ACP Interest Rates
Current ACP Rate 0.20% Effective 9/1/10
Voluntary Advanced Conditional Payment (ACP) accounts provide interest-bearing trust accounts to borrowers who have excess funds seasonally. Funds are easily accessed and may be applied to their loan balance, as needed, at a later date.
- ACP accounts offer a market-competitive cash management option for borrowers.
- The interest rate paid on the account will be a monthly variable rate based on the 30-day Discount Note Rate less a margin as established by the association's Asset Liability Committee.
- Interest on the accounts is compounded monthly.
- Voluntary ACP Accounts are not federally insured but are backed by the financial strength of Great Plains Ag Credit.
To receive more details on our loan plans and to receive an interest rate quote, contact a Great Plains Ag Credit office.