Ag Loans

Flexible agricultural financing from Peoples State Bank helps local farmers and businesses invest, expand, and succeed.

Peoples State Bank is proud to support the farmers and producers who form the backbone of our local economy. Our agricultural lending team understands the unique challenges of today’s farming environment and is committed to providing flexible, reliable financing tailored to your operation. Whether you’re managing row crops, livestock, equipment, or land acquisition, our Ag Relationship Managers bring the experience and decision‑making authority you need in a trusted financial partner.

Our Agricultural Loan Solutions

Ag Lines of Credit

Our Ag Lines of Credit provide convenient access to working capital throughout the year. Designed to support seasonal needs, livestock operations, and input costs, these lines give you the flexibility to borrow when you need funds—without reapplying.

Benefits Include:

  • Finance farm inputs or livestock operations
  • Competitive interest rates
  • Borrow as needed through a revolving note
  • Flexible collateral options
  • Manage draws and repayments through Banno online or mobile banking

Our Ag Relationship Managers understand the complexities of modern agriculture and are ready to help you strengthen your operation with responsive, knowledgeable support.

Farm Real Estate Loans

Whether you’re purchasing land, refinancing existing real estate, or making improvements to your farm, Peoples State Bank offers financing options designed for long‑term growth.

Features Include:

  • Variable-rate loans with one-, three-, and five-year repricing options
  • Amortizations up to 25 years
  • Financing for land purchases, facility construction, or expansion
  • Participation in the Illinois Finance Authority Beginning Farmer Program
No man but feels more of a man in the world if he have a bit of ground that he can call his own.
— Charles Dudley Warner

Farm Equipment Loans

When it’s time to upgrade machinery or expand your operation, our equipment financing provides the support you need to stay competitive.

Benefits Include:

  • Pre‑approved financing to strengthen negotiating power

  • Payment schedules tailored to your cash‑flow cycle

  • Competitive fixed or variable rates

  • Flexible terms

  • Balance tracking and payment management through Peoples Express+ Internet Banking

Whether you’re purchasing a combine, tractor, planter, or grain storage, we’re here to help you invest confidently in your operation’s future.

Guaranteed Ag Loans

For beginning farmers, expanding operations, or producers experiencing cash‑flow strain, our guaranteed loan programs through the Farm Service Agency (FSA) and the Illinois Finance Authority (IFA) offer additional flexibility and support.

Peoples State Bank is proud to be an FSA Preferred Lender, one of the first community banks in Illinois to earn this designation.

Program Advantages Include:

  • Longer terms for lower payments
  • Reduced down‑payment or collateral requirements
  • Flexible collateral options including crops, livestock, machinery, equipment, and real estate
  • Financing provided directly through your Peoples State Bank Relationship Manager

Speak With an Ag Lending Specialist

Our agricultural lenders are ready to help you find the right financing for your operation. Contact your nearest Peoples State Bank location:

  • Newton: Call 618-783-2321 — Aaron Ochs or Dustine Smithenry

  • Sumner: Call 618-936-2396 — Eric Seitzinger

  • Lawrenceville: Call 618-943-3336 — Kevin Strange

  • Salem: Call 618-548-2200 — Nick Grandt

  • Vandalia: Call 618-283-2211 — Jennifer Richards or Justin Rubin

  • Greenville: Call 618-664-1111 — Jennifer Richards