PRODUCT GUIDE BANTERRA BANK

Transcription

1 PRODUCT GUIDE BANTERRA BANK

2 WELCOME At Banterra, we understand that banking is about relationships. It s about understanding your goals, and being the financial partner you need to achieve those goals. We knew that in the beginning with a small bank in Ridgway, Illinois. We know that now with banks in four states and $1.6 billion in assets. We have the security and products you expect from big banks, with the local-style, personal service you want in a community bank. Whether you are a potential or current customer, or one of our valued shareholders, we appreciate the opportunity to serve you. We are committed to our communities, to you, and to our team members. Everett D. Knight Chairman MISSION Robert Jeff May President & CEO Strong regional community bank providing financial services that deliver long-term value for customers, employees, and shareholders. TABLE OF CONTENTS Personal Banking Services Personal Checking Restart Banking Personal Card Services Personal Savings Money Market Health Savings Account CDs & IRAs Investments Digital Banking Bill Pay Automatic Transfers Mortgage & Equity Personal Loans Banterra Loan Pay Valued Personal Services Overdraft Services Safe Deposit Boxes Foreign Currency Security & Fraud Protection Wire Transfers...15 Insurance...15 Business Banking Services Business Checking Business Card Services Business Savings Other Business Services Private Banking, Merchant Processing, checxchange, Workforce Banking - Business & Agricultural Lending Specialty Lending Aircraft, Corporate Banking, Machine Tool, RV & Marine, Transportation - Treasury Management Community Service Branch & ATM Locations PERSONAL CHECKING COMPARISON BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com

3 PERSONAL CHECKING COMPARISON (inside flap) PERSONAL BANKING Banterra offers a range of Personal Banking products to best serve the needs of our customers. From competitive checking and savings products, to mortgages, home equity and personal loans, Banterra is a smart financial partner for your banking needs. Stop by any Banterra location to learn more. PERSONAL CHECKING Banterra knows you need important benefits with your checking accounts and that everyone s needs are different. Each checking account has exceptional offerings: Free Digital Banking including online and mobile, with easy-to-use apps for smart phones and ipads Free Online Statements 1 and Bill Pay Free Mobile Check Deposit Free Banterra Visa Debit Card Free Direct Deposit and Unlimited Check Writing Choose from the following checking accounts: Banterra SmartChoice - Banterra SmartChoice gives you a wealth of benefits including IDProtect - identity theft monitoring and resolution service 2 and cellular telephone protection. Banterra InterestPlus - Banterra InterestPlus allows you to earn on money in your checking account while saving on items like ATM fees, cashier s checks and money orders. Banterra Green - Banterra Green offers you the essentials while encouraging a green environment through paperless practices. RESTART BANKING At Banterra, we understand that life happens, and due to past challenges, your request to open an account may have been turned down by other banks and financial institutions. Don t give up, because we have two accounts that may allow you to get your financial relationship back up and running. Banterra Restart Checking and Banterra Restart Basic have a wealth of benefits available at a minimum monthly fee. Banterra Restart Checking includes unlimited check writing (not included with Banterra Restart Basic) and both accounts include: Free Digital Banking including online and mobile plus free Online Statements*; Bill Pay not available Free Direct Deposit Free Mobile Banking; Mobile Check Deposit not available Free Visa Debit Card $750 merchandise limit and $00 cash limit per day Unlimited ATM Transactions (Free at Banterra ATMs) PERSONAL SAVINGS COMPARISON See Personal Checking Comparison for details. Requirements: 1 Additional $1 monthly fee for requested paper statements if you elect to use Digital Banking. 2 IDProtect service is a personal identity theft protection service available to personal checking account owner(s), their joint account owners and their eligible family members. Service is not available to a signer on the account who is not an account owner. Family includes: Spouse, persons qualifying as domestic partner, and children under 25 years of age and parent(s) of the account holder who are residents of the same household. Special Program Notes: The descriptions herein are summaries only and do not include all terms, conditions and exclusions of the Benefits described. Please refer to the actual Guide to Benefit and/or insurance documents for complete details of coverage and exclusions. Coverage is offered through the company named in the Guide to Benefit or on the certificate of insurance. $50 Opening Balance ; no minimum balance thereafter Monthly Service Charge of $9.95* (Save $ per month with direct deposit) Maintaining a Restart account in good standing will allow you to transition into another checking product with time. * Additional $1 fee for requested paper statements if you elect to use Digital Banking BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 5

4 Personal Checking Comparison SmartChoice InterestPlus Green Restart Banking This Account: Has great benefits including identity theft protection and cell phone protection Allows you to earn on money in your checking account Offers the essentials while encouraging a green environment through paperless practices Provides an option if you ve previously not been eligible for a checking account IDProtect Cellular Phone Protection Interest Bearing Free Visa Debit Card - $750 merchandise limit and $00 cash limit per day Free Online Bill Pay Free Online Statements Free Digital Banking including online and mobile with easy-to-use ipad and SmartPhone Apps - Mobile Check Deposit not available Free Foreign ATM Transactions No Banterra fee on up to eight (8) non-banterra ATM transactions per statement cycle; Other financial institution fees may apply Free Personalized Checks 50% off first box of checks First box of standard checks free; 50% off future orders Additional Benefits & Considerations Additional $1 monthly fee for online banking customers who request paper statements in addition to free online statements Free paper statements, free cashier s checks and money orders, $200 discount on Banterra mortgage closing costs, 50% discount on safe deposit box and personal storage lockers Additional $1 monthly fee for online banking customers who request paper statements in addition to free online statements Banterra Restart Checking includes unlimited check writing; not included with Banterra Restart Basic. Additional $1 monthly fee for online banking customers who request paper statements in addition to free online statements Minimum Opening Balance $100 $1,000 $100 $50 Minimum Balance $2,500 minimum balance in the account each day to earn Monthly Fee $5 $15 $5 $9.95 (Save $ per month with direct deposit) Can Monthly Fee Be Avoided? No Yes Yes No How Can Monthly Fee Be Avoided? N/A $5,000 minimum daily balance is maintained in this account or $20,000 combined average balance in this account, identified checking, savings & money markets, or minimum balance in certificate of deposit (CD). The CD minimum balance equals the current balance at the beginning of each statement period. Option 1 - $500 daily balance is maintained in this account Option 2 - A combined average balance of $2,500 is maintained with checking, savings, money market, or minimum daily balance in CDs and/or IRAs Option - Two (2) direct deposits are made per statement cycle Option 4 - Eight (8) Banterra VISA Debit Card purchases are made per cycle Option 5 - Account holder is military (with proof of military status) Option 6 - Account holder is a student (age 24 or younger with proof of student status) Option 7 - Primary or secondary account holder is age 60 or over N/A

