Farm Cash Management®
The Farm Cash Management® product offers a convenient way to earn income from on-hand cash by combining the return of a short-term investment account with the convenience of your Farm Credit Midsouth revolving line of credit.
You have constant access to your cash—if you withdraw more than your investment and earnings total, Farm Credit Midsouth will automatically access your revolving line of credit.
Whenever your payment is greater than the balance in your revolving line of credit, you have the opportunity to automatically invest the surplus in a short-term AgriBank Investment Bond. Interest accrues daily and is added to investment at the end of the month.
Benefits of the Farm Cash Management Plan include:
- Pays interest rate for a liquid investment.
- Earnings are exempt from state and local income taxes.
- Cost of borrowing is reduced because investment earnings both delay and reduce the need to draw on your line of credit.
- Provides automatic fund management for maximum convenience and simplicity.
LEGAL DISCLAIMER This is not an offer for the sale of Farm Cash Management® (FCM®) investment accounts or AgriBank Money Market investments. Such investments are not insured by or a direct obligation of the United States government. FCM investments can only be purchased directly from AgriBank, FCB. Carefully review the disclosure information provided to all prospective purchasers prior to purchasing. Farm Credit associations are not authorized to represent AgriBank regarding such investment accounts. You should not rely on any statement or opinion of our associations or personnel in deciding upon the safety and soundness of FCM accounts or their suitability for your particular situation. Certain terms and conditions apply to FCM accounts.