The First National Bank of Ottawa

                                          

 

       


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FirstPhone 866-434-0044


Farm Services

  The First National Bank of Ottawa offers the following services to our Farmers:

Agriculture Loans

  • Short-term Operating Loans
  • Machinery and Equipment Loans
  • Farm Real Estate Loans
     

Our Farm Managers provide minimal consultation to complete management services

  • Knowledge of farm, farm operator, farm owner, and expectations for farm operation
  • Farm Inspection
  • Leasing alternatives and financial benefits
  • Negotiation of lease agreements
  • Consider optimum crop rotations, tillage practices and compliance with government regulations
  • Market commodities
  • Monitor participation and compliance with government programs
  • Work with chemical applicator to maintain required pesticide usage documents
  • Recommend and make sure appropriate measures for land use restrictions are implemented
  • Monitor program for soil testing and long term fertility improvement
  • Suggestions for improvement and maintenance of property
  • Keep farm owner up-to-date and informed of decisions
  • Seek approval when necessary
  • Level of involvement is at the farm owner's discretion


The First National Bank of Ottawa will evaluate the financial status of our clients.   With extensive experience in agricultural financial analysis as a basis.  Consultation services can be provided for an entire farm operation, or a single enterprise.

Analysis includes:

  • Cash flow budgeting and analysis
  • Financial statement analysis
  • Operating and capital financing
  • Farm Service Agency Certified Lender*

 


Kevin Hughes
Agriculture and
Commercial Loan Officer

Contact Kevin Hughes via Email
 

Paul Marshall
Farm Manager
Contact Paul Marshall via Email

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* Illinois Farm Development Authority / Approved Lender
 


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First Ottawa Bancshares, Inc. is the parent company of The First National Bank of Ottawa and its Branches: 
The First National Bank of Ottawa - Northfield, The First National Bank of Ottawa - Plaza, The First National Bank of Ottawa - South, First National Bank - Morris, Streator National Bank, First National Bank - Yorkville, and First National Bank - Minooka.  First Ottawa Financial Services is a division of The First National Bank of Ottawa.

"Newest Ideas in Banking"

Main Facility: 701 LaSalle Street, Ottawa, Illinois 61350
815-434-0044

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