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News & Alerts

Bank Named a "Preferred Lender" by Farm Service Agency

January 30, 2014

USDA's Farm Service Agency (FSA) has named The Peoples Community Bank a “Preferred Lender,” which is the highest designation lenders can hold in the guaranteed farm lending program.  FSA guarantees real estate, operating and line of credit loans made by commercial lenders to farmers.

Wisconsin Farm Service Agency executive director, Brad Pfaff, said “We are pleased to welcome The Peoples Community Bank into the Preferred Lending Program and look forward to working with them and their customers in the years ahead.”

The Preferred Lender Program rewards experienced lenders with a proven track record, by streamlining and adding flexibility to the loan application process, expediting loan approval, and other servicing decisions.  Lenders with preferred status have broad authority to make and service FSA guaranteed loans, and can utilize their own underwriting and servicing policies.

The Peoples Community Bank serves customers in southern Wisconsin, and has branches in Mazomanie, Arena, Barneveld, Plain and Spring Green.  The Farm Service Agency is the lender of first opportunity for farmers, offering direct and guaranteed loans.

More information about our Agri-business financial services