|Tuesday, May 21, 2013|
Crop/Livestock Input Financing...Seasonal financing is available on an annual basis to producers who wish to finance their crop or livestock input purchases. A borrowing base line of credit for financing is established for fertilizer, seed, fuel, cash rents, farmer/feeder programs, commercial feedlot programs, investor feeder programs, cow/calf inputs, backgrounding enterprises and other operating inputs. We establish loans according to the individual's detailed production and marketing plans. We base repayment upon proven yields and current market conditions as well as the security in the commodity to be marketed that year.
Investment Opportunities...An investment program is available to patrons with surplus funds. We offer Demand Notes and Certificates of Indebtedness. Demand Notes are saving accounts that ensure funds are kept available to meet demand. A COI is an investment account available in 2, 3, 4 and 5 year terms. Interest rates offered depend upon the type of investment and term length. Contact Member Services to learn more about our investments or to inquire about current rates.
Interest rates are variable and based on cost of funds. We aim to keep our interest rates at the most competitive levels in the area.
Crop Insurance...Complete lines of crop insurance products are offered to our patrons. Multi-peril crop insurance and crop-hail insurance are both available. We offer crop insurance through a variety of companies including Rain & Hail LLC, and Rural Community Insurance Services.
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