Annual, bi-annual, or monthly payments are available.FNB allocates a portion of the loan as eligible for the State of Illinois farm operating interest rate (the “state rate”) to provide the State’s low interest rate for that portion of the loanįNB’s term loans are normally secured with the asset being purchased with a term up to five years:.For loans overlapping a tax year end, the interest expense can be paid in the year with the most tax benefit.Funds can be borrowed as a single advance upfront, or as a revolving or non-revolving line of credit, providing flexibility for cash flow purposes Loans are available for inputs and general expenses during the operation cycle of the farmer’s operation.Mike Urish, Garett Plumley, Luke Larson, Steve Taetsīrandt Hutchcraft, Doug Vanderlaan, Bart Ottens, Bill DaleįNB’s operating loans and credit lines match the operating cycle necessary to market the commodity:

Buildings, livestock, and grain facilitiesĪnd just as important, prompt and local decisions with access to as much as $10,000,000 per farm customer.įNB’s locations in Prophetstown (since 1902), Geneseo (since 1997), and Morrison (since 2007) actively serve agricultural operations in northwest Illinois, including the counties of Bureau, Carroll, Henderson, Henry, Jo Daviess, Knox, Lee, Mercer, Ogle, Putnam, Rock Island, Stark, Stephenson, Warren, Whiteside, and Winnebago.In fact, for community banks with over 75% of loans committed to ag and over $250,000,000 in ag loans, FNB is in the top five.įNB has the background, experience, and expertise in loans for: Approximately 75% of our loans involve agriculture, and nationwide that annually places us in the top 100 for community banks. ** for the period ending March 31, 2013, as reported by BauerFinancial, Inc.Farmers National Bank is committed to Agriculture. To request information regarding your account, please submit your request in writing along with your name and address to the following address: If you believe an error has occurred on your account, please submit in writing, a brief summary of the suspected error, along with your name and address and identifying account information to the following address: Information Request To contact one of our lending officers, please click here. Take advantage of pre-pay discounts and maximize marketing of last year’s crop by selecting a dual line of credit for financing. No need to sell your harvested crop before buying your next year’s inputs. You can choose the payment frequency to best meet your needs – monthly, quarterly, semiannually, annually or have a custom designed payment term. …“After attending one of their Winter Farm Meetings, I was able to earn more money by making better marketing decisions!” Buy or refinance land, buildings, facilities, equipment, machinery, crop inputs, and livestock …“67% of their lenders are also actively involved in farm operations and that makes me feel more comfortable.” …“Before I switched to Farmers State Bank, I would wait a week for a loan decision. …“I use the results from their plot to help me select seeds which has increased my yield and profit!” “Why do you do so much more than any other bank in the area?.independent plot, trip to the Farm Progress Show.” See what our customers are saying to learn what our commitment to agriculture may do for you. It reflects the continuous and ongoing commitment to agriculture we’ve had since opening our doors in 1889. This designation as a top bank comes as result of an analysis of information compiled from financial data reported to federal regulators by BauerFinancial, Inc of Coral Gables, Florida.**īeing ranked the area’s top ag bank is not an accident. The ranking is based on the percentage of the bank’s loan business derived from agriculture. Photo Debit Card and School Fundraising Debit Cardįarmers State Bank is ranked the number one bank in its market areas of Pike, Scott, Greene, Jersey, Morgan and Adams counties in Illinois.

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