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Indiana Medical Banking Products

Banterra supports Indiana Medical Professionals

Banterra is dedicated to understanding and meeting the needs of the medical community. We’ve designed products specifically with physicians in mind, plus we offer technology conveniences.  We also offer Health Savings Accounts for your patients.

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healthcare professionals having a meeting

Private Banking

A product suite with exclusive benefits and priority service for an elite, qualified customer base1.

Enjoy exclusive benefits including:

  • No fees on everyday banking2
  • $100 minimum deposit to open personal or business checking account
  • Dedicated, personal service with a Private Banker
  • Specialty products
  • Premium rates for Money Markets
  • Increased limits from our product suite:
    •  ATM daily limit of $2,500
    • Debit card daily purchase limit $10,000
    • External transfer limit up to $100,000 daily
    • Mobile Check Deposit limit of $250,000; increased limits available with approval3
    • Person-to-Person Payment (P2P) limit of $1,500; up to $5,000 may also be available with our quick approval process
  • Free items such as cashier's checks, online and paper statements

Private Banking Checking

Key features for personal and business checking include:

  • No monthly fee or Banterra ATM fees4
  • Free cashier's checks and basic checks5
  • Free Digital Banking with online and paper statement options

Savings

  • Private Banking
    Money Market
  • Certificate of
    Deposit (CDs)

Lending Services

  • Personal Loans
  • Home Equity
    Line Of Credit
  • Home Equity Loans
  • Physician's
    Relocation Loans
  • Doctor Line of Credit
  • Specialty Lending

Mortgage Services

  • Doctor
    Mortgage Loan
  • Fixed & Adjustable- Rate Loans
  • FHA & VA Loans
  • Jumbo Loan
  • Home Renovation Loan

Lending

Doctor Mortgage Loan

We know the road to becoming a physician often leaves you with large amounts of educational expenses.  This can make it challenging to save for a down payment on a home or qualify for a large mortgage. That’s why, Banterra has created the Doctor Mortgage Loan with these special features:

  • No down payment options (limitations apply)
  • Fixed and Adjustable-rate options
  • Employment start date up to
    90 days after closing allowed
  • Financing for attached or
    detached single-family residences
  • 100% loan-to-value available for
    mortgages up to $650,000

For more information on the Doctor Mortgage Loan,
contact a Banterra Mortgage Lender.

Doctor Line Of Credit

A revolving line of credit is the perfect way for physicians to bridge cash-flow gaps. If you own your own practice, you may face waiting periods for insurance claim reimbursements or other circumstances that deplete cash flow. Even if you never use it, starting a line of credit with Banterra allows for easy, low-cost access to funds without jumping through hoops. 

  • Funding up to $200,000
  • Flexible terms up to 24-months
  • No required collateral
  • Interest-only payments each month*

*Full principal amount as well as any unpaid, accrued interest is due at maturity date stated in credit agreement. All loans are subject to approval.

Physician's Relocation Loan

To assist a doctor with relocating costs,
Banterra offers the Physician’s Relocation Loan.

  • Personal loan up to $10,000
  • Option to avoid payment up to 120 days

Stop by your local Banterra branch 
or contact a commercial lender to learn more.

Commercial Lending

Growing your hospital needs a strong financial partner who is there when you need them. Banterra has lending capabilities of $80 million per customer as well as lines of credit and equipment financing options.

learn more

Cash Management

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young doctor taking heartbeat of little girl

Patients

Banterra offers several banking products that assist with healthcare services including:

Medical Assistance Loan 

  • Offered through Banterra's Personal Loan Program
  • Loans up to $10,000
  • Competitive interest rates
  • Quick review and approval notification
  • Online loan payments can be made on Banterra website

Health Savings Account

  • A personal savings account option that has tax advantages* and is dedicated to medical expenses.
    * Please consult your tax advisor.

Digital Banking

  • Banterra’s Digital Banking offers 24/7 access to your accounts through online and mobile devices. Keep track of your personal loans, your Health Savings Account, or pay medical bills through Bill Pay.

Contact A Banterra Representative

  • Kevin Canterbury

    Kevin Canterbury

    Commercial Officer

    DivisionsCommercial Lending, Healthcare IN

    MarketsEvansville, IN - Cross Pointe Blvd., Evansville, IN - Diamond Ave., Evansville, IN - St. Joseph's Ave., Newburgh, IN

    Phone(812) 204-1264

    Contact Me See My Bio
  • Chris Rutledge

    Chris Rutledge

    Market Executive

    DivisionsCommercial Lending, Healthcare IN, Market Executive

    MarketsEvansville, IN - Cross Pointe Blvd., Evansville, IN - Diamond Ave., Evansville, IN - St. Joseph's Ave., Newburgh, IN

    Phone(812) 475-2866

  • MaNissa Coon

    MaNissa Coon

    Private Banker

    DivisionsHealthcare IN, Private Banking

    MarketsEvansville, IN - Cross Pointe Blvd., Evansville, IN - Diamond Ave., Evansville, IN - St. Joseph's Ave., Newburgh, IN

    Phone(812) 475-2866


1Applicants for Private Banking products are subject to qualification criteria prior to approval/account opening.

2Everyday banking includes Private Banking personal and business checking, digital banking, money market and CD accounts, debit card and ATM use. Banterra does not charge ATM fees for Banterra ATMs or those within Allpoint network. Banterra waives Banterra ATM fees when using a non-Banterra or non-Allpoint ATM. Banterra will reimburse customers for fees that will be charged by the owners of the non-Banterra or non-Allpoint ATMs for 25 items, up to $95, per statement cycle. ATM includes both automated teller machines and interactive teller machines. 

Normal hold processes may apply, refer to Banterra’s Funds Availability Policy for more details.

Banterra does not charge ATM fees for Banterra ATMs or those within Allpoint network. Banterra waives Banterra ATM fees when using a non-Banterra or non-Allpoint ATM. Banterra will reimburse customers for fees that will be charged by the owners of the non-Banterra or non-Allpoint ATMs for 25 items, up to $95, per statement cycle. ATM includes both automated teller machines and interactive teller machines.

Applies to basic single checks. Additional charges for premium check selections.