When you need to borrow, rely on Philo Exchange Bank! We offer a full line of loans, including personal, vehicle, real estate, agriculture, and business. All of our loans feature competitive interest rates, along with a choice of terms and repayment the convenience of local approval!

Please contact our loan officers at our Allerton, Philo, or St. Joseph locations for assistance with your loan needs.

Ag Services
East Central Illinois is home to some of the world's most valuable farmland. We understand the needs of agriculture professionals and offer flexible approaches to all types of lending services.

Farm Production, Operating Loans, and Lines of Credit
When you need seasonal or cyclical funds for expenses during the growing season, we have a variety of ways to help. For your convenience, funds can be deposited directly into your checking account, and a loan or line of credit can be repaid with proceeds from the sale of the commodity produced.

Leasing is flexible, practical, and cost effective. Consider leasing for tax advantages, to conserve operating capital, to keep lines of open credit, avoid costly down payments, and better manage your balance sheet.

Machinery and Equipment Loans
Contact us for the financing to purchase farm machinery, equipment, and vehicles needed to operate your farm business. Terms range from 1 to 5 years, and our loan officers will work with you to structure a payment schedule around your specific cash flow needs.

Home Equity Line of Credit
What are you dreaming about? Home renovation? Taking a fabulous vacation? Planning a wedding? Paying off all your debt? Do it all! Contact us to discuss how a HELOC can make your dreams come true.

Real Estate Loans
Long-term financing structured to match the cash flow of your farm is available for purchases of additional farmland, building structures and homes on your property.