Pub. 5 2010-2011 Issue 5
January/February 2011 19 Extraordinary Service for Extraordinary Members. loan offered Angelsson and his family the opportunity to purchase a more spacious home in Plattsmouth. Working in partnership with lenders through our guaranteed loan programs, USDA Rural Development helps preserve quality jobs in rural communities, assists rural communities with infrastructure improvements, and provides housing opportunities to thousands of rural Ne- braskans each year. Here are a few highlights of the guaranteed program: • Eligible lenders and projects receive up to a 90 percent guarantee. • The guaranteed portion does not count against the bank’s lending limit. • Guarantees can be sold into secondary markets to generate additional bank income. • The program provides credit enhancement for lenders. USDARural Development has clearly demonstrated what the Recovery Act has accomplished in rural Nebraska—assist- ing more residents and creating jobs that bring a greater quality of life to rural Nebraska. Z For more information, contact Maxine Moul, Nebraska state director for USDA Rural Development, at (402) 437-5551. USDA Rural Development provides funding that helps build rural communities from the ground up. We take pride in our lending partnerships with more than 100 banks in our region. 3100 13th Ave. S., Fargo, N.D. | 800.450.8949 | STATEBANKS.COM MEMBER FDIC GENE UHER TOM ISHAUG HEIDI BYE > Participation loans > Bank stock & ownership loans > Bank building financing > Business & personal loans for bankers Call us for flexible underwriting, competitive rates and fast decisions! GARY KELLER
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