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~ Who is ~ FCS Financial?
As a member-owned cooperative governed by
draws people to the country and what is involved
stockholder-elected directors, FCS Financial has
in financing the rural lifestyle. We’re happy to
been providing financial products and services
provide information and an insider’s perspective
since 1916 to those who call rural Missouri home.
on virtually all aspects of rural living.
We are the trusted
Whether your family has been around for
lending source to
thousands of Missouri farms and farm-related
generations or you’re new to the area, we invite
businesses. We understand agriculture, know
you to get to know us. And to let us get to know
what it takes to build and keep an agricultural
you. At FCS Financial, we’re personally committed
business on solid financial footing and have
to not only providing you the right resources
experienced the ins and outs as well as the ups
designed with your needs in mind but also the
and downs of the ag industry.
best customer service possible.
But we’re more than experts
in rural
financing. We’re experts in rural living. Most of us grew up on farms or in rural communities. And many of us still live on farms today. We understand it because we live it. We know what 3
Products
Farm Real Estate Loans
Lending programs to help you purchase a farm or refinance existing loans. Competitive rate options are available. Monthly, quarterly, semiannual or annual repayment schedules let you match your payments to your cash flow.
Operating Loans
Our credit line gives you anytime access to pre-approved funds you can use however you choose. Only pay interest on the funds you withdraw. Borrow and repay funds as often as you like prior to maturity on a revolving line of credit. If you qualify, you can save time by not having to renew your operating loan each year.
Equipment and Livestock Loans
Competitive rates, longer terms and flexible payment schedules that match your cash flow. Ask your FCS Financial office about our programs for financing everything from a herd of cows, machine sheds and grain bins to trucks and other major items.
Maybe you want to take advantage of dealer cash discounts? Ask us for a rate-versus-cash comparison. It may show that you’ll come out ahead in the long run by taking the cash discount and using one of our flexible financing plans.
Capital Lines of Credit
Provides a revolving line of credit for equipment, breeding livestock and other capital expenses to use any time throughout the year. Attractive rates, twenty-four-hour access and the freedom to borrow and repay funds as often as you like prior to maturity lets you shop for the best deal.
Young, Beginning or Small Farmers
If you’re a farmer age thirty-five years or younger, a beginning farmer with less than ten years of farming or ranching experience, or a small farm operator generating less than $250,000 in annual gross sales from agricultural production, you may be eligible to borrow up to $500,000 under special rates and terms.
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Rural Home Loans
Many lenders are unwilling to make fixed-rate home loans for larger acreages or properties with agricultural improvements. Not us. We have fixed- or adjustable-rate mortgages available for rural properties of all shapes and sizes.
Lots and Acreage Loans
Found the perfect homesite or lot, but not ready to start living there? We can help you stake your claim and amortize your payments. When it’s time to start building, we’ll help you choose the best home loan and consolidate the two.
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Recreational Property Loans
Competitive rates, a variety of rate types, terms between five and twenty years, and a choice of payment schedules make these loans a great way to purchase property for your favorite pastime or hobby.
Construction Loans
Besides offering attractive rates, our one-time-close construction-to-end loans can mean big savings since you pay closing costs once, not twice.
~ Financial Services ~
Crop Insurance
Don’t gamble on the weather or other hazards. Let us help you minimize your financial risk with crop insurance. A variety of coverage levels are available through Multi-Peril Crop Insurance (MPCI), Pasture, Rangeland, Forage (PRF), and Crop Hail Insurance.
Livestock Insurance
Livestock Risk Protection (LRP) can protect you against declining market prices. Please note that LRP insurance only provides price protection, and does not cover such things as death, loss or rate of gain. LRP insurance is available for swine, fed cattle, feeder cattle and lambs. Livestock Gross Margin (LGM) is available for cattle, swine and dairy producers to protect gross margin for livestock in Missouri and select states.
Leasing
Increasingly popular financing option for virtually all farm vehicles, equipment, machinery and facilities. Typically requires lower initial cash outlay than outright buying. Terms from three to ten years, often with renewal and/or purchase options.
Life Insurance
Should something happen to you, life insurance can provide security for your family. Coverage for FCS Financial loan customers includes credit life and mortgage life with a disability option to protect your family from unwanted debt obligations. Individual disability coverage also is available. Competitively priced level term life insurance available through several national insurance companies.
Appraisals
Our certified appraisers have decades of experience plus frequent training, adhere to quality and ethical standards and have access to a database of current real estate sales information.
Farm Cash Management ÂŽ *
Combines the ease and availability of a revolving operating line of credit with the higher returns of a short-term investment account. When your loan has zero balance excess funds are placed in an account comprised of state and local income tax-exempt AgriBank Investment Bonds.
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Making it easier for you.
Local
Your loan is serviced by an FCS Financial office in Missouri and we are here to assist you when you need us.
Funds Held
Maximize your return on cash. When you have extra income, place it in a Funds Held account that can be used to make future mortgage payments. You earn a competitive interest rate on these funds until they are applied to your next FCS Financial loan payment. (Certain limits apply.)
PAID Program
Our Pre-Authorized Installment Draft (PAID) program saves you time by allowing your monthly payment to be automatically deducted from your bank account. You decide the frequency and from which account to withdraw funds. We do the rest by setting up automatic transfers so you don’t have to worry about missing a payment.
Conversions
Change from one loan product or interest rate to another so you are in control of your interest rate cost and risk. Conversions are generally less costly and easier than refinancing a loan. (Certain time restrictions apply.)
