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 .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