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Limelight Bank Review 2024

Updated January 31, 2024
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At a glance

Rating: 2.4 stars out of 5
Bankrate Score
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Rating: 3.9 stars out of 5

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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
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Member FDIC
Savings Account
As of 2/23/2024
Rating: 4.9 stars out of 5
Min. balance for APY
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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.


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    The bank has competitive yields on its CDs.

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    The $1,000 minimum deposit requirement for all CDs is reasonable and lower than some other banks.

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    Limelight offers CDs throughout the U.S.

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    Customer deposits fund solar initiatives, according to the bank.


  • Limelight Bank only offers CDs.

  • The bank doesn’t have its own app. It uses Capital Community Bank’s app.

Limelight Bank banking products

Rating: 3.9 stars out of 5
Bankrate Score
Invest Rate
4.05% – 5.20% APY
$1,000 minimum deposit to open
6 months – 3 years

Limelight Bank CD overview

Limelight Bank offers CD terms of six months, one year, 18 months and three years. The terms give customers some flexibility to find a CD that matches their short-term saving needs.

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There is an early withdrawal penalty equal to 90 days of interest on the amount withdrawn from the six-month, one-year and 18-month CDs.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 36-month CD has an early-withdrawal penalty of 180 days of interest.

The bank doesn’t offer any specialty CDs, such as bump-up or no-penalty CDs.

Businesses and trusts aren’t able to open a CD at Limelight.


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    Limelight Bank offers competitive yields on its CDs.

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    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.

  • See how rates for this account have changed over time. Select the CD term length from the dropdown and interact with the trend lines to view APY by date.

    Limelight Bank
    National average APY
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Review methodology

With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank and credit union reviews is updated regularly. Our editorial team analyzes and reviews each institution across deposit products such as savings accounts, checking accounts, certificates of deposit (CDs) and money market accounts (MMAs). Banks are rated by important factors such as offered interest rates, fees, minimum balance requirements, access to funds and more.

We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.