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News of the recent Heartbleed security bug has caused customers to question the integrity of the online systems they have grown to trust. Frontier Farm Credit systems, including online banking, have been reviewed and are not vulnerable to the Heartbleed bug at this time.
Frontier Farm Credit provides financing for the purchase, refinancing, construction or remodeling of homes in the country, with no acreage limitations. This includes improvements such as barns, outbuildings, ponds and fencing.
Frontier Farm Credit had a very good year in 2013! Thank you for your business!
We are pleased with Frontier Farm Credit’s results in 2013 with solid growth, net income, and plans for another $7 million in patronage to our customers. Look for patronage week celebrations to be held at our regional offices again this March. Jim Aylward captures the data in his “From the Field” column later in this newsletter.
Tax Changes in Store for 2014
This year likely will bring a new set of tax laws for agriculture. We have grown accustomed to Bonus Depreciation and expanded Section 179 deductions for the past few years. However, Bonus Depreciation — which provides an additional 50 percent write-off in the first year for qualified equipment — expired on December 31, 2013. Section 179, providing a deduction of up to $500,000 for qualified equipment in 2013, has been reduced to just $25,000 in 2014. It is unknown if Congress will extend, expand, or alter these tax breaks.
- Peace of Mind the Goal When Financing Rural Property
- Crop Insurance Processes, Products Provide Risk Management Support for Customers
- The Privilege of Serving Farmers
- Sharing the Success
- Little farms, big impact
View all of the Featured News here.
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