Official Newspaper of Eddy County since 1883
Official Newspaper of Eddy County since 1883
Farm Credit Services of North Dakota announced that for a third time they will not pass along a Federal Reserve interest rate increase to 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 percent). Now for a third time in 2018, Farm Credit Services of North Dakota will hold their variable interest rate. Even though the Federal Reserve raised rates – Farm Credit Services of North Dakota 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.
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. For more information, visit http://www.farmcreditnd.com. Or call the local office in Carrington at (800) 264-2836.
