Farm Cash Management Account
Get more for your money with an AgStar 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: .30% (.30% APY) effective April 1, 2009.
Add a Farm Cash Management Account to My Loan