American Federal is again ranked a “Top 100 Ag Lender” by the American Banker Association (ABA).
Each quarter, the ABA ranks financial institutions across America based on ag loan volume and concentration.
American Federal has been listed as a leading farm lender in the United States by the ABA for several years in the current and the last decades.
When American Federal opened its doors for business in 1891 as a neighborhood financial association in East Grand Forks, Minnesota, it was at the heart of agriculture productivity in the Red River Valley.
During the past 129 years, that deep connection with the land and the region’s farmers and ranchers has only grown. A testimonial to that growth and our trusted relationships with our clients comes in the form of American Federal being recognized as a Top Ag Lender in the United States.
Throughout the decades, in good times and throughout challenging times, we have worked with farm owners and producers to help them be successful and achieve their goals. During the first and second rounds of the Paycheck Protection Program this year, American Federal submitted applications for 665 small businesses and farmers, totaling $45 million in loan assistance for our clients, and received funding from the Small Business Administration for 100 percent of the applicants.