Farm Credit members can take advantage of our unique FUNDS HELD account and earn interest on funds equal to the interest rate on their loan. Members can invest up to two years worth of upcoming loan payments and each time a payment is due, the amount due will first be deducted from your Funds Held account. Giving you not only a savings vehicle, but more flexibility in managing your payments!
Customers tell us they like Funds Held because of the savings, and also because it's a safety net when cash-flow is tight. If you have built up your Funds Held account, you can use it make your payment, if needed.
Funds Held can be used to make future loan payments, pay taxes or insurance, and is a handy cash-management tool! Make deposits to your Funds Held account anytime and the earned interest is credited with each loan payment.