5 PERSONAL CARD SERVICES Banterra offers the convenience of American Express, Visa Debit and Credit Cards, all with great features. Banterra Visa Debit Card Pay for purchases directly from your checking account or get cash using an ATM, with a Banterra Visa Debit Card. Card@Once Card@Once machines allow your debit card to be issued on the spot and are available at several Banterra locations. Banterra American Express and Visa Credit Cards 1 Through Elan Financial Services, Banterra offers Visa and American Express Credit Cards that offer competitive rates, bonus reward points and other benefits. Visa Signature Elite Credit Card and Premier American Express Card Also offered through Elan Financial Services, affluent cardholders can choose from two uniquely rewarding cards offering relationship management, card member service, travel & lifestyle benefits, concierge services, valuable redemption options, fraud service and more. Banterra cards can be linked to the following conveniences: Visa Checkout With this digital payment service, just add your debit or credit card info one time, then click on the Visa Checkout button whenever you shop online. Enroll today on Banterra.com. Verified By Visa Verified by Visa is a service offering secure internet shopping, using your Banterra Visa Debit Card. Verified by Visa lets you add a personal password to your existing card, getting added security and the reassurance that only you can use your card online. Digital Wallet Experience more ways to pay with the convenience and security 2 of a digital wallet. Simply load your Banterra Visa Debit Card or other eligible cards, then shop in store, in app or online for easy payments at a touch of a button. Simply download the app from your play store to get started. 1 The creditor and issuer of these cards is Elan Financial Services, pursuant to separate licenses from Visa U.S.A. Inc. and American Express. American Express is a federally registered service mark of American Express. 2 Mastercard, Visa and American Express will process transactions similar to how they process your physical card transactions today except most merchants won t have access to your actual card number; they will receive the unique virtual card number associated with your credit or debit card. Mastercard must provide your actual card number to certain transit merchants (e.g., subway systems) in order to process real-time decisions. Your Banterra Visa Debit Card, Banterra Visa Credit Card, Banterra American Express Credit Card are eligible cards for Apple Pay, Android Pay and Samsung Pay. Other debit and credit cards may also be eligible. Visa and Visa Signature are registered trademarks of Visa International Service Association, and are used by the issuer pursuant to license from Visa U.S.A. Inc. The American Express name and logo are trademarks and intellectual property of the American Express. PERSONAL SAVINGS It s always a good time to start saving for tomorrow! Banterra offers a variety of savings accounts to meet your growing needs. Tomorrow s dreams begin with today s financial choices, and we have a savings product to help you reach them. Banterra s Personal Savings options include: Preferred Savings Smart Kids Savings (age 21 and under) Money Market Preferred Money Market Health Savings Account CDs & IRAs See Personal Savings Comparison (page six, inside panel) as well as CD Comparison (page eight, inside panel) for detailed information regarding these products. Money Market Our Money Market Accounts are great accounts for those individuals that want to earn a higher rate but must maintain the liquidity of their funds. Banterra offers two options for customers: Money Market - $2,500 minimum to open Preferred Money Market - $10,000 minimum to open - Features a premium rate See Personal Savings Comparison (page six, inside panel) for detailed information regarding these products. Health Savings Account A Health Savings Account (HSA) is an account that allows you to save for future medical expenses. Benefits of Banterra s HSA No annual fee Competitive rates Easy payment options for medical expenses: - Free Banterra Visa HSA Debit Card - Checks for payment with no per-check fee - Set up payees utilizing free Bill Pay Free Digital Banking Free ATM usage at Banterra ATM locations BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 7

6 Personal Savings Comparison Preferred Savings Smart Kids Savings (age 21 and under) Money Market Preferred Money Market CDs & IRAs Health Savings Account Who Would Benefit From This Account Great for earning on higher balance accounts that may occasionally have a lower balance A great account to get started saving at an early age The right account if balances are between $2,500 and $10,000 Perfect for a $10,000 minimum balance account while earning more as the balance grows A great way to have options for rates and terms on your money The right account to pair with a high-deductible health plan in order to save and conveniently pay medical expenses Interest Bearing Tiered Yes Yes Tiered Yes Yes Minimum Opening Balance And Balance Required To Earn Interest $100 $10 $2,500 $10,000 Varies based on product selected $100 Service Charge $2 per statement cycle if balance falls below $100 if a minimum daily balance of $1,500 is maintained or a minimum average balance of $2,500; otherwise $8.50 per statement cycle if a $10,000 minimum daily balance is maintained in combination of identified Preferred Money Market, NOW, Savings, Money Market Deposit Account, Certificate of Deposit or Home Equity Line of Credit accounts; otherwise $10 fee per statement cycle Penalties assessed for early withdrawal Per Item Charge $2 per item for withdrawals in excess of four per cycle $1 per item for withdrawals in excess of three per cycle Additional Information Withdrawal limitations apply Automatically converts to Preferred Savings at age 22 Withdrawal limitations apply Withdrawal limitations apply A variety of terms are available Contact any branch for additional information and qualifications

