Accordia Bank, formerly CCBank, is leveraging a new brand identity to promote competitive high-yield savings and CD products, though its top-tier interest rates remain geographically restricted to Utah residents.
The article reviews Accordia Bank's deposit products and rates, noting competitive APYs but also limitations like the top rate being restricted to Utah residents and modest app ratings.
Utah-based Accordia Bank, formerly CCBank, has launched a rebranding initiative while maintaining its FDIC-insured community banking operations. The institution now offers a high-yield savings account reaching up to 5% APY for local residents, alongside a 4% APY rate for national customers, positioning itself as a competitive player in the digital deposit space.
Yes, Accordia Bank is a regulated U.S. community bank based in Utah, formerly known as CCBank, and is FDIC-insured up to federal limits.
While all customers can access a 4% APY, the promotional 5% APY rate is currently restricted to Utah residents through January 31, 2027.