Commercial Mortgages and Construction Loans

Whether it is to finance, purchase, or refinance business and investment properties, fund new construction, renovations or remodeling projects -Carroll Community Bank has the flexible terms to fit your needs.

Real Estate Loans

  • Available for amounts of $25,000 and up
  • Can be used to construct, purchase, or refinance an owner-occupied business property, or expand or remodel existing facilities
  • Provides a one-time lump sum for real estate purchases
  • For real estate construction, funds are disbursed throughout construction schedule
  • Fully amortizing and balloon payment options
  • Competitive, fixed or variable rate of interest
  • Secured by the owner-occupied real estate you are financing
  • Flexible repayment terms
  • 1st and 2nd mortgages available on owner occupied real estate up to maximum loan to value
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