Farm Service Agency (FSA) Loans

First Service Bank is an FSA participating lender and is approved to offer FSA loan products under FSA’s Preferred Lender Program. The Bank’s knowledgeable staff will work with you to help you meet your goals and determine which program best fits your agricultural needs. We offer the following types of FSA loans:

Farm Ownership Loans

Farm Ownership Loans offer qualified borrowers term loans to:

  • purchase a farm or ranch
  • enlarge an existing farm or ranch
  • make a down payment on a farm
  • purchase easements
  • construct, purchase or improve farm dwellings, service buildings or other facilities and improvements essential to the farm operation
  • promote soil and water conservation and protection
  • loan closing costs

This program offers longer terms for a variety of agricultural financing needs. Fixed and variable rate options are available. Maximum loan amount is $1,399,000.

Farm Operating Loans

Farm Operating Loans offer qualified borrowers loans for:

  • costs associated with reorganizing a farm to improve profitability
  • purchases of livestock
  • purchases of farm equipment
  • farm operating expenses
  • minor improvements or repairs to buildings
  • refinancing of certain farm-related debts
  • land and water development, use, or conservation
  • loan closing and borrower training costs

This program allows access to funds for financing the operating expenses of a farm. Maximum loan amount is $300,000.