Terrabank offers savings plans designed in support of your growing business. As your business grows with affluence, we offer the ability to save and get the added advantage of earning interest with one of our accounts. Make saving for the future more gratifying.
Terrabank is with you every step of the way.
Build funds for future planned and unplanned expenses with our business savings account while taking advantage of competitive interest rates.
Terms & Fees:
Our Business Money Market account allows you to earn interest with competitive rates on your short-term investments. This account will not bind up your funds.
Terrabank offers business CDs with low opening balance and flexible term options designed for business owners with cash reserves that can be held for a specified length of time. Our business CDs offer competitive fixed interest rates.
(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) Early Penalties apply to Time Deposits.
* Other terms and conditions may apply. For more information, contact us at (305) 448-4898 or firstname.lastname@example.org
Hurricane Ian update:
We’re thinking about our Terrabank community and how it may be impacted by Hurricane Ian. We are committed to doing everything we can to ease your stress and support your financial well-being in this difficult time.
Due to the effects of the hurricane, all Terrabank Banking Centers will be closed on Wednesday, September 28. We plan to reopen on Thursday, September 29. Weather Permitting.
We’ll continue to serve you through our Online Banking at terrabank.com, the Terrabank apps, and 1-800-TERRABK. See our latest updates in our social media channels.
© Copyright 2021 Terrabank, N.A.
All Rights Reserved.
Your privacy is very important to us. We would like to advise you that Internet email is not secure. Please do not submit any information that you consider confidential. We recommend you do not include your social security or account number or other specific identifying information.
You are leaving TerraBank's Web site and linking to a third party site. Please be advised that you will then link to a Web site hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of TerraBank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. TerraBank assumes no liability for the content, information, security, policies or transactions provided by these other sites.