Farm Credit Bank Discount Rate - 2001

The Internal Revenue Service publishes the discount rates in a Revenue Ruling each spring, April or May, to be used for that year. The rates vary based on the district in which you live. Listed below are the interest rates for the different districts and the listing of states in each of the districts. The rates that are to be used for 2001 are published in Revenue Ruling 2001-21.

INTEREST RATES
(Year of Valuation 2001)

Farm Credit Bank District in which Property is Located States Applicable Interest Rate
Columbia Delaware, District of Columbia, Florida, Georgia, Maryland, North Carolina, Pennsylvania, South Carolina, Virginia, West Virginia, 9.90
Omaha/Spokane Alaska, Idaho, Iowa, Montana, Nebraska, Oregon, South Dakota, Washington, Wyoming 7.98
Sacramento Arizona, California, Hawaii, Nevada, Utah 7.99
St. Paul Arkansas, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, North Dakota, Ohio, Tennessee, Wisconsin 8.13
Springfield Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont 8.97
Texas Alabama, Louisiana, Mississippi, Texas 8.22
Wichita Colorado, Kansas, New Mexico, Oklahoma 8.22

Interest Rates for previous year: 1999, 2000