Limelight Bank Review 2022
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Limelight Bank offers only short-term CDs and is best for those who aren’t in need of any other types of bank accounts.
- Top CD Rates
Limelight Bank is the online division of Capital Community Bank. It offers competitive yields on CDs, but it doesn’t offer any other types of bank accounts.
Limelight Bank makes eco-friendly decisions and works with solar providers to advance its mission of preserving natural resources.
The bank has competitive yields on its CDs.
The $1,000 minimum deposit requirement for all CDs is reasonable and lower than some other banks.
Limelight Bank only offers CDs.
The bank doesn’t have its own app. It uses Capital Community Bank’s app.
Limelight Bank only has telephone customer service hours during the week.
Limelight Bank bank products
Limelight Bank CD overview
All of Limelight’s CDs require at least $1,000 to open. There is an early withdrawal penalty equal to 90 days of interest on the amount withdrawn from the six-month, one-year and 18-month CDs. The 18-month CD penalty equals 180 days of interest on the amount you withdraw.
The bank doesn’t offer any specialty CDs, such as bump-up or no-penalty CDs.
Limelight Bank offers competitive yields on its CDs, with higher rates for longer terms.
The $1,000 minimum to open is a reasonable amount compared with some other banks.
Those looking for a long-term CD will need to look elsewhere.
The bank doesn’t offer any specialty CDs.
It is based in Utah but is available to customers nationwide.
Customer service representatives are available by phone 24 hours on weekdays. The bank’s website features a form to ask questions, but there is no live-chat option. Limelight Bank customers can use the Capital Community Bank app.
Limelight Bank has no proprietary ATMs, nor is it part of an ATM network such as Allpoint or MoneyPass.
About Limelight Bank
Limelight Bank is an online-only bank based in Utah but available to customers nationwide. The bank is known for linking its business to eco-friendly causes. Customer deposits help the bank fund solar initiatives.
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