Agriculture is our main industry in our local economy. Security Savings Bank is committed to strengthening that pillar through assisting agricultural producers in making sound financial decisions to operate and grow their farming operation. We are proud to have assisted many producers in profitably expanding and growing their business over the years and look forward to assisting you in making the sound decisions required for being competitive in today's fast changing agricultural world! All loan decisions are made locally, and our knowledgeable ag lenders can provide the expertise you need to properly finance, structure, and grow your farm finances. We offer the following types of loans to fulfill the above objectives:
Operating Lines of Credit Pre-approved lines for future useInterest only on funds usedCompetitive rates and flexible termsFunds for production, operating expenses, and feeder livestock purchases
Personal Property Loans Pre-approved loans available for new and used machinery, breeding livestock, and minor real estate improvementsCompetitive rates and flexible repayment terms
Real Estate Financing
Security Savings Bank offers a complete line of real estate financing options including funds for purchasing or refinancing real estate as well as the construction of new facilities. Short term and long term fixed rate options are available. See your ag lender for details.
Agriculture/Government Guaranteed programs FSA Guarantees: Provides financing for operating, intermediate, and long term needs with interest reduction options available.SBA Guarantees: Provides financing options for intermediate and long term needs.
Beginning Farmer Loans
Security Savings Bank is an active participant in the Beginning Farmer loan program. If eligible, a farmer is able to obtain financing for real estate and other depreciable assets purchases at interest rates which may be one to two percentages below market rates. The Beginning Farmer Loan program can be used in conjunction with several direct loan programs through Farm Several Agency which carry very attractive interest rates and loan terms. Contact an ag lender for details.