American State Bank & Trust Company is proud to be the lead Ag bank in our community. The Ag Department offers loans for short and intermediate term credit along with longer terms for real estate loans. We utilize the guarantee programs available through the Farm Service Agency and Bank of North Dakota. We take time with our customers to understand their operations and help them develop a lending program that fits their needs.
While the number of farmers and ranchers in our area has declined over the years, our progressive area operators continue to grow in both size and efficiency. With this growth, it becomes more important for lenders to work side-by-side with farmers and ranchers in developing a financial plan that works for everyone.
- Operating Loans – Lines of Credit
- Term Loans – Purchase or Refinancing of Livestock and Equipment
- Farm Real Estate Loans
- Vehicle Purchases
- FSA (Farm Service Agency) Guaranteed Loan
- BND (Bank of North Dakota) Program Loans