Alterra Bank

Alterra Bank provides business and personal banking products and services. It offers commercial and small business checking accounts; commercial money market accounts and certificate of deposits (CDs); treasury management services; commercial lines of credit for short-term financing needs, including inventory purchases, meeting cash flow needs, and carrying accounts receivables; commercial term loans financing to finance equipment, vehicles, and capital improvements, as well as fund business opportunities; commercial real estate loans for commercial properties and to expand a facility, warehouse, or office building; capital for small and medium-sized business owners to open a business or finance capital improvements; and letters of credit. The company provides personal interest-bearing and neighborhood checking accounts; personal savings accounts, money market accounts, fixed-rate CDs, and carefree CDs; auto loans, home equity lines of credit, and residential constructional loans; mortgage services; and online banking and online pill pay, mobile banking, online account access and maintenance, and debit cards services. Alterra Bank was formerly known as 1st Financial Bank and changed its name to Alterra Bank in May 2010. The company was founded in 1847 and is based in Overland Park, Kansas with a location Lee's Summit, Missouri. Alterra Bank is a prior subsidiary of The Sylvan Agency, Inc.