Business Checking Accounts (1)

Terrabank’s goal is to help your business reach success in today’s competitive market. Every step your business takes we will help you accomplish your financial goals with our variety of banking solutions tailored to your business.

We will partner you with one of our business banking professionals who will position you toward achieving your current and long-term goals through responsive, knowledgeable and personalized attention. 

Terrabank is with you every step of the way.

Economy Business Checking

A business account with all the essentials and none of the hassle.

Features:

  • Unlimited check writing
  • First 300 transactions are free
  • Access to funds thru checks, Visa® Debit Card and Wire Transfers
  • Online Banking and Bill Pay
  • Cash Management Services
  • Mobile Deposit
  • Overdraft Protection (3)
  • eStatements

Refer to our Deposit Account Information Brochure for Terms and fees

Business Checking (Commercial Analysis)

For businesses with a high number of monthly transactions. This is the best option to earn credit and offset account fees.

Features:

  • Earns credit used to offset maintenance and transaction fees
  • Unlimited check writing
  • Access to funds thru checks, Visa® Debit Card and Wire Transfers
  • Online Banking and Bill Pay
  • Cash Management Services
  • Mobile Deposit
  • Overdraft Protection (3)
  • eStatements

Refer to our Deposit Account Information Brochure for Terms and fees

Business Interest Checking

This business account has all the essentials and more.

Features:

  • Tiered Interest Rate (2)
  • Unlimited check writing
  • Access to funds thru checks, Visa® Debit Card and Wire Transfers
  • Online Banking and Bill Pay
  • Cash Management Services
  • Mobile Deposit
  • Overdraft Protection (3)
  • eStatements

Refer to our Deposit Account Information Brochure for Terms and fees

Interest on Trust Accounts (IOTA) Checking

Established by the Florida Supreme Court in 1981, the IOTA program creates millions of dollars in funding for legal aid each year. Under IOTA, all nominal or short-term funds of clients or third persons are pooled into an interest-bearing checking account benefiting the program.

Features:

  • Interest earned is sent automatically to the Florida Bar Association (2)
  • Unlimited check writing
  • Access to funds thru checks, and Wire Transfers
  • Online Banking and Bill Pay
  • Cash Management Services
  • Mobile Deposit
  • eStatements

Refer to our Deposit Account Information Brochure for Terms and fees

(1) For additional fees related to these accounts, including those imposed for covering overdrafts created by checks, in-person withdrawals, internal debits and transfers or other electronic means, please refer to our Schedule of Fees and Services. Business must be active and registered within the United States with a valid U.S. taxpayer identification number.

(2) At our discretion, we may change the interest rate and annual percentage yield (APY) on the account at any time. If you close your account before interest is credited, you will not receive the accrued interest. We use the average daily balance method to calculate interest on the account. This method applies a periodic rate to the average daily balance in the account for the period. Interest is compounded and credited monthly. Please contact us for current rates.

(3) Overdraft Protection is available through Savings, Money Market and Lines of Credit held at Terrabank. For information on overdraft fees and overdraft related interest charges, refer to our Schedule of Fees and Services.

* Other terms and conditions may apply. For more information, contact us at (305) 448-4898 or questions@terrabank.com