Accordia Bank is a Utah-based community bank formerly known as CCBank (Capital Community Bank). The institution dates to 1993 and recently rebranded as Accordia Bank. However, the rebrand did not change its ownership, leadership, bank charter, or FDIC coverage. Accordia offers both personal and business banking. It operates physical bank branches in Utah, but some deposit products are available nationwide online.
Accordia Bank consumer product overview
Personal Checking
The checking account from Accordia Bank comes with no monthly fees. A minimum deposit of $25 is required to open an account; there is a $5,000 minimum balance required to earn interest, which is currently 0.2% APY.
High-yield savings account (HYSA)
Accordia offers a high-yield savings account that currently earns 4% APY for all customers outside of Utah. That’s more than 10 times higher than the national average rate for savings accounts. However, Utah residents have the opportunity to earn an even higher rate of 5% APY with the “Rebrand Boost” of 1% APY through January 31, 2027. A minimum opening deposit of $100 is required.
Money Market Account
Accordia’s money market account requires a $1,000 minimum opening deposit and uses a tiered APY structure, meaning larger balances earn higher rates. The account also allows customers to move funds by check or digital transfer and manage the account through 24/7 digital banking.
Health Savings Account (HSA)
Accordia’s HSA is a health savings account designed to help eligible customers save and pay for qualified healthcare expenses with tax advantages. There is no monthly HSA administration fee, and the account comes with a debit card plus mobile and web access for managing the account. Once the HSA balance reaches $1,000, account holders have the ability to invest their funds.
Certificates of deposit (CDs)
Accordia offers CDs with terms ranging from six months to 60 months, all with competitive interest rates up to 4.3% APY. A minimum deposit of $1,000 is required to open an account.
Loans:
Accordia Bank offers several types of consumer financing:
- Term loans: Fixed-rate personal loans are available for uses such as debt consolidation, home repairs, and major purchases.
- Auto loans: Financing for new and used vehicles, with a $5,000 minimum loan amount.
- HELOCs: Home equity lines of credit are available for renovations, large purchases, education expenses, unexpected costs, and debt consolidation.
- Mortgages: Accordia’s mortgage division offers conventional, FHA, VA, construction, and specialized professional mortgages, as well as refinancing options. It also offers residential construction loans.
Accordia Bank pros and cons
Pros:
- Competitive deposit account rates: Accordia Bank’s HYSA and CD rates are amongst the highest available on the market today.
- Low minimum deposits: You don’t need thousands of dollars to open an account at Accordia Bank; the highest minimum required is $1,000 for CDs.
Cons:
- Highest HYSA rate only available to Utah residents: Customers who live outside of Utah aren’t able to take advantage of Accordia’s limited-time rate boost. However, the base rate for its HYSA is still a highly competitive 4% APY.
Customer service and mobile banking experience
Accordia Bank offers several ways to get help, including phone, email, online chat, a contact form, and in-person service at its Utah branches. Customer care representatives are available Monday through Friday from 9 a.m. to 5 p.m. Mountain Time.
Accordia offers a full-service mobile app for iOS and Android. Customers can view balances and transactions, deposit checks, transfer money, pay bills and loans, view eStatements, manage debit cards, set account alerts, and update personal information. However, the app’s ratings are fairly modest. It currently has 3.7 out of 5 stars from 45 ratings in Apple’s App Store and 3.8 stars from 17 reviews on Google Play.
Accordia Bank address and phone number
The phone number for Limelight Bank is 801-772-0800.
It’s main branch is located at the following address:
Accordia Bank
1909 W. State Street
Pleasant Grove, UT 84062
No. Accordia Bank was formerly known as CCBank (Capital Community Bank). The rebranding did not alter the bank’s ownership, management, state charter, or FDIC insurance status. Your deposits remain federally insured up to $250,000 per depositor, per ownership category.
Yes. Accordia Bank offers deposit accounts nationwide online. Non-Utah residents receive a competitive base rate of 4.0% APY on their High-Yield Savings Account (HYSA). Utah residents receive an additional 1.0% “Rebrand Boost,” earning 5.0% APY through January 31, 2027.
Accordia Bank features low opening minimums across its consumer accounts:
Personal Checking: $25 minimum opening deposit ($5,000 required to earn 0.2% APY)
High-Yield Savings (HYSA): $100 minimum opening deposit
Money Market Account: $1,000 minimum opening deposit
Certificates of Deposit (CDs): $1,000 minimum opening deposit
Accordia Bank provides a range of credit products:
Fixed-rate Term Loans: Ideal for debt consolidation, major purchases, or home repairs.
Auto Loans: Financing for new and used vehicles starting at a minimum loan amount of $5,000.
HELOCs: Home equity lines of credit for flexible borrowing against your home’s value.
Mortgages & Construction: Conventional, FHA, VA, professional mortgages, refinancing, and residential construction financing.
You can manage your accounts 24/7 through the Accordia Bank mobile app (available on iOS and Google Play) or online banking platform to transfer funds, pay bills, deposit checks, and monitor transactions.
Manoj Sharma is a Senior Writer on the banking team at Tax Assistant. He provides information on budgeting, bank accounts, the banking industry, and other related topics. Using original data and methodologies, he helps you identify the best financial institutions, accounts, and products tailored to your needs. Manoj holds a degree in Journalism and Political Science from Syracuse University. All articles are strictly reviewed and fact-checked by our panel of expert Chartered Accountants, including CA Devendra Saini, CA Nikhil Khunteta, and CA Ankit Goyal
