High rate savings and CD accounts have fewer fees

Summary: Limelight Bank is the online-only division of Capital Community Bank (CC Bank), founded in 1993. Limelight is headquartered in Pleasant Grove, Utah. The bank offers several CDs and HYSAs, but no checking accounts are available at this time.

Limelight Bank product overview

High yield savings account (HYSA)

Limelight offers a high yield savings account currently earning 3.9% APY. That’s 10 times more than the national average for savings accounts.

To open a Limelight HYSA, you will need to make a minimum deposit of $100. You can only open an account online, so you’ll need to transfer funds from another bank, or send a check or wire to Limelight.

Limelight does not offer debit card, ATM access, or checks, so you should not open a Limelight HYSA unless you are comfortable making all your deposits and withdrawals online. It’s also worth noting that you can only make six transfers from your account in a four-week period.

Certificates of deposit (CDs)

Limelight offers four different CD options, all with competitive interest rates. Terms range from six to 36 months and require a minimum deposit of $1,000.

Limelight Bank Funds

Limelight does not charge multiple fees, although customers may incur fees for certain services.

Advantages and disadvantages of Limelight Bank

Good:

Disadvantages:

• There are no checking accounts: Limelight does not directly offer any test accounts. If you continue through the application process, you will be directed to apply for checking accounts with Limelight’s parent company, CC Bank.

• Limited access to accounts: HYSA account holders do not receive debit cards or checks, and customer reviews also mention difficulty logging into the bank’s applications. As a customer, this means you can end up frustrated with limited options for making money, withdrawing money, and monitoring your accounts.

Customer service and mobile banking experience

As a Limelight Bank customer, you may have trouble accessing customer support when you need it. Chat support is not available online. Additionally, Limelight does not post business hours for phone support. But if you call during normal business hours, your call will likely go to voicemail.

For other ways to contact the bank, you can try submitting the contact form on the website or send an email to customercare@limelightbank.com.

Limelight does not have its own apps, so to access your account with your smartphone you will have to use apps from Limelight’s parent company, CC Bank. Make sure you don’t confuse this with the CC Bank mobile app, which is the app of the Central Cooperative Bank based in Bulgaria.

In the Apple App Store, the CC Bank Utah app has 3.7 out of 5 stars and the Google Play Store shows 3.5 stars. Users of both apps report that, from time to time, the apps don’t work properly and there are login issues.

Limelight Bank address and phone number

The phone number for Limelight Bank is 800-639-6015. Limelight does not have physical banking locations, but you can send mail letters to the following address:

Limelight Bank
1909 W. State Street
Pleasant Grove, UT 84062

Limelight Bank FAQs

Is Limelight Bank FDIC-insured?

Yes, Limelight Bank is FDIC insured.

What is the routing number for Limelight Bank?

The routing number of Limelight Bank is 124302927.

Is Limelight Bank a legitimate bank?

Limelight Bank is a legitimate bank that offers FDIC insured deposit accounts, including HYSA and several CDs.

Where is Limelight Bank?

Limelight Bank is the online-only division of Capital Community Bank, and has no physical branches. Limelight is headquartered in Pleasant Grove, Utah.