7 CDs COMPARISON (inside flap) Norman & Peggy Barnes Proud Banterra Customers CDs & IRAs Plan for the future by setting aside money in Certificates of Deposit (CDs) or an Individual Retirement Account (IRA). CDs are a safe and secure investment insured by the FDIC up to $250,000 per depositor, and allow you to lock in an rate for higher returns on your money. Banterra offers a variety of CD options to best suit your needs: 0 days up to and including 90 days Greater than 90 days but less than 1 year 1 year to less than 24 months 24 months to less than 48 months 48 months and longer Flex 7-11 months Freedom CD 15 months Bump Up CD 4 months CDARS (Certificate of Deposit Account Registry Service) See CD Comparison (fold-out on this panel) for details regarding these CD products. IRAs allow you to build a substantial retirement fund or save for other future investments. Individuals may be allowed a tax deduction for their contributions as well (consult your tax advisor). IRA terms range from 12, 14, 18, 24, 6 and 48 month options. Banterra offers a variety of IRAs: Traditional Roth Educational Visit a local Banterra and a representative can assist you with a CD or IRA that is best suited for your financial needs. BANTERRA INSURANCE AND INVESTMENTS Investment * & Financial Planning Every investor has special needs and goals, whether it s preparing for college, planning for retirement, or purchasing a vacation home. A Banterra Insurance and Investments professional can help you create an investment strategy to work toward your goals within a set timeframe and budget. Banterra Insurance and Investments offers full-service investment counseling, with a full range of investment opportunities including: Mutual Funds* IRA & Retirement* Stocks & Bonds* Mutual Funds Mutual funds include a variety of securities and are managed by investment specialists to help you with your financial portfolio goals. Funds are operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a slated set of objectives. Generally, shareholders are free to sell their shares at any time. However, share prices do change daily, depending upon the performance of the securities held by the fund. There are several types of mutual funds and you can diversify your investments easily and you can rely on professional money management. Investing in mutual funds involves risk, including possible loss of principal. Speak to a Banterra Insurance and Investments professional to learn more. (Available in: IL, IN, and KY) IRA & Retirement An Individual Retirement Account (IRA) allows you to save money for retirement in a tax-advantaged way. The three main types of IRAs include: Traditional IRA, Roth IRA and Rollover IRA. Stock & Bonds When you purchase stocks, you become a part-owner into a company. The value of the stock you purchase will depend on the earnings of the company in which you are purchasing stock. If profits are high, your stock may go up; if profits are low or loss is experienced, your stock may go down. In general, the higher the potential return is, the higher the risk of loss is as well. Stock investing involves risk including loss of principal. *Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. Banterra Bank and Banterra Insurance and Investments are not registered broker/dealers and are not affiliated with LPL Financial. Not FDIC insured, not bank guaranteed, may lose value. Not insured by any federal government agency, not a bank deposit BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 9

8 Certificates of Deposit (CDs) Comparison 0 Days Up To And Including 90 Days Greater Than 90 Days But Less Than 1 Year 1 Year To Less Than 24 Months 24 Months To Less Than 48 Months 48 Months And Longer Flex 7-11 Months Freedom CD 15 Months Bump Up CD 48 Months CDARS (Certificate of Deposit Account Registry) Who Can Open This CD Personal or Business Personal or Business Personal or Business Personal or Business Personal or Business Personal or Business Personal or Business Personal or Business Personal or Business Minimum Deposit Interest Ability to make additional deposits $1,000 Interest credited or transferred at maturity Not available $1,000 Interest credited or compounded quarterly, semi-annually; transferred monthly, quarterly, semi-annually, or at maturity Not available $1,000 Interest credited or compounded quarterly, semi-annually or annually; transferred monthly, quarterly, semi-annually, or annually $1,000 $1,000 Interest credited or compounded quarterly, semi-annually or annually; transferred monthly, quarterly, semi-annually, or annually Interest credited or compounded quarterly, semi-annually or annually; transferred monthly, quarterly, semi-annually, or annually Not available Not available Not available $5,000 $25,000 $10,000 Interest credited or compounded monthly; transferred at maturity Can make additional minimum deposits of $500 up to 0 days prior to maturity Interest credited or compounded quarterly, semi-annually or annually; transferred monthly, quarterly, semi-annually, or annually Can make additional minimum deposits of $1,000 up to 0 days prior to maturity Interest credited or compounded quarterly, semi-annually or annually; transferred monthly, quarterly, semi-annually, or annually Not available The right CD for you if you want a single statement yet have large deposits needing FDIC coverage through multiple banks. See your local branch for details on CDARS rates and terms Additional Benefit Can make one penalty free withdrawal during term (balance cannot fall below $10,000) One time during the term of the CD, you can request that the rate be bumped up to whatever the current stated rate for that product is Early Withdrawal Penalty 0 day penalty Three () month s penalty Six (6) month s penalty Nine (9) month s penalty 12 month s penalty One month s penalty Three month s penalty (if non-qualifying for the penalty free withdrawal) Six month s penalty

9 Doctors Satyadeep and Neisha Bhattacharya Proud Banterra Customers DIGITAL BANKING We know that our customers have hectic schedules and any way we can offer convenience to them, we strive to do so. With Banterra s Digital Banking products, banking is available 24 hours a day, seven days a week. Banterra s Digital Banking is all one platform, so whether you enroll on a desktop computer or using your mobile device, you are automatically enrolled for both. Digital Banking benefits include: View summary of accounts and balances See account activity and transaction history Move money between Banterra accounts Bill Pay Online Statements View and print check images Various options for alert notifications via Download statement activity to Quicken or QuickBooks Mark debit cards on/off if they are lost or stolen Submit forms and travel notifications Find Banterra locations and ATMs Additional features available using Banterra s Mobile App: Mobile Check Deposit Utilize easy logins - Auto, PIN or TouchID Go to Banterra.com to register for Digital Banking or download our Mobile & ipad App. Downloading Banterra s Mobile App is easy! - Go to Banterra.com - Go to App Store or Google Play Store on your mobile device and search Banterra BILL PAY Receive and pay bills conveniently and securely using Banterra s Digital Banking. Bill Pay is free and available using a desktop computer, tablet or Banterra s Mobile App. Manage and pay bills all from one location Add payees Schedule a single or an automatic recurring payment for each payee View pending payment or cancel payment AUTOMATIC TRANSFERS Using Digital Banking, customers can set up one time, specific date, or recurring transfers (with begin and end date). One time set up with the convenience to stop or change transfers at anytime Flexibility to set up recurring and future dated transfers and transfer frequency Control to manage how long transfers are made Get notices when transfers are completed - Online Transfer Alerts BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 11

