CashPlus is an excellent short-term investment option.

You can link your revolving line of credit with an AgriBank Money Market Investment account and CashPlus can automatically “sweep” your funds to minimize your cost of credit when you have a loan balance.

If you’ve put more funds into your account than are needed for your loan, CashPlus
can automatically invest these surplus funds so you can earn interest. This could save, or actually earn you, hundreds, perhaps thousands of dollars every year.

CashPlus can lower your overall borrowing costs – by delivering your business receipts directly into your revolving line of credit you can reduce your cost of borrowing by keeping your loan balance minimal. Using line of credit drafts to pay bills can save even more because you don’t incur any interest expense until your draft is actually processed.

The CashPlus account pays an attractive interest rate without tying up your funds.  The AgriBank Money Market Investments earn an interest rate that is comparable to a three or six-month CD, but your money stays liquid and is always available to you. You can access the funds at any time in the same way you might otherwise access your revolving line of credit: use the phone, visit our retail office or simply write a draft

Because the funds you invest are used by AgriBank to fund loans under the Farm Credit Act, your earnings may not be subject to state or local income taxes.  Consult your tax advisor for a more complete review of the tax implications.

CashPlus FAQ's

Legal Disclaimer

This is not an offer for the sale of CashPlus accounts. Such accounts are not insured by or a direct obligation of the United States government. CashPlus accounts can only be purchased directly from AgriBank, FCB. Carefully review the disclosure information provided to all prospective purchasers prior to purchasing. Farm Credit Services of America is not authorized to represent AgriBank regarding CashPlus accounts. You should not rely on any statement or opinion of Farm Credit Services of America's associations or personnel in deciding upon the safety and soundness of CashPlus accounts or their suitability for your particular situation. Certain terms and conditions apply to CashPlus accounts.