|
What
makes Farm Credit different?
Farm
Credit of Southwest Florida is part of the nationwide Farm
Credit System, a financial cooperative owned by its
member-borrowers. Our primary function is to provide
agricultural loans, including:
-
Long-term
farm and country home loans
-
Intermediate-term
loans for buildings, machinery and other equipment
-
Intermediate-term
loans for land, construction, livestock and improvements
-
Short-term
production loans for both full-time and part-time farmers
-
Loans
for ag-related businesses
Unlike
commercial banks, our cooperative structure means that a
portion of the profits generated from our lending activity is
returned to our borrowers in the form of patronage refunds.
These patronage refunds are based on the proportion of
interest earned on an individual loan. This significantly
reduces the cost of borrowing for our customers, and patronage
refunds are split between a direct cash payment and an
allocated surplus account in the member's name. For
example, Farm Credit of Southwest Florida has declared more
than $74 million in patronage refunds since 1988.
As
a complete financial institution for the agricultural field,
we also provide a full range of other financial services for
our customers, including:
The
team at Farm Credit of Southwest Florida are financial
professionals with the experience and knowledge to provide the
help you need when you need it. We know agriculture and
country living. We're federally chartered, but locally
operated by people you know and trust.
Our
combination of competitive rates, personal service and
extensive local knowledge is unmatched in the financial world.
Just contact us and see what we can do for you.
|
Farm
Credit of Southwest Florida is governed by a local Board of
Directors representing all areas of our territory.
MORE....
The
Farm Credit System is a nationwide network of cooperative
lending institutions.
MORE....
|