10 MORTGAGE & EQUITY Banterra takes pride in offering exceptional home mortgage services to people in our communities. We also offer home-equity loans, which are perfect for home renovations or needed additional funds. The convenience of our Mortgage Web Center on Banterra.com offers online applications, pre-qualification review, daily rates, payment calculators and lender information. With Banterra s mortgage services, you can count on: Expertise in FHA, VA & Rural Development Competitive rates Exceptional service Quick turn-around Loans to best fit your particular needs Mortgage Loans Buying a home is an important financial decision and we want to make that process as worry free as possible. You can apply online at Banterra.com or stop by any branch to visit with one of our mortgage consultants. Banterra offers the following mortgage loans: Fixed-Rate Loans Adjustable-Rate Loans (ARM) FHA & VA Loans Rural Housing Loans Home Possible Loans Jumbo Mortgage Loans Construction Loans Refinance Loans Purchase/Home Improvement Loans Banterra Doctor Loan Fixed-Rate Loans Your rate and monthly principal and (P&I) payments remain the same for the life of your loan. Adjustable-Rate Loans Your rate and monthly principal and (P&I) payments remain the same for an initial period of five, seven or ten years, then adjust annually. Federal Housing Adminsitration (FHA) & Department of Veterans Affairs (VA) Loans FHA Loans allow for low down payment options and a variety of loan terms. VA Loans are available for eligible service members with no down-payment options available. Rural Housing Loans Banterra partners with USDA Rural Development to extend 100% financing opportunities to eligible individuals and families for the purchase of a primary residence. Home Possible Loans Loans are specifically for first-time buyers and low-to-moderate income borrowers. Benefits include low down payment, reduced mortgage insurance coverage levels, flexible closing cost and down payment options and no cash-out refinancing. Jumbo Mortgage Loans Can be used for primary residences or secondary homes, these loans are for amounts in excess of $45,100. Speak to a Banterra Mortgage Consultant to learn more. Construction Loans Loans for buying a newly-built home in a development or building a custom home from the ground up. Refinance Loans Refinancing your home mortgage can be a great moneysaving opportunity including lowering your rate and monthly payments plus building home equity faster. Purchase/Home Improvement Loans Loans for permanent renovations or repairs that add value to your real estate. Banterra Doctor Loan Becoming a doctor or dentist often comes with large medical school expenses to pay. The Banterra Doctor Loan offers low down payments and other benefits to help with this situation. Home Equity Whether you want to finance home improvements, tuition, new car, vacation or simply consolidate debts, the equity in your home can provide you with lending options. Home Equity Line of Credit (HELOC) Withdrawal funds from your line of credit as needed and enjoy easy access to those funds with a Banterra VISA HELOC Credit Card. Home Equity Loans This loan is for those with a one-time borrowing need, a fixed rate and monthly payments for a certain amount of time. PERSONAL LOANS Banterra also offers personal loans not related to your home equity. Let us help make your dreams come true. No matter what your needs are, we can help. BANTERRA LOAN PAYMENTS Simplify your routine using one of Banterra s easy loan payment options including Banterra s Digital Banking, our online loan payment system or automated transfer to send a secure loan payment at your convenience. Visit Banterra.com to get started and make your loan payment BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 1

11 VALUED PERSONAL SERVICES Overdraft Services When managing your checking account, mistakes can happen, and sometimes checks and other types of payment can be denied or returned due to non-sufficient funds. We know that this can be embarrassing as well as costly due to a non-sufficient funds (NSF) fees(s) that will be charged. In addition to Digital Banking which allows you to closely monitor your accounts, we also provide these overdraft service options to help you with these situations: Overdraft Protection With Overdraft Protection, you can avoid being overdrawn in your checking account by allowing automatic transfers from your designated accounts. Overdraft Protection can be set up for your personal or business account. Designated transfer accounts can be: - Checking accounts - Money Market accounts* - Savings accounts* - Home Equity Line Of Credit A small, one-time set-up fee of $4.50 is required to sign up for Overdraft Protection. This fee is automatically charged to the protected checking account.** Debit Card Overdraft Service With this optional method, the bank may approve (at our discretion) ATM and debit card transactions in the event you do not have enough funds to cover the transaction. There is no fee for signing up for this service. If your account is negative, a standard overdraft fee of $5 per item may be charged if a covering deposit or transfer is not made prior to the transaction posting. Without this service, your ATM and debit card transactions will be declined at the time of transaction if there are not sufficient funds in your account. You will not be charged an overdraft fee if these transactions cause an overdraft. Stop by your local Banterra to enroll in one of these services or go to Banterra.com. If you are currently a digital banking customer, you can fill out an online form to enroll. *Savings and Money Market accounts are limited to six (6) withdrawals per month or statement cycle. If this has been reached, no transfer will occur to cover overdrafts. Smart Kids Savings or any other minor savings account cannot be used to fund Overdraft Protection. **With Overdraft Protection, a $10 transfer fee per day (regardless of transaction number) is charged to your account. This transfer fee will be waived if the overdraft amount is $5 or less or if the amount needed to maintain the target balance is $5 or less. The customer signing up for Overdraft Protection must be the owner on all funding accounts and the protected checking account. Consumer accounts can only be funded by consumer accounts; business accounts can only be funded by business accounts. Some reasons why funds will not be transferred include these events: Not sufficient funds available in the funding account; account is pending closed status or is a debit post restricted account; loan is delinquent, at maturity, or bankruptcy. Safe Deposit Boxes Banterra offers safe deposit boxes at many of our branch locations, which allow customers to have a place to store and protect important documents and heirlooms, such as deeds, birth certificates, rare family photos, passports, etc. Visit a local branch to learn more. Foreign Currency We can help prepare you for your trip out of the country by providing foreign currency. Simply visit a local Banterra branch at least two weeks in advance to place an order. 1 Your currency will be shipped directly to your local Banterra branch for secure and convenient pickup. Security & Fraud Protection We vigilantly safeguard your financial information and protect the security and privacy of your accounts and personal information, both online and offline, while delivering a convenient and secure banking experience. We also provide products that help the customer monitor for fraud activity including debit card alerts, digital banking and IDProtect with SmartChoice Checking. To learn more about our security measures, identity theft, fraud protection or latest security alerts, visit Banterra.com. If you believe you are a victim of identity theft, contact Banterra s Fraud Department, toll free at 866-BANTERRA ( ) or visit your local Banterra. Wire Transfers Initiate fund transfers in a quick and secure manner. When you need to transfer funds fast, wire transfers offer the speed of same day settlement for domestic funds transfers and the security of direct, paperless transactions. INSURANCE Banterra offers a range of insurance 2 products, because in a world of uncertainties, it s important that our customers have this security. Our Licensed Insurance Professionals take pride in the consultative services we offer and help you design a plan or choose a product that best fits your needs. Our insurance products complement our banking services so we can better serve your financial goals. Visit Banterrainsurance.com or call our insurance department at to learn more. 1 Fees and current exchange rates apply. 2 Not a deposit, not guaranteed by the bank, not FDIC Insured, not insured by any federal government agency. BUSINESS CHECKING COMPARISON BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 15

