Steady growth helps you reach your goals
How much will your Limelight Bank CD be worth at maturity? This calculator helps you find out quickly. Enter information about your initial deposit, term and interest rate, and you’ll see your ending balance. You also can run detailed schedules of your CD’s balance and interest earned over time.
Definitions
Initial deposit
The starting balance of your CD.
Months
The term of the CD, expressed in months.
Interest rate
The published interest rate for this CD. Make sure to enter the actual interest rate, not the annual percentage yield (APY). It is important to remember that these scenarios are hypothetical and that future interest rates can’t be predicted with certainty.
Compounding
The interest earned on your CD is added to your CD balance at regular intervals. This is called “compounding.” This calculator allows you to choose the frequency that your CD’s interest income is compounded. The more frequently this occurs, the sooner your accumulated interest income will generate additional interest. You may wish to check with your financial institution or account opening documents to find out how often interest is being compounded on your CD.
Annual percentage yield (APY)
This is the effective annual interest rate earned for this CD. A CD’s APY depends on the frequency of compounding and the interest rate. Since APY measures your actual interest earned per year, you can use it to compare CDs that have different interest rates and compounding frequencies.
When it comes to comparing online banks’ CD rates, put the spotlight on Limelight Bank. Our savings rates are structured to strengthen your savings foundation while contributing to global environmental awareness.
| PRODUCT | RATE | TERMS |
|---|---|---|
| 6-Month CD | 3.50% APY* | $1,000 minimum deposit required |
| 12-Month CD | 5.50% APY* | $1,000 minimum deposit required |
| 18-Month CD | 5.35% APY* | $1,000 minimum deposit required |
| 36-Month CD | 4.00% APY* | $1,000 minimum deposit required |
Limelight Bank is the online division of Capital Community Bank, an FDIC-insured financial institution founded in 1993 and based in Utah. Learn more about Limelight Bank.
Yes, Limelight Bank is FDIC-insured.
Please note: Limelight Bank is a division of Capital Community Bank. Deposits held under each bank name are not separately insured, but are combined to determine your FDIC-insured limit.
The bank’s routing number is 124302927.
The bank’s mailing address is:
Limelight Bank
PO Box 317
Pleasant Grove, UT 84062
Electronic Funds Transfer
Electronic Funds Transfer (EFT) is the easiest and most convenient way to fund your account. Our application process will take you through this option step-by-step. Funds may take 2-3 business days to be deposited to your account.
Wire Transfer
To wire money to your Limelight Bank account, please use the following information.
Bank Name: Limelight Bank
PO Box 317
Pleasant Grove, UT 84062
1-800-639-6015
Routing/Transit #: 124302927
Your Limelight Bank Account Number
Check
To fund your account by check, please mail your check to:
Limelight Bank
PO Box 317
Pleasant Grove, UT 84062
Yes. Limelight Bank utilizes its parent company’s app to allow you to view your accounts on the go. Read more about mobile banking. Use your Limelight Bank online username and password to sign on to the app.
No. Currently, Limelight Bank only opens CD accounts in the name of individual consumers and cannot be opened in the name of a business, organization, or trust. You may however, list a trust as a beneficiary within the application.
*Annual Percentage Yield (APY). Fees could reduce earnings on the account. An early withdrawal penalty may apply.
