Agriculture Loans

American State Bank is ready to help you with your financial needs. We offer a variety of loans as described below. Talk to one of our experienced loan officers today about our rates and how to obtain a loan at 218-294-6111 or Toll Free 1-877-814-9937 in Grygla or 218-687-2865 or Toll Free 1-800-434-7721 in Erskine.

Loan Officer Bryan K. Grove – bryan.grove@asbgrygla.com
Loan Officer Laurie J. Polansky – laurie.polansky@asbgrygla.com NMLS #504883
Loan Officer Kristopher Munter – Kristopher.Munter@asbgrygla.com NMLS #1380989
Loan Officer Melissa J. Senger – melissa.senger@asbgrygla.com NMLS #407689

• Farm operating loans can help with your everyday operating expenses for feed, seed, fertilizer, fuel, etc. Convenient revolving lines of credit or single payment loans are provided with flexible terms to meet your operation’s cash flow requirements.
• Term loans to help you upgrade or purchase equipment might fit your needs. American State Bank can provide the financing you need for capital expenditures on flexible repayment terms that fit your budget.
• Mortgage loans to finance expansion for new land or buildings are available to help your operation grow.
• Agricultural Best Management Practices (BMP) Loan Program. Low interest term loans provide financing for eligible soil conservation & water quality improvement projects.
• Farm Service Agency (FSA) loan programs. American State Bank partners with FSA on a variety of loans to farmers. Oftentimes, these loans are available to beginning farmers who cannot qualify for conventional loans because they lack financial resources. FSA loans can be used for operating purposes, or for the purchase of land, livestock & equipment.