12 BUSINESS CHECKING COMPARISON (inside flap) BUSINESS BANKING SERVICES Banterra offers convenient and competitive business products that make us the smart financial partner to get you on the road to success. Whether it is funding through a business loan or credit card, or the numerous offerings available through our treasury management services, we are here to help you reach your American dream. Our business products include: Business Checking Business Card Services Business Savings Other Business Services: - checxchange, Merchant Processing, Private Banking, Workforce Banking Business Lending Agricultural Lending & Insurance Specialty Lending including: - Aircraft, Corporate Banking, Machine Tool, RV & Marine, Transportation Treasury Management Banterra Business Mobile App* *Banterra Business Mobile App is only available to cash management customers. Brian & Kim Kelpe Missouri Running Company Proud Banterra Customers BUSINESS CHECKING Banterra understands what it takes to run a successful business. Whatever the size of your business, we have an account that s right for you. Let us provide you with a checking solution for your business today. Choose from the following business checking accounts: Free Business Checking - Best account for low transaction businesses, start-ups, home-based or organizations Basic Business Checking - The right account for micro-business that has growing transaction volume Premium Business Checking - Perfect fit for businesses with greater transaction volume Business Analysis Checking - High-transaction volume and treasury and cash management needs BUSINESS CARD SERVICES Banterra offers the convenience of a Banterra Visa Debit Card, as well as a variety of Banterra Visa Business Credit Cards. Banterra s Visa Business Debit Card Features include: Easily track your spending or turn your debit card on and off using Banterra s Digital Banking Get cash or transfer funds 24 hours a day, seven days a week at any ATM that accepts Visa Debit Cards Utilize Visa Checkout and Digital Wallet payment options Banterra s Visa Business Credit Cards* Features include: Rewards Options Generous Credit Line with Flexible Payment Options Free Employee Cards Payment Controls & Consolidated Company Statements Free Online Reporting with ScoreBoard *The creditor and issuer of these cards is Elan Financial Services, pursuant to a license from Visa U.S.A. Inc. One Card We know convenience is important to your business. Consolidate spending onto a single platform with our One Card solution. One Card combines travel and entertainment cards with purchasing cards enabling increased process efficiencies, flexible authorization and cardholder spending controls. BUSINESS SAVINGS COMPARISON BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 17

13 Business Checking Comparison Chart Free Business Basic Business Premium Business Business Analysis Pledged Checking Who Would Benefit From Account Qualifying Business Types Treasury Management Services (Some Restrictions Apply) Best account for low transaction businesses, startups, home-based or organizations Most businesses, organizations and non-profits Right account for micro- businesses with growing transaction volume Most businesses, organizations and non-profits Perfect account for businesses with greater transaction volume Most businesses, organizations and non-profits High-transaction volume or Treasury Management needs Most businesses and organizations Public fund entities requiring pledged assets Public fund such as schools and libraries Interest Bearing Personalized Checks Free first order of standard checks (up to $25) Merchant Card Processing Visit Your Local Branch For Details Visit Your Local Branch For Details Visit Your Local Branch For Details Visit Your Local Branch For Details Visit Your Local Branch For Details Minimum Opening Balance $100 $200 $500 n/a $500 Paper Item Fees Electronic Check/Debit Fees Electronic Deposit Fees First 100 free and then $.5 each over 100 First 75 free and then $.0 each over 75 First 25 free and then $.0 each over 25 First 250 items free excluding internal transfers via transfer system or digital banking; $.0 each over 250 First 600 items free excluding internal transfers via transfer system or digital banking; $.25 each over 600 Refer to a Treasury Management Specialist for a free account analysis of your account activity Account is analyzed monthly to determine processing costs. An earnings credit may be applied to offset the price of account services No item fee if $2,500 minimum daily balance is maintained; otherwise, first 40 check/debit items are free; then $.15 each over 40 Monthly Fee No fee if a $1,500 minimum daily balance or $,000 average monthly balance is maintained; otherwise, $7.50 monthly fee No fee if $2,500 minimum daily balance or $7,500 average monthly balance is maintained; otherwise $10 monthly fee No fee if a $2,500 minimum daily balance is maintained; otherwise $10 monthly fee

