Our commitment to agriculture is reflected in the long-term partnerships with our banking customers. We are renowned for our strong agricultural lending and we enjoy the benefit of working with many great farm operations no matter what the size.
We have the experience and products to help you with every aspect of your farming business. We understand that every person who walks through our door has a unique situation. Our experienced Ag loan officers take the time to evaluate your needs.
Ask for Scott and staff of experienced Ag loan officers Krissy, Alex or Christine at 765-732-3022 or 800-463-7464. Our service is truly personalized.
A few quick notes about our Ag program:
Loans may include improved or unimproved properties
Multiple financing options available
Fixed and variable interest rates
Our loan officers know the farming business
Farm Real Estate Mortgage
(long term): Up to 20 years fixed rate and up to 30 years on select programs. Monthly, quarterly, semi-annual or annual repayment schedules
Equipment or Broodstock Loans
(intermediate term): 3 to 5 year loans; Up to 7 years on some equipment. Monthly, quarterly, semi-annual or annual repayment schedules
Annual Operating Lines of Credit
Credit to finance annual input & operating costs
Unconventional Loans FSA Guaranteed Loans (Farm Service Agency)
Agricultural credit available to farmers who need more financing options; for up to 95% financing with flexible terms; can be used to purchase farmland, broodstock and equipment.
Can also be used for annual operating needs, to make improvements or to restructure debt.
Young Farmer/Beginning Farmer Programs
Helping beginning or young farmers purchase real estate
Bath State Bank has acquired Preferred Lender Program status under U.S. Department of Agriculture — Farm Service Agency. The Preferred Lender Program, or PLP, is the top status that a lender can hold in the Farm Service Agency (FSA) Guaranteed Loan Program. The program allows us to help many more farmers purchase land, equipment and livestock, and assist them through difficult times with the help of this program.