Farms, Fisheries, & Forestry businesses

A sustainable bank built for our region’s producers

Producers are the backbone of our local food ecosystem, so we're designing a bank that's tailored to your needs. Whatever you need, we're building with you in mind.

Buying land?
Need credit to buy equipment?
Looking for a revolving working capital line?

Whether it's capital for land acquisition, equipment financing, working capital or refinancing existing debt, we've got loan products designed from the ground-up to meet the needs of our region's producers.

We lend to the entirety of the local food and agricultural ecosystem, including production farms, fishers, fiber and forestry-related businesses. 

Whether it's capital for land acquisition, equipment financing, working capital or refinancing existing debt, we've got loan products designed from the ground-up to meet the needs of our region's producers.

OUR EXTENSIVE NETWORK

Connect with the Leaders of Our Region’s Local Agriculture Movement

Corporator

Tim Joseph

Tim founded Maple Hill Creamery in 2009. Maple Hill works with 140 dairy farms in Upstate NY and their products are distributed nationally through many major retailers. Tim continues to be active at Maple Hill, but also works with other companies and organizations promoting regenerative agriculture.

Talk to Tim about
Dairies
Grass-fed
regenerative organic
A black and white photo of borrower Julie Whitcomb, a woman wearing an apron, smiling, with glasses perched atop her head, and holding a dish of some sort in her hands.

Borrower

Julie Whitcomb

Julie is co-founder and operator of Julie’s Happy Hens in Mont Vernon, NH. She manages 3,000 chickens using a range of automated systems, inspired by designs more common in European operations. They’ve also recently begun operating New Hampshire’s first Grade A sheep dairy.

Talk to Julie about
Chickens
Sheep
Cheese
Ice Cream

Corporator

Matthew Meisel

Matthew is the Chief Development Officer of Little Leaf Farms in Devens, MA. Little Leaf has built the most modern, technologically advanced greenhouses at their two Northeast farms. They’re proud to grow the freshest and best-tasting baby lettuce on the East Coast—sustainably and without pesticides.

Talk to Matthew about
Greenhouses
Financials
Strategy

Not One-Size-Fits-All

Loans Designed for You

Our loans are specially tailored to fit the needs of each individual borrower.

Need a repayment schedule that fits the seasonal cycles of your business? Transitioning to organic over an extended period? Waiting for grant money that’s yet to arrive? We have individualized solutions for each situation.

Dharma Lea Farm

Sharon Springs, NY

Grass-fed, organic dairy owned and operated by the Van Amburgh family

“Walden Mutual re-financed their purchase of another 425 acre farm with a customized interest-only repayment schedule during low-revenue winter months”

co-marketing opportunities

Access to a Motivated Values-Aligned Community

Walden Mutual depositors, like you, care deeply about our region’s local agriculture movement. And they’ve already demonstrated their commitment to putting their money where their mouth is through their deposits.

Our borrowers instantly become participants in our shared conversation about sustainability. Co-marketing (including access to our newsletter, events, product placements, etc.) are core to our wraparound support.

A Lender with a Purpose

A sustainable bank with a mission you can get behind. Plus we cover the first $500 in fees for sustainability certifications like B Corp*.

An illustration of a snowy log cabin against a backdrop of snow covered trees.

Better, Not More Expensive

Competitive interest rates that allow your values and budget to co-exist.

A black and white watercolor illustration of a hand holding a mobile phone, displaying the home screen of the Walden Mutual mobile app.

Easy-to-Use Digital Tools

Modern mobile and online banking and borrowing tools.

All loans are issued by Walden Mutual Bank, member FDIC. Loan eligibility is not guaranteed. All loans are subject to credit review and approval. Interest rates are subject to change.

* Terms & conditions apply. See full detail here.

FDIC-insured business checking...without the surprise fees1

Our Grow Local Business checking account is feature-rich - with digital check deposit,2 exports to Quickbooks, and employee account permissions - but without monthly fees, minimum balances, ATM fees, or other surprise charges.3

And we have Local Impact Business certificates of deposit (CDs), which offer competitive rates of return over longer periods of time.

Need new or used equipment to jumpstart your business? Searching for a working capital line to smooth operations? Something else? We’re ready to talk.

A BETTER BANK

A Sustainable Bank with a Purpose

Finally feel good about where your money sleeps at night. As a Pending B Corp and cooperatively governed mutual, our mission is our single reason for being.

Better, Not More Expensive

An illustration of a snowy log cabin against a backdrop of snow covered trees.
No minimum balances, no monthly fees, and no surprise charges. Straightforward and simple.

Plus free ATM access anywhere. We'll reimburse up to $15 per month per account in fees assessed by ATM providers.3

Features for Growth

An illustration of a mobile phone, displaying the external transfer screen from the Walden Mutual mobile app.
move money seamlessly
Link your existing bank accounts just by logging in, and transfers funds (via ACH) for free.
EXPORT TO QUICKBOOKS OR EXCEL
Download your account history for upload into QuickBooks or Excel with only a few clicks.
a black and white illustration of a desktop monitor displaying the export to Excel screen from business online banking.
An illustration of a mobile phone, displaying the mobile check deposit screen of the Walden Mutual mobile app.
Deposit checks on-the-go
Use your phone camera to deposit checks in seconds while you're on the go.2

Other Bells & Whistles

An image of the Walden Mutual Partner Business Card, featuring a topographic map of Walden Pond in black, the cardholder name (Ralph W. Emerson), and the Visa logo.
Better PAYMENTS

Pay securely with our Walden Mutual Partner Business Card.4 Tap, dip, or swipe - and control your card on the move through our app.

An illustration of a skeleton key.
employee access

Set-up sub-user accounts for your bookkeeper or employees, and issue debit cards to up to four cardholders for free.

SAFE & SECURE

FDIC insurance on all balances up to $250,000, industry-grade data encryption, and multi-factor authentication. Take comfort knowing your money is safe.

Local Impact BUSINESS CDs

Invest directly in the renaissance of our region's local food ecosystem

Our Local Impact Business CDs offer competitive rates of return, in exchange for an extended commitment to our mission.

Need new or used equipment to jumpstart your business? Searching for a working capital line to smooth operations? Something else? We’re ready to talk.

Term Interest Rate
1 Year 2.25%
3 Year 3%
5 Year 3.5%
10 Year 4.5%
  • Only $1,000 minimum initial deposit (and minimum daily balance)
  • 10-year CD: Unique opportunity to support long-term investment in food systems change
  • Use the same digital tools to monitor your CDs on the go
  • When your CD matures, the funds automatically roll into another CD of the same term - or transfer your money into another Walden Mutual account.

1. Federal Deposit Insurance Corporation. Insurance coverage limited to $250,000.
2. Desktop check deposit also available, but requires purchase of a compatible scanner, and free enrollment and configuration of the service. Send us a note if you're interested!
3. Account charges are listed here.
4. Walden Mutual Partner Business Card is a Visa® Debit Card, and will be issued by Walden Mutual Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association. Estimated initial delivery is November 2022.