Banterra recently announced the opening of their new Loan Production Office located at 825 Chestnut Street, Mt. Carmel, Illinois. The location opened in December 2016 and is lead by Eric Ikemire, who joined their East Region of Southern Illinois as a Market Executive. Ikemire has a strong financial background in the Southern Illinois market area, with years of experience working with local banks in our community.


Banterra began as a single bank in Ridgway, Illinois in July of 1975, and is headquartered in Eldorado, Illinois. Banterra is the largest, locally owned bank in the region with $1.4 billion in assets and is ranked in the Top Ten Percent of U.S. Charter Banks and Top Five Percent for Illinois Charter Banks, according to asset size. They have 35 locations in Illinois, Indiana, Kentucky and Missouri.


Banterra has products and services that customers expect from a mega bank including digital banking, Visa Checkout, and online applications, but with the personal service that only comes with a strong regional community bank such as quick and local decisions, and true community involvement from our company and team members. Banterra’s team members go above and beyond what a customer would expect in order for your experience to be exceptional.


Banterra’s lending capacity is in excess of $33 million. They’re dedicated to working with business customers and their advisors to develop the optimal lending arrangements that supports company success now and into the future. They have lending experience in agriculture, which is the cornerstone of their business, in addition to mortgage and specialty lending including aircraft, corporate banking, machine tool, RV, marine and transportation.


Banterra focuses on the communities where they live and work. They choose to invest the largest portion of their marketing budget toward supporting communities through sponsorships and donations.


To learn more about Banterra and all of the product and service offerings available, call 866-BANTERRA (226-8377) or visit Follow Banterra on Facebook to stay up-to-date on the latest community efforts and new products and services. Member FDIC, Equal Housing Lender.


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Categories: BanksInvestmentsLending

825 Chestnut Street
Mt. Carmel, IL 62863