14 BUSINESS SAVING COMPARISON (inside flap) Dr. Son Le Proud Banterra Customer BUSINESS SAVINGS With a growing and successful business, it is important to save a portion of your prosperity for future needs. Whether it is for growth expansion or simply unexpected turns on the road ahead of you, proper planning is just smart business and Banterra can help. Banterra s Business Savings accounts include: Preferred Savings - Great for earning on higher balance accounts that may occasionally have a lower balance, such as a small business. Money Market - This account features a competitive market rate of while giving access to your funds. Health Savings Account - This account allows you to utilize it with a highdeductible health plan in order to save for potential medical expenses. CDs & IRAs - These accounts are smart options if you want to build a nest egg or save for a retirement. CDARS - Certificate of Deposit Account Registry Service (CDARS) allows you to have multi-million-dollar FDIC insurance on CD deposits.* *Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC. OTHER BUSINESS SERVICES Private Banking Private Banking* offers busy customers a personal banker to help manage their finances and take care of their banking needs, both personal and business. Plus, Private Banking customers receive these Personal Banking benefits: Discounted closing costs on Home or Equity Loans Free Digital Banking and Bill Pay Preferred Money Market Accounts One-Step Account Transfers Smart Kids Savings No Foreign ATM Fees** Merchant Processing Banterra s Merchant Processing Solutions, provided by Approval Payment Solutions (APS), allow customers to pay for goods and services with major credit and debit cards at your business. You ll benefit from: Customized solutions and competitive pricing designed around your business Variety of equipment options to meet your needs including wireless terminals, mobile & tablet processing 24/7 service and support with APS Payment Card Industry Data Security Standard (PCI DSS) Certified plus in-house PCI Specialists to assist Elimination of most EMV liability shift depending on your business type Fast funding, access to your daily settlements within 24 hours from settlement To set up merchant processing for your business, contact your local branch or go to Banterra.com. *Currently available in our Indiana market only. **Fees waived monthly up to $25 or eight transactions BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 19

15 Business Savings Comparison Preferred Savings Money Market Preferred Money Market Certificate of Deposit CDARS (Certificate of Deposit Account Registry Service) This Account Is: Great for earning on higher-balance accounts that may occasionally have a lower balance The right account if balances are between $2,500 and $10,000 Perfect for a $10,000 minimum balance account while earning more as the balance grows A great way to have options for rates and terms on your money The right CD for you if you want a single statement yet have large deposits needing FDIC coverage through multiple banks Interest Bearing Tiered Yes Tiered Yes Yes Minimum Opening Balance And Balance Required To Earn Interest $100 $2,500 $10,000 $1,000 to $25,000; see CDs comparison chart Varies based on product selected Monthly Fee $2 per statement cycle if balance falls below $100 if you maintain a minimum daily balance of $1,500 or a minimum average balance of $2,500; otherwise $8.50 per statement cycle if you maintain a $10,000 minimum daily balance in combination of identified Preferred Money Market, NOW, Savings, Money Market Deposit Account, Certificate of Deposit or Home Equity Line of Credit accounts; otherwise $10 fee per statement cycle Penalties assessed for early withdrawal Penalties assessed for early withdrawal Per Item Charge $2 per item for withdrawals in excess of four per cycle Additional Information Withdrawal limitations apply Withdrawal limitations apply Withdrawal limitations apply A variety of terms are available A variety of terms are available

16 OTHER BUSINESS SERVICES checxchange Banterra understands that running a business often requires the need to collect hard-earned money in a timely manner. Banterra partners with Money Transfer Systems to provide checxchange, a service which automatically electronically collects returned checks. checxchange greatly increases your recovery of bad checks, at no cost to the customer, and additionally offers an optional collection service for those checks that are unable to be collected electronically. Workforce Banking Banterra can pass on conveniences and savings to your employees when you sign up for Workforce Banking. Features include: Smartchoice checking or Green checking - Employees can receive a Banterra SmartChoice or Banterra Green checking free for 90 days. $5 monthly fee after 90 days. Restart checking or Restart Basic - Employees who may not qualify for a checking account based on their financial past may be eligible for one of these accounts, free for 90 days. $9.95 monthly fee after 90 days. Free Health Savings Account Overdraft Services Free first order of standard checks (not available for Restart Basic) Free financial checkup Receive $200 discount on mortgage closing costs.25% rate reduction on personal loans.25% rate increase on new Certificate of Deposit (CD) 1 Banterra Visa and American Express Credit Cards 2 1 Certificate of Deposit (CDs) rate increase is not valid with any special rate offer or CD promotions. 2 The creditor and issuer of these cards is Elan Financial Services, pursuant of separate licenses from Visa USA Inc. and American Express is a federally registered service mark of American Express. Subject to credit approval. BUSINESS, AGRICULTURAL & SPECIALTY LENDING Banterra offers several credit products to meet your financing needs. We are the largest, locally-owned bank in the region. Large enough, in fact, to offer a variety of innovative services and products, but locally owned and managed, so we can be flexible and responsive to your business needs. Benefits of Banterra include: Privately owned and assets of $1.6 billion Lending capacity in excess of $7 million Superior service as well as business, agriculture and specialty lending experience To learn more about our Business, Agricultural or Specialty Lending, visit your local branch or go to Banterra.com. Business Lending We offer a variety of commercial financing solutions including: Short-Term Operating & Working Capital Loans Vehicles, Machinery, & Equipment Purchase Loans Commercial Real Estate Acquisition & Development Loans Inventory Financing Loans Business Acquisition Loans Construction Loans Refinance & Consolidation Loans Agricultural Loans John and Mary Moreland McDonald s Moreland-Bishop Organization Proud Banterra Customers BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 21

