Business Banking Money Market 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. 

Business Money Market

Features and Benefits:

  • Convenient access to your funds at the branch, ATM, or Online Banking, or by writing a check.
  • Money market accounts are limited to six third party transfers per statement period (telephone, internet, check, draft, POS, or similar order are limited to 6 per statement cycle).
  • There is a $15.00 fee for excessive electronic or third party transfers
  • Unlimited in person withdrawals
  • Monthly Statement
  • Interest is compounded daily and credited monthly
  • Minimum of $100.00 to open
  • Minimum of $100.00 to earn the Annual Percentage Yield
  • Must maintain a minimum balance of $1,000 to avoid a $15.00 service fee
  • Interest is tiered with higher balances earning higher rates
  • Fees may reduce earnings

Business Advantage Money Market

Features and Benefits:

  • Convenient access to your funds at the branch, ATM, or Online Banking, or by writing a check.
  • Money market accounts are limited to six third party transfers per statement period (telephone, internet, check, draft, POS, or similar order are limited to 6 per statement cycle).
  • There is a $15.00 fee for excessive electronic or third party transfers
  • Unlimited in person withdrawals
  • Monthly Statement
  • Interest is compounded daily and credited monthly
  • Minimum of $100.00 to open
  • Minimum of $100.00 to earn the Annual Percentage Yield
  • Must maintain a minimum balance of $5,000 to avoid a $15.00 service fee
  • Interest is tiered with higher balances earning higher rates
  • Fees may reduce earnings
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