It’s that time of year again! The seasons are changing, and farmers are preparing their operations for the upcoming planting season. American State Bank proudly offers loans for any local farming operations to allow our community farmers to continue to thrive and put food in our nation’s mouth. Whether you only plant crops, raise livestock or do a little of both, we wanted to highlight our ag lending options to you so you can continue doing what you love. 

Farm Real Estate Loan 

Land prices continue to rise, so we want to support you in financing an expansion. Add land for your operation with a new real estate loan or refinance your current loan for a better rate. 

Farm Improvement Loan 

On a farm, things need fixing every day and those costs can add up. Make necessary upgrades to your farm to help ensure the continued success of your operation. 

Equipment Loan 

Equipment is not cheap – a new tractor, attachment, plow or baler is why we offer equipment loans. Purchase new or used equipment and machinery that will allow you to do the necessary work. 

Livestock Loans 

Add feeder or breeding livestock to increase the size of your herd with a livestock loan. Our lenders can work with you on the details to lay out a suitable financing solution. 

Operating Lines of Credit 

If your farm experiences seasonal changes in cash flow, an operating line of credit allows you to draw funds as you need it. No matter what happens this year, we don’t want you to have to worry about money and always know you have this operating line of credit to lean on. 

Ag Checking 

We also wanted to highlight our ag checking account. This offers the following items so you can run your business: 

  • FREE Business Debit Card 

  • Unlimited debit card transactions 

  • FREE Mobile Banking 

  • FREE TeleBank 

  • FREE Internet Banking 

  • FREE Online Bill Pay 

  • FREE E-Statements 

  • Three FREE non-American State Bank ATM fees per month with receipts 

  • FREE return of check images for easy record keeping 

  • FREE Thank You Gift 

  • We buy back all old books of checks and debit card from another financial institution 

Our Ag lenders are happy to speak with you about any of the above options, so we can help you keep things running smoothly! American State Bank is a helping hand to area farmers – reach out today!