Farm Cash Management®
Earn interest without tying up your funds
Are you looking for a way to maximize interest on your idle cash while maintaining the luxury of day in—day out access to your funds? Establishing a Farm Cash Management® account can meet both of those objectives and more.
Consider the benefits:
- Maintain liquidity. Contrary to CDs, your funds are available at any time. You can withdraw and deposit funds without any penalty or fee.
- Tax Benefits. Interest earned on your account is not subject to state or local income taxes, thus increasing the effective yield of your investment even further.
- It’s Free. Our Farm Cash Management® account is completely free, with no minimum balance requirement when tied to a revolving line of credit.
- Easy access. You can transfer funds electronically, use our draft program to access funds, or transact business in person at our office.
If you have an operating loan with us and occasionally have zero balance throughout the year, this is a great way to maximize the return on cash. Your return is automatically maximized because funds coming into the account will first pay down outstanding principal on your revolving line of credit with any excess invested in your cash management account. When you need to access your line of credit to pay expenses, funds are first drawn from Farm Cash Management®.
Even if you don’t have a need for a line of credit, you can still take advantage of all the great benefits of Farm Cash Management® with a minimum investment of $1,000.
There's no reason to let your funds sit idle in a checking account earning no interest or in a low-interest savings account. Start earning a great rate on your funds today and take advantage of this fantastic benefit available exclusively to Farm Credit members.
For more information, request a free copy of our Farm Cash Management Brochure.
**This is not an offer for the sale of AgriBank Investment Bonds (IBs). IBs can only be purchased directly from AgriBank, FCB. Carefully review the disclosure information provided to all prospective purchasers prior to purchasing an IB. Farm Credit associations are not authorized to represent AgriBank regarding IBs. You should not rely upon any statement or opinion of such association or its personnel in deciding upon the safety and soundness of IBs or their suitability for your particular situation.