Banking Solutions for Agricultural Communities
Understanding the unique financing needs of the agricultural sector
Unlike traditional businesses, the agricultural industry faces many uncertainties, like weather or crop pests, which can have a major impact on the bottom line. Founded in 1921 in Lynden, Washington, Peoples Bank was established as a community partner for local farmers. Because our roots are based in agriculture, we have a genuine understanding and appreciation of the role Mother Nature plays in our customers’ operations. Our experienced lenders offer flexible financing terms and a full-service agribusiness solution designed to help manage the unpredictability of your business and achieve long-term success.
- Farm Operating Lines of Credit
- Machinery and Equipment Financing
- Livestock Purchases
- Ag Real Estate
- Growth and Expansion Financing
- Crop Loans with Various Repayment Options
- Local financing and expertise
Enfield Farms - Lynden, WA
"It’s super important to have a bank that understands the business, understands the community, understands what we’re doing, and our challenges – and that Mother Nature plays a big role. We see Peoples Bank as a partner. I think it’s all about having a relationship with your banker, someone who knows you and knows your business.” Andy Enfield, Enfield Farms
Financing Family Farms
As a locally owned bank with third generation family leadership, we know firsthand what it takes to manage a family business, and successfully pass it on to the next generation. We offer a full suite of services and loans that fit the needs of this specialized industry. Loan decisions are made locally by bankers who understand farmers, which means you'll have a decision sooner than you think.
Articles to Help Your Business Succeed
Lenders help family farms navigate uncertainty as demand increases for locally produced food
According to the USDA, there has been a 350 percent increase in farmers markets in the past 20 years, driven by a strong demand for locally produced products.
How a community lender can help family farms achieve their financial dreams
One of the most interesting aspects of agriculture is that it’s not typically an industry that people decide to join on a whim. Instead, it’s usually a family operation passed down from generation to generation. This means a large part of a banker’s job is helping customers plan ahead and be ready to transition their operations to the next generation when the time comes.