Celebrating National Ag Day

March 24, 2020 by First Federal Bank

national-ag-dayAt First Federal Bank, we value the essential role of agriculture in maintaining a strong economy. March 24 is National Ag Day, a day to celebrate and recognize the contribution of agriculture in our everyday lives.

According to the Agriculture Council of America (ACA), each American farmer today feeds more than 165 people. And the need for food produced in the U.S. is dramatic. As the world population increases, there is an even greater demand for the food and fiber produced in the United States. ­ There are over seven billion people in the world today — that’s over seven billion mouths to feed every day. It’s no wonder agriculture is our nation’s #1 export.

Agriculture provides almost everything we eat, use, and wear on a daily basis, and is increasingly contributing to fuel and other bio-products. New technology means farmers are more environmentally friendly than ever before. And with current events, the need to support agriculture is clear.

FFB is proud to offer United States Department of Agriculture (USDA) loans, designed for businesses in rural communities. Some of the best farm equipment loans come from the USDA. Equipment loans can be used to purchase physical assets for your business.

In addition, we offer a wide range of small business lending options. Our professionals can help you determine the right type of loan for you. We’ll help you navigate the process and ensure your business keeps on growing, just like the crops of America’s farmers!

Categories: USDA, Small Business