Farm Credit Services of ND Holds Interest Rate Increase to Customers for a Record Third Time!
Minot, ND, October 1, 2018 – Today Farm Credit Services of North Dakota announced that for a third time they will not pass along a Federal Reserve interest rate increase to its variable rate customers. This is Pat-NOW working for you!
In September 2018, the Federal Reserve again announced a rate increase of 25 points (.25%). Now for a 3rd time in 2018, Farm Credit Services of ND will hold their variable interest rate. Even though the Federal Reserve raised rates – Farm Credit Services of ND did not!
How much does this mean for our loan customers? It means we have saved our loan customers more than $4,000,000! Now that is something to celebrate!
Farm Credit Services of North Dakota continues to be the low interest rate leader. We are proud to be a cooperative working for our customers, and that means giving back on a consistent basis with our Pat-NOW philosophy of low rates.
Stop in and visit with our ag-based knowledgeable staff today to see how Pat-NOW can work for you!
Minot 800-264-1265 Crosby 701-965-2265
Bottineau 800-2643731 Rugby 800-467-5863
Carrington 800-264-2836 Williston 800-264-1095
About Farm Credit Services of North Dakota Farm Credit Services of North Dakota is a member-owned agricultural credit association providing loans to farmers and ranchers for real estate, machinery, livestock and operating needs. FCS of ND also offers life and disability and crop insurances to the rural community. FCS of ND serves 17 counties in northwest North Dakota through branch offices located in Minot, Bottineau, Carrington, Crosby, Rugby, and Williston, including Bowbells Crop Insurance (Bowbells), and Ward County Crop Insurance (Minot). For more information, visit www.farmcreditnd.com.