Category: Agriculture

Spotlight Feature: Mortgage & Consumer Loans

Consumer Loan

From new homes, vehicles, construction, and everything in between Raccoon Valley Bank is here to help! We recognize the importance of owning your own home or purchasing your first vehicle. With such large milestones of accomplishment, we want to assist you in crossing your t’s and dotting your i’s, so that when you get your new purchase it’s everything you hoped for!



Purchasing your own home is still very much a part of the “American Dream,” and Raccoon Valley Bank helps make home ownership possible. By offering fixed-rate mortgages, adjustable-rate mortgages and mortgage refinancing options, Raccoon Valley Bank can help you find the ideal mortgage solution. Visit the Mortgage Center for more information and to apply for a mortgage today!


Types of Mortgages

FHA – Most commonly used among new homeowners this loan option requires a smaller down payment and offers payment flexibility to fit your current income.


USDA – Typically used in more rural areas, the USDA loans are a great option if you’re looking to live in the countryside, or are repairing an older home.


VA – If you’ve served in the military, active or reserve, this a great option for you! With low down payments and terms built for veterans, these loans can be great for a first-time home buyer.


Traditional – This is our most common mortgage option which comes in 5, 15, and 30 year terms. Be sure to check our rate watch to find the best time for your next mortgage financing.


Consumer Loans

Whether you are trying to meet a personal financial goal, become more independent or are met with unplanned costs, there are times where you need additional funding, and Raccoon Valley Bank is here to help!


Auto – Finance your new car, truck, mortorcycle or other motorized vehicle with our helpful lending offerings.


Personal –Whether you’re looking to finally get that lake boat, or an RV to travel the country in, we have specified financing options for every situation.


Home Equity Line of Credit – Finally complete that home renovation or addition! Try using this type of lending option when your budget is a more of a ballpark figure, but not necessarily an exact number.


With lending capabilities for nearly any project, Raccoon Valley Bank is your trusted lender for all things financial. Stop by our nearest location today, and share with us your next purchase, we’ll help get you started!

Fall: The Best Time of Year in Iowa

Fall is a busy time of year in Iowa with harvest season being the main activity for thousands of farm families.
Fall and October mean a couple of certainties in Iowa: football on weekends, a return of your jacket to your wardrobe and harvest season. Agriculture has always been the backbone of Iowa’s agriculture since people first came to the Fields of Opportunities. The might of Iowa’s agricultural production is obvious; the state is the number one producer of corn, soybeans and hogs for slaughter.
However, contrary to popular knowledge, Iowa produces a lot more than just corn and soybeans. It would be an understatement to say that Iowa’s economy would be dismal without the impact of agriculture:

  • Total number of farms: 92,200
  • Corn value production: $13.5 billion
  • Soybean value of production: $5.92 billion
  • Cash receipts for cattle and calves: $3.84 billion
  • Cash receipts for hogs: $6.98 billion
  • Cash receipts for dairy: $849.1 million
  • Value of egg production: $990.5 million

*All values from 2012 as reported by the Iowa Department of Agriculture
Iowa’s farm families produce food and feed products that make it into the homes of millions of people not just in our state, but across the Midwest and throughout the nation. Their tireless work ethic and commitment to getting the most out of their crops and animals no matter what Mother Nature throws at them make us proud to serve so many of their families.
From personal banking needs to financing for equipment, land, real estate and machinery, Raccoon Valley Bank has and will always support our local farm families. Taking care of our farm families is about more than just money, too. It’s about helping them grow over time, whether that means an expanding family, a new home, new farming equipment or helping a teen driver get their first car. All of these things go into building a lasting, mutually beneficial relationship.
Raccoon Valley Bank wants to send out a huge thank you to all of our farm families during this harvest month. Thank you for your commitment, dedication and strong work ethic. If you have a financial need, large or small, the staff at Raccoon Valley Bank would be glad to help.
We hope to see you soon!

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