17 Specialty Lending Aircraft Finance Banterra s Aircraft Finance specializes in aircraft loans for late model, standard category, general aviation aircraft operated and based within the United States. Corporate Banking Lending Designed for financial institutions, this division assists with bank stock loans and identifying bank partners for participating loans, which allows us to better serve our customers. Machine Tool Finance Machine Tool Finance specializes in financing manufacturing and production equipment of all types. Darrell Walters Proud Banterra Customer Agricultural Lending Agricultural lending has always been a strong part of Banterra s foundation in our local communities. Operating & Production Loans Operating loans assist with your farming operation expenses, each tailored to your individual needs. Operating loans allow advantages such as early pay discounts, manage income tax obligations and assistance with your cash flow needs. Access your loan by phone, mail, online or at any Banterra location. We have the expertise to help analyze the financial aspects of your operation to ensure its viability into the future. RV & Marine Lending Our Recreational Vehicle (RV) and Marine Lending specializes in financing these products directly with the dealers, working with more than 400 dealers in 19 states. Transportation Lending This division provides lending and financial services specifically to the U.S. trucking industry. Equipment Loans The agriculture of today requires a large capital investment. Banterra understands this need. With competitive rates and repayment terms tailored to your operation, we are ready to help you purchase that combine, tractor or whatever piece of equipment you need. Real Estate Loans Purchase or refinance real estate loans are available with terms up to 20 years (longer under some government programs). Agribusiness Insurance* At Banterra, we re not just here for your lending needs, but for all your agribusiness needs from help with small to major purchases to insuring your dwelling, farm equipment, livestock and more. Banterra Insurance offers the right insurance to fit the needs of any agribusiness. *Not a deposit, not guaranteed by the bank, not FDIC insured, not insured by any Federal Government Agency BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 2

18 TREASURY MANAGEMENT Whether you have a small business or a large corporation, we know how important it is to manage your cash flow and account balances, and to have up-to-date technology for your business needs. With Banterra, you ll have a trusted Treasury Management representative who will partner with your business team, someone that is dedicated to understanding your business and ready to assist you with innovative cash management solutions to meet your needs. Digital Banking & Account Management Cash Management Banterra s very convenient and cost-effective Online Cash Management Service is designed for companies that need a broad range of electronic banking services. It provides accurate, up-to-date financial information in a secure environment. Company Benefits: Access your accounts Transfer funds between accounts Set up multiple end users within your business Free Online Statements Define functionality for end users and control the accounts and services they may access Originate ACH transactions including payroll, vendor payments and accounts receivable Reconcile your accounts Positive Pay for check fraud detection View check images Initiate wire transfers Request stop payments Automatic balance alerts via WebConnect for QuickBooks Banterra Business Mobile App With Banterra Business Mobile App, you can conveniently and securely access your business accounts anytime, anywhere. Banterra Business Mobile App is available to all Banterra Cash Management Users. Getting started is easy and there is no charge* to use the Banterra Business Mobile App. Simply download the app from App Store or Google Play and then contact us at to be enrolled in Banterra s Business Mobile Banking. Banterra Business Mobile App allows you to: Check your business account balances View account activity including deposit history Transfer funds between eligible accounts Approve ACH and wires Set up security alerts Locate a Banterra branch or ATM Contact our Treasury Management Support Team Account Reconciliation With Banterra s Account Reconciliation Service you ll automate and streamline account reconciliation. You provide (upload or input) a list of issued checks which are then compared against daily paid check information. Reconciled items are then listed in an online register where you can search, sort, filter and download items. Scott and Beth Slaton and Family Ohio Valley Insulation Proud Banterra Customers Add Positive Pay to Account Reconciliation and help prevent check fraud. *Check with communication provider for message and data rates that may apply BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 25

19 TREASURY MANAGEMENT Payments Direct Deposit of Payroll (ACH) Take the pressure off payday for both your office staff and employees. With direct deposit, your employees pay is electronically transferred to their bank account on payday. There are no checks to print and reconciliation of payroll account is simplified. Save money by offering direct deposit while providing a benefit to your employees. You can originate direct deposits of payroll directly from your computer by using our Online Cash Management Service. Same Day ACH Same Day ACH payment is an optional payment method, where payments sent today will be received and credited today. Initiate emergency payments, time-critical payments or error corrections with Same Day ACH origination. Same Day ACH is available through our Cash Management service. Accounts Payables (ACH) By using the Automated Clearing House (ACH) to create electronic transfers of funds, you reduce the time and expense of writing, processing and reconciling checks and maintain control of available funds until the moment you need them to cover disbursements. Your company provides us with an electronic ACH disbursement file and items are distributed to receivers automatically and are funded by a single debit to your Banterra account. Company Benefits: Increase control by accurately forecasting cash flow - you ll know in advance when disbursements are made Elimination of costs associated with paper-based systems Control fraud Types of Disbursements Vendor payments Direct deposit Expense reimbursement You can originate ACH payable transactions directly from your computer by using our Cash Management service. Wire Transfers Initiate fund transfers in a quick and secure manner. When you need to transfer funds fast, wire transfers offer the speed of same day settlement for domestic funds transfers and the security of direct, paperless transactions. Banterra s Online Cash Management Service enables you to initiate wire transfers directly from any PC, saving you time and money. Cindy and Leon McClerren Indian Trail Farms Proud Banterra Customers Receivables Accounts Receivables (ACH) Convert your receivables to cash faster by creating electronic transfers from your customers accounts and have them directly deposited into your account via the Automated Clearing House (ACH). Company Benefits: Accelerated collection of receivables - ACH transactions settle faster than checks Save on processing costs - less expensive than checks Reduce errors associated with paper-based transactions Greater security ACH debits are a low-cost alternative for the collection of recurring payments such as utility bills, membership dues, rent and donations Originate ACH receivable transactions directly from your computer by using our Cash Management service Cash Concentration (ACH) If your business is in more than one location, Banterra can help you manage your company s cash position by collecting funds via the Automated Clearing House (ACH), a lower-cost alternative than wire transfers. With your funds concentrated into one primary operating account at Banterra, you accelerate cash flow and maximize investment opportunities. Cash Concentration via ACH is available through our Cash Management service BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 27

