Citizens State Bank is dedicated to helping small communities by providing financial backing to businesses within these communities.
To ensure individuals and businesses within small communities have access to funds, Citizens State Bank is committed to the U.S. Department of Agriculture (USDA) loan programs.
Business and Industry Guaranteed Loans (B&I):
The purpose of the B&I Guaranteed Loan Program is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities. B&I loans are normally available in rural areas, which include all areas other than cities or towns of more than 50,000 people and the contiguous and adjacent urbanized area of such cities or towns.
Business and industrial acquisitions
Business conversion, enlargement, repair or development
Purchase of equipment
Profit and nonprofit corporations
Municipality, county or other political subdivisions