Chamber Business Spotlight of the Week for March 21, 2022 - Banterra Bank!

Banterra Bank began as a single bank in Ridgway, Illinois in July of 1975. Since that time, Banterra has grown to $2.6 billion in assets and is ranked in the Top Ten Percent of U.S. Charter Banks and Top Six Percent for Illinois Charter Banks, according to asset size. Banterra has more than 40 locations in six states (Arizona, Illinois, Indiana, Kentucky, Missouri, and Utah) with 25 right here in Southern Illinois.

Banterra opened a branch in Carterville in 1999 after acquiring Heartland National Bank and it is located at 108 E. Plaza Drive next to the Dairy Queen. Banterra has been a proud supporter of Tri-C community needs including Christmas in Carterville, Pumpkin Path, Anne West Lindsey District Library, Carterville Schools and Athletics, Carterville Food Pantry, Carterville Chamber of Commerce and Carterville Rotary – just to name a few.

Banterra team members who live and work in Carterville are active in the Tri-C community. Ben Craft, Banterra lender and former chamber president, was named Chamber Member of the Year for 2020. Jennifer Spence, marketing director for Banterra, is also a developer for downtown property and works closely with the City of Carterville for downtown renovation needs. In addition to Ben and Jennifer, Banterra employs more than 500 team members with several of those as residence in our Tri-C community including Shane Carsrud, Charity Lantagne, Kaylyn Watts, and many others. Carterville branch is led by Assistant Banking Center Manager Carol Powell.

In addition to offering a variety of personal and business banking products, including easy-to-use digital products such as Interactive Teller Machines (ITMs), Banterra offers convenient online account openings and online loan applications including mortgage. Banterra provides services nationwide through specialty lending divisions including Aircraft Finance, Machine Tool Finance, RV and Marine Lending, SBA-Small Business Lending and Transportation Lending. Banterra also offers Banterra Insurance for auto, home, life, and business as well as Banterra Investment services. For information, call 866-BANTERRA (226-8377), or go to