Bank CD Rates at Capital Community Bank Utah

Capital Community Bank was founding in 1993.  The bank serves Utah county residents through four full-service offices in Orem, Provo, Salem, and Pleasant Grove.  The bank offers various saving and checking accounts as well as loan products including conventional business loans and small business loans.  The Bank also provides consumer loans, commercial and residential real estate loans.  With four offices located in Utah Valley, Capital Community Bank makes all its financial decisions quickly and locally.
 
Capital Community Bank has been FDIC insured since July 29, 1993.  The bank is chartered as a Federal Reserve Non-member, the primary regulator is the Federal Deposit Insurance Corporation (FDIC).  The banks assets were approximately $139,897,000 as of September 2008.  For the first nine months of 2008, the bank had net income of $485,000.  At the same period, the bank’s tier 1 risk-based capital ratio was 14.41%, total risk-based capital ratio was 15.66% and the percent of loans noncurrent total loans and leases was 4.73%.

Capital Community Bank has financed the construction of hundreds of homes in Utah Valley, helped hundreds of small businesses with their financing and depositing needs and provided low-cost deposit accounts and loans for thousands of local individuals

The bank has a variety of checking accounts including one with no monthly fees, no minimum balance and no limit on the number of checks written.  The bank’s NOW checking account earns interest on the entire balance and there’s no limit on the number of checks written.  This account requires a $1,000 minimum balance.  The money market account earns interest on the entire balance and there’s no limit on internal transfers.  Requires $1,000 minimum balance, there is a maximum of 6 third-party debits per month, 3 of which may be by check.  Capital Community Bank offers CD products with a minimum balance of $1,000.00 including the following CD rates and terms:

A one month CD rate is 1.51% APY.
A six month CD rate is 2.27% APY.
A twelve month CD rate is 2.63% APY.
A twenty-four month CD rate is 2.78% APY.
A thirty-six month CD rate is 3.03% APY.
And a sixty month CD rate is 3.55% APY.
 
Bank CD interest rates are subject to change.  Additional conditions may apply.  For current CD rates and account information contact the bank directly at 801-226-6699.  CD rates, account information and other disclosures can be found at the bank website, www.capitalcombank.com.

Tags: 12 month CD rates, 24 month CD rates, Banks, Capital Community Bank, CD rates, CD rates Utah, money market account, savings, six month CD rates, Utah bank

This entry was posted on Sunday, February 22nd, 2009 at 4:23 pm and is filed under Bank Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.