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Depending
on the purpose of your loan, the repayment terms and the flexibility
and risk level you’re looking for, you can choose the interest-rate
program that best fits your situation. The following interest
rates are offered to eligible borrowers on operating equipment
and real estate loans. |
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Variable
Rates
Rates
vary based on a number of factors such as our cost of money
and competitive pricing information, and we have many variable
rates available. Contact us for
information.
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Fixed
Rates
Fixed rates provide stable interest payments. Rates are
locked in for the life of the loan and will not change regardless
of fluctuating market conditions. |
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Contact your local Ag Credit office for our competitive rates.
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*Loans
in excess of $100,000 will have a lower effective rate due to
the limit on stock ownership. |
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*
Capital Stock – All customers purchase stock
or participation certificates when obtaining a new loan. This
investment provides a portion of the association’s total capital
needs. The amount of stock or participation certificates required
with each loan is established by the association board of
directors. Stock is issued on loans to customers who are farmers,
ranchers or aquatic product producers or harvesters. This
stock carries voting rights, giving customers a voice in the
future of the organization by electing board members.
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