International Business Money Market & Time Deposits (1)

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.

International Business Money Market (3)

The ultimate hybrid of accounts, paying higher interest rates than other saving accounts while allowing limited check writing and wire capabilities.

Features:

  • Tiered Interest Rate (2)
  • Access to funds thru checks, and Wire Transfers
  • Online Banking
  • Cash Management Services
  • Mobile Deposit
  • eStatements

Refer to our Deposit Account Information Brochure for Terms and fees

International Business Time Deposit (4)

Competitive interest rates for short and long-term business savings.

Features:

  • Fixed Interest Rate (2)
  • Terms of 30 days to 5 years
  • Online Banking

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 established outside of the United States. Certain restrictions may apply.

(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) You may make no more than six withdrawals, transfers for overdraft protection, internal transfers, checks, drafts, or similar transactions from your account per statement cycle.

(4) ) Early Penalties apply to Time Deposits.

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