25,000 monthly balance in the account.  If you fall below the required balance level the monthly service charge is $20.00
  • Minimum of $25,000 to earn an Annual Percentage Yield
  •  Fees may reduce earnings
  • Interest is compounded daily and credited monthly
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