20 TREASURY MANAGEMENT Receivables (cont d) Remote Deposit Designed for businesses that want to streamline their deposit process, Remote Deposit converts checks into imagebased transactions, then transmits the check images to your account via a secure Internet connection. We provide your business with an image scanner and our specialists install the equipment and software and provide training to your staff. Benefits to your company: Reduces employee & travel expense for making deposits Research & report capabilities Improves cash flow and funds availability Greater security Merchant Processing As part of Banterra s business offerings, we offer Merchant Processing Solutions through Approval Payment Solutions. This service enables merchants to accept credit and debit cards, EBT, gift cards, fleet cards and checks safely and efficiently. Electronic Data Interchange (EDI) EDI is the worldwide business standard for computerto-computer exchange of business data. The Federal Government, as well as most large corporations, requires EDI capability from their business partners. Banterra s EDI Remittance Service translates data from ACH addenda records into easy-to-read reports. The information provided is the same as normally found in paper remittance advices. Fraud Detection Positive Pay Combine Positive Pay with Account Reconciliation and reduce your exposure to check fraud arising from counterfeit or altered checks. If a check presented for payment does not match the information from your issued check file, you will be able to view an online report each morning giving you the opportunity to have Banterra pay or return each exception. Company Benefits: Increased fraud protection Control over whether a discrepant check should be paid Convenient reporting ACH Monitoring Banterra s ACH Monitoring Service will give you control over ACH account posting and help decrease the likelihood of fraudulent or erroneous ACH transactions. ACH Blocking - Specify which companies are authorized to post ACH debits and credits to your accounts. ACH Filtering - Review and confirm ACH debit and credit transactions that post to your accounts on a case by case basis. Banterra s Treasury Management Team: Tina Spears (IN), Debbie Hughes (Manager) and Meghan Densch (IL, KY, MO) BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 29

21 TREASURY MANAGEMENT Sweep Accounts Zero-Balance Accounts A zero-balance account (ZBA) allows you to put your dollars to work for you by eliminating excess balances in separate accounts. Banterra s ZBA, a sub-account linked to a single master account, will help you maintain control over multiple disbursement accounts and minimize excess balances. The service automatically transfers funds to or from the master operating account at the end of each business day to offset the net activity in each ZBA sub-account. Company Benefits: Funds consolidation is made easier Provides centralized cash control Automates transfers to save you time and money Insured Cash Sweep (ICS ) Access multi-million-dollar FDIC insurance on funds placed into demand deposit accounts or money market deposit accounts. When using the ICS* service, deposits are divided into amounts under the standard FDIC insurance maximum and are allocated among Network members. A customer can access FDIC insurance from many institutions while working directly with one bank, an institution you already know and trust. Additional Business Services CDARS (Certificate of Deposit Account Registry Service) CDARS* is the easiest, most convenient way to enjoy multimillion-dollar FDIC insurance on CD deposits. Handled through Banterra, your large deposit is broken into smaller amounts and placed with other banks that are members of the CDARS Network. These banks issue CDs in amounts under the FDIC insurance maximum, so that your investment is eligible for FDIC insurance. Night Deposit Night Depository is a secure, convenient way to make deposits and payments after normal banking hours. We ll be glad to make arrangements at a Banterra location convenient to your place of business. Vault Service Banterra is happy to assist with frequent currency and coin needs that you may have in order to better serve your customers and demands of your business. *Placement of your funds through the ICS service or CDARS service is subject to the terms, conditions and disclosures set forth in the agreements you enter into with us, including the applicable Deposit Placement Agreement. Limits apply and customer eligibility criteria may apply. ICS program withdrawals are limited to six per month when using the ICS savings option. ICS and CDARS are registered service marks of Promontory Interfinancial Network, LLC. Line of Credit Sweep Would you like to reduce your expense automatically? You can minimize outstanding balances on your Line of Credit by sweeping excess collected funds from your checking account. Based on a pre-determined target balance, funds are automatically transferred from your line into your checking account as needed. Benefits to your company: Reduce expense Improve financial control BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com 1

22 TAKING CARE OF OUR COMMUNITY We make it top priority to give back to the local areas where our team members live and work. With a footprint that spans four states, we know that our contributions truly make an impact on our communities. In addition to donations and sponsoring local activities, we hold ongoing fundraisers within our branches, and you ll find our nearly 500 team members contributing to charities and organizations in their area. If your charity, organization or event would like to request a donation or sponsorship from Banterra, simply stop by your local branch and speak with a banking center manager. You will be provided a form to complete for consideration at the branch or visit Banterra.com to download a form. Our Banterra team members go casual on Fridays throughout the year to raise money for different charities. Pictured above are West Frankfort, Illinois team members going casual. IN BRANCH PROMOTIONS AND SPECIAL EVENTS At Banterra, we utilize our branches to support local charities, providing our customers an easy opportunity to give donations. Several times a year, you will see promotions within our branches supporting charities such as the American Cancer Society, food drives for local pantries and companywide school supply drives. You may also see customer appreciation events not only in our branches, but also in our communities, such as football tailgates or special lunch for our farmers. At Banterra, we want to get to know our customers and these fun events and promotions support that goal. For Banterra s latest updates on community service, fundraisers and special events, like us on Facebook or visit Banterra.com! Banterra holds annual fundraising events in support of This Able Veteran (TAV), an organization that provides service dogs to veterans. Pictured above, TAV representatives and dogs in training accept a check from Jeff May - Banterra President & CEO and Jeff Speith - Banterra Market Executive BANTERRA ( ) Banterra.com 866-BANTERRA ( ) Banterra.com