Loan Solutions

Agricultural Lending

Our wide range of agricultural loans are designed to meet your unique needs at any stage of your farming operation. Agricultural financing is a specialty of First State Bank. We make a variety of loans that are tailored to the life and business of farming, as well as to agri-businesses which serve them.

  • Operating Line of Credit
  • Facility Loans
  • Equipment Loans

Business Lending

Our team realizes no two businesses are the same. This is why we create a loan to meet your specific needs. LENDING Made Personal! Contact us today!

A revolving line of credit provides working capital for a business which has sales growth greater than its working capital. In addition, a seasonal line of credit helps fund inventory and carry accounts receivable during business peaks. Your business will have the cash it needs, when it’s needed.

Expand your business or consolidate debt with our business term loans. This type of financing is perfect for upgrading equipment, acquisition of a business or debt restructuring.

Finance the purchase, renovation or construction of your manufacturing facility, multi-family property, office or retail space with First State Bank Shannon-Polo-Lake Carroll.

Mortgage Lending

Are you in the market to buy a house? We make the home buying process fast and easy with plenty of loan options to fit your needs. Buying a home can be complicated, but it doesn’t need to be.

The loan team at First State Bank Shannon-Polo-Lake Carroll is here to help you decide if it is the right time for you to refinance your current loan. Get cash back to remodel, consolidate debt, pay for college or simply lower your payment!

  • Home Repairs
  • Remodeling
  • College
  • Second Home and Much More

Whether you already are a landlord and thinking of buying additional properties – OR – you’re ready to invest in rental properties, let us help. We have various options to get you started or to enhance your current property list!

Are you longing for a place of your own to escape to on the weekends or during your vacation? Our loan officers are experts at helping you purchase a second home – giving you security, as well as some fun!

Building a new home? Get all of your home construction loan options and information under one convenient roof at First State Bank Shannon-Polo-Lake Carroll

Interested in additional information on homeownership & homebuyer guides? Click the button below to visit our business partners.

Buying a home? Contact one of our experienced mortgage lenders today!
Stop in or apply online with the loan officer of your choice!

Jeff headshot

with Jeff Norton
NMLS# 417102

Justin headshot

with Justin Schubert
NMLS# 1200037


with Jennifer Kolling
NMLS# 2006422

Mike Allspaugh headshot loan officer

with Mike Allspaugh
NMLS# 2418871

Personal Lending

Contact our loan team today for a no-obligation consultation.

Apply for new car loans, used car loans, or auto loan refinancing.

We are here to help you finance your boat, recreational vehicle, motorcycle, jet ski, ATV, snowmobile and other types of vehicles. Just like our car loans, these loans feature competitive rates