Agricultural Loan Services

Interra Credit Union was founded by members of the agricultural community. The rich agricultural heritage of the communities we serve remains the credit union’s heritage, too.

The agricultural “trade area” served by Interra Credit Union primarily includes Elkhart County and the surrounding counties of Marshall and Fulton; parts of Lagrange, St. Joseph, Kosciusko, and Noble counties, all in Indiana; and also in the lower Michigan counties of Cass and St. Joseph.

There’s a close relationship

When you work with an ag lender from Interra Credit Union, you’re talking to someone who speaks your language. They know farming in our market area and understand local values and lifestyles. They live in the same places you live, and want nothing more than for your operation to succeed and prosper. That shows in the credit union’s lending philosophies and practices. When you do business with Interra Credit Union, you’re working with a safe and sound financial institution.

Take a look at the loan services available to support your agricultural operation. To learn more about agricultural services at Interra Credit Union, please contact us or visit an office near you.

Helping your operation grow

Mortgages

With a history of serving the farming community for more than 75 years, Interra Credit Union maintains a significant ag mortgage portfolio. Area farmers look to Interra for mortgage financing. They like a local financial institution and they like working with experienced ag lenders, who provide customized mortgage loans:

Varied Programs, with amortization up to a 30-year term
- 1-3-5 year adjustable options, or
- 15-year fixed balloon loan.
Financing up to 75% loan-to-value
Competitive rates

Operating loans

Interra Credit union provides financing for dairy, grain and livestock operations.

For your convenience, operating loans are set up as a line-of-credit with an annual review, and you’ll save time with easy access from a checking account.
Operating loans come with flexible terms and competitive rates.
Operating loans are offered for 75% of loans to security, including livestock, machinery, equipment, or other commodities.

Intermediate loans

You can enjoy flexibility for your unique operation. Intermediate term loans are available to finance livestock, machinery and equipment.

Terms up to six years
Fixed and adjustable rate options
Monthly, quarterly, semi-annual, or annual payment structures

Business Services