GLACIAL PLAINS CREDIT POLICY
Glacial Plains Cooperative will provide credit under the following terms:
- All purchases made during the month are due and payable by the 15th of the following month. Any balance past due on the last day of the month after the due date shall be subject to finance charges of 1.5% per month (18% annual), with a minimum charge of $1.00.
- All accounts 30 days past due will have a 10% late fee added to the balance.
- A customer who goes 30 days past due on their account will be on a “Cash Basis”. Employees have been directed to refuse charging privileges to any patron whose account is in violation of the Glacial Plains Cooperative Credit Policy.
- Any account that that goes 30 days past due may be turned over for collection.
- On all crop and livestock inputs (fertilizers, chemicals, seed, fuels, feed, etc.), any patron that is past due 30 days or more must:
- Pay cash
- Be prepaid
- Have GPC/Finance company financing established
- Have an irrevocable letter of credit
OTHER FINANCING OPTIONS
In addition to our internal charge account, we also offer our customers financing for inputs through the following providers. Contact Aaron Vadnais with questions about any of these offerings.
CHS Financial Services
- Financing for anything we sell that’s production-related.
- Click below for more details and to download the PDF.
John Deere Financial
- Financing for anything we sell that’s production-related.
- Must be completed online, click below for program details and an online application
Secure™ By WinField United
- WinField® United-branded crop protection products.
- Vended crop protection products sourced by WinField United.
- CROPLAN® seed and partner-branded seed products sourced by WinField United.
John Deere applications can be completed online. E-mail completed CHS and WinField applications to Aaron Vadnais or mail them to him at:
Aaron Vadnais
101 Van Norman Ave.
Murdock, MN 56271
320-875-2811 opt. 2 or 320-314-2320 (cell)
avadnais@glacialplains.com
CROP INSURANCE
Glacial Plains Cooperative has specialized in crop insurance services since 2006 to provide farmers with a one-stop-shop.
Having our own in-house specialists enables us to help you with every aspect of your operation. Plus, we provide added convenience since we already have our farmers’ production reports and grain records on file at Glacial Plains.
We offer the following risk management products:
- Multi-Peril Crop Insurance (MPCI)
- Hail Insurance
It’s always a good idea to review all your options in these volatile markets. Please contact us to review your policy and assist you in making the best decisions for your operation. We’re looking forward to helping you in any way we can.
| Aaron Vadnais 101 Van Norman Ave. Murdock, MN 56271 320-875-2811 opt. 2 avadnais@glacialplains.com |