PERSONAL BUSINESS AGRICULTURE INVESTMENTS CONTACT US LOGIN Agriculture Lending Agriculture is vital to our Wisconsin economy. Mound City Bank offers a broad array of products and services designed to meet the ever-changing needs of our Ag customers. Agriculture continues to move toward more specialization, as our producers become more productive and efficient. Contact Agriculture ExpertsApply Now Revolving Line of Credit Allows you to borrow, repay, and re-borrow funds throughout the term of the loan. Typically used to purchase crop inputs, feeder livestock, or feed. Pre-approved credit available whenever you need it. Credit lines available in an amount to serve your needs. Able to repay and re-borrow at your convenience. Flexible repayment terms with principal and interest paid monthly, semi-annually, annually or anytime (no pre-payment penalty) by maturity. Non-Revolving Line of Credit Allows you to borrow up to a pre-determined amount. Used to cover construction costs or start-up financing. Pre-approved credit available whenever you need it. Credit lines available in an amount to serve your needs and repayment ability. Flexible repayment terms with interest billed monthly until permanent financing is established. (no pre-payment penalty) Personal Property Loans Used to purchase breeding livestock and machinery. Easy-to-budget fixed payments. Typically 3 to 7 year amortization. Secured by livestock and machinery. Real Estate Loans Used to purchase land or for building construction and renovation projects. Easy-to-budget fixed payments. Typically 10 to 30 year amortization. Secured by real estate. Farm Service Agency (FSA) Guaranteed Loans Mound City Bank works extensively with guaranteed loans and has obtained Preferred Lender Program (PLP) status to better serve you. Used by farmers who do not qualify for conventional financing. The money is borrowed from the bank. Our qualified lending personnel complete all loan documentation. FSA guarantees up to 90% of any losses on the loan to the bank. Lines of credit, personal property loans, and real estate loans available. FSA Beginning Farmer Down Payment Loans Program for qualified beginning farmers to purchase land. Applicant must make a 5% cash down payment. FSA directly lends 45% of purchase price up to $300,000 with a 20-year term and a fixed interest rate as low as 1.5%. FSA guarantees up to 95% of any losses on the loan to the bank. Mound City Bank lends 50% of the purchase price with a 30-year amortization. Joint Financing 50/50 Loan Open to beginning and non-beginning farmers No down payment required Purchasing land, buildings or construction Mound City Bank has a first mortgage on the property FSA holds a second mortgage on the property, up to 50% of the value, or $600,000 at a low interest rate with long-term financing WHEDA Loans Wisconsin Housing and Economic Development Authority WHEDA CROP loans provide up to 90% guaranteed loan amounts for loans less than $100,000 and 80% guaranteed loan amounts for loans $100,000 or more for expenses for farmers who do not qualify for conventional financing. WHEDA FARM is a guaranteed loan program for producers who wish to expand or modernize an existing operation. Other fees and restrictions may apply. Secondary Market Fixed Rate AG Mortgages 1, 3, and 5 year Adjustable Rate mortgages. 10, 15, 20, and 30 year Fixed Rate mortgages. Other fees and restrictions may apply. Privacy Policy Adjust Font Size Mound City Bank Footer Logo Contact Us Locations & Hours Copyright © 2021 Mound City Bank. All Rights Reserved. NMLS #440728 Equal Housing Lender Federal Deposit Insurance Corporation Contact Us Email Us Facebook Instagram