No Prepayment Penalties
You can choose a loan program that allows you to repay a loan at any time with no added cost. Not all loan products offer this feature so be sure to discuss your needs with your FCS Financial loan officer.
Early Principal Payments
Pay ahead whenever you have the opportunity. When you make early principal payments, your next scheduled principal payment will be reduced by that amount already applied. (Cannot be used in conjunction with our Funds Held program and other certain restrictions apply.)
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Online Account Access
Access your account information and make various transactions at your convenience. This free service is available 24 hours a day, 7 days a week by enrolling at www.myfcsfinancial.com.
Patronage
We pay patronage because we are a cooperative that shares its profits with its members. When you finance through us, you become a member of our cooperative and may be eligible to receive the benefit of patronage. At the end of each year, the board carefully reviews our financial situation and the business plan projections before deciding to pay patronage. Patronage is not guaranteed every year.
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~ Community ~ Outreach
Scholarships
FCS Financial believes in the future of our next generation. For that reason, the Board of Directors began the FCS Financial Scholarship Program in 2004 to support higher education for children or grandchildren of FCS Financial customers. Each year up to 35 scholarships in the amount of $1,500 each are provided to eligible Missouri high school seniors.
Shaping Rural Missouri Grants
Developing a thriving rural Missouri is important to FCS Financial. The Shaping Rural Missouri grant program offers Missouri 4-H and FFA organizations $500 grants to implement projects that will benefit their rural communities and youth development.
4-H Endowment
FCS Financial provided an endowment to establish the FCS Financial - Missouri 4-H Animal Science Fund supporting animal science programs, including dairy, livestock and horse judging.
FFA Curriculum
The need for a new curriculum focusing on agriculture management and economics was evident based on a survey from Missouri’s ag teachers. FCS Financial provided the grant to fund the development of the Agriculture Management, Economics and Sales curriculum to be used in all Missouri high schools.
In-Kind Donations
In-kind donations of plates, napkins and cups are provided annually to 4-H to support their food stands at county fairs. Additionally, we provide paper goods to many ag organizations for events around the state.
Youth Sponsorships
Our future is in the hands of our youth. To help them learn life and leadership skills, FCS Financial sponsors many activities and events such as the FFA Convention, livestock judging and speech contests.
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Food Bank Donations
Farmers feed the world and FCS Financial supports that mission by donating cash to Missouri’s food banks each year. Additionally, many of our employees volunteer their own time to help at local food banks.
Missouri Farmers Care
Supporting Missouri farmers and sharing their stories is a key function of Missouri Farmers Care. As a major sponsor of the organization, FCS Financial works with Missouri’s commodity groups and other members to educate consumers about agriculture.
State Fair
FCS Financial has been a longtime supporter of the Missouri State Fair. From hosting a customer appreciation event to sponsoring youth activities and the FFA Building, our roots grow from agriculture.
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Adult Education
At FCS Financial we believe success stems from learning more about your industry. That is why we provide educational opportunities for our customers. We host free meetings, round tables and webinars throughout the year on a variety of subjects such as marketing, crop insurance, estate planning and global economics.
Community Service & Sponsorships
Our employees provide countless hours supporting their local communities. You won’t have to look far to find FCS Financial employees serving on your local school board or as 4-H leaders, FFA judges, youth coaches and county fair volunteers.
Ag Youth Funding FCS Financial Connect
Financing an operation can be difficult when you are starting out. FCS Financial Connect helps young, beginning and small farmers finance their operations and plants the seed for success. Connect engages farmers by focusing on four major areas including knowledge sharing, credit standards, communication and representation in their cooperative.
Boost Your Impact
Charitable giving is important to our employees and the communities we serve. While FCS Financial provides funding for many agricultural events, the employee’s Boost Your Impact program allows each employee to make a difference by matching donations to the charity of their choice. The association matches up $25 per employee per year. To further support the causes our employees believe in, each month the charities are entered into a drawing and one receives an additional $500. 18
As part of our commitment to Young, Beginning and Small Farmers, this program is aimed specifically at Missouri 4-H and FFA members and provides interestfree funds for qualifying projects repayable within one year. The program assists students by providing financial aid and educational assistance. Our goal is to emphasize the importance of accurate records, budgeting and honoring obligations to repay – setting up the future farmer or rancher with the tools, skills and contacts to move forward into a rewarding and successful agricultural career. Those interested can find more information on our website.
Partners in Doing
FCS Financial employees understand that volunteerism builds communities. And, they are some of the first to step up when there is a need. To support their efforts, FCS Financial provides each employee 8 hours per year during business hours to volunteer for charity organizations.
Whenever you’re ready. Call, click or come on in. 1-800-444-3276 MYFCSFINANCIAL.COM
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Find an FCS Financial office near you:
1.800.444.3276 WWW.MYFCSFINANCIAL.COM
Growing Relationships. Creating Opportunities. is a trademark of FCS Financial, ACA. FCS Financial is an Equal Opportunity Provider. Current life insurance carriers available at myfcsfinancial.com *Farm Cash Management is a registered trademark of AgriBank, FCB. Certain terms and conditions apply to these accounts. Carefully review the disclosure information provided to all prospective purchasers prior to purchasing. Farm Credit associations are not authorized to represent AgriBank regarding AgriBank Money Market investments.
Š 2014 FCS Financial, ACA.