Agricultural Lending

Bringing families and farming together in Champaign County for over 120 years!

The Peoples Saving Bank has the expert agricultural lending experience that will help you succeed with your farming goals. Decisions are local and prompt. We thrive to understand your operation and build a solid business relationship. The following loan products are offered:

Farm Line of Credit

  • Available to meet your seasonal or temporary operating cash flow needs.
  • A maximum loan amount is established and funds can be borrowed and repaid as necessary to meet cash flow needs within that limit.
  • Fixed or Variable Rates are competitively priced.
  • Operating lines are set up for one year duration and can be renewed annually based upon financial review and performance.

Farm Equipment or Livestock Loans

  • Available for purchases with direct payment to the vendor that expedites delivery.
  • Refinancing of equipment for better rate and term. Fixed and variable rates offered.
  • Repayment schedules that coincide with your operations cash flow.

Farm Real Estate Loans

  • Farm purchases or refinancing of your existing farm real estate mortgage.
  • Competitive rates and terms with maturities of 25 years available.

FSA Guarantee Programs

Beginning Farmer’s Farm Ownership Program: Peoples Saving Bank is ‘seeking‘  young farmers that are interested in purchasing their first farm. This program provides reduced down payment requirements and extended loan terms which can enhance cash flow.

Guaranteed Farm Operating Loans: With FSA’s guarantee of up to 90%, the bank is able to provide funding of your farm operating needs. Reduced rates are also available with this program.

Guaranteed Farm Ownership ProgramThis Farm Ownership Program provides for competitive funding through the Farmer Mac program in the form of USDA Guaranteed Loans.

Contact Gary Lantz at 937.653.1612 or visit one of our locations for more information.