Farm Cash Management® Account
Get more for your money with a Farm Cash Management (FCM) account. This short-term investment account can be tied to your operating loan and pays you a return on your excess funds, similar to a money market account.
This service automatically manages your funds to pay down your operating loan when you have a loan balance. If you’ve deposited more funds into your account than you need for the loan, the excess funds are automatically invested in your Farm Cash Management money market investment account so that you can earn interest on them.
Farm Cash Management is a free, easy and convenient way to put your money to work where it gives you the best return, and it can help you save or earn up to thousands of dollars a year.
FCM Rates and Terms
FCM rates earn an interest rate comparable to a 3- or 6- month certificate of deposit with some additional benefits:
- You have access to your cash at any time.
- Interest earnings are exempt from state and local income taxes.
- Establishing an account is easy.
Current FCM rate: .15% (.15% APY) effective June 1, 2011.
Add a Farm Cash Management Account to My Loan
“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.”