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Important FB TEN Program News
1099B FORMS FOR 2008 PAYMENTS
The 1099B forms for the FBTEN program are set to mail by January 31, 2009. If you have not received yours by February 16, please contact us at 1-800-373-2353.

FARM BUREAU TOBACCO EQUITY NOW OPTION (FB TEN) PROGRAM
Farm Bureau Bank has established the Farm Bureau Tobacco Equity Now option (FB TEN) program to allow eligible Quota Holder & Producers to receive one lump sum payment, at a discounted rate, instead of your remaining 5 annual payments.

As of January 15, 2009, FB TEN will once again begin accepting 962 contracts for Quota Holders and Producers who are still eligible to receive their remaining 5 payments.


Why wait years to get your money?
Sign up through your agent NOW!!

Take advantage of FB TEN
  • Competitive rates and convenient sign-up
  • Eliminates the uncertainty of waiting years for your money
  • Your money won’t be subject to inflation


    • The Farm Bureau Tobacco Buyout Program includes:

    Farm Bureau Tobacco Equity Now Option (FB TEN)

    With the FB TEN option, Quota Holders/Producers can receive a lump sum payment in lieu of the scheduled annual payments. This provides a payment option that may be better suited for a Quota Holder/Producer’s current and future financial needs.

    Financial Planning Services

    Full Banking Services



    Why use Farm Bureau’s Tobacco Buyout Program services?

    Farm Bureau is somebody you already know and trust
  • Farm Bureau has been working to gain your trust for over 50 years

  • Farm Bureau's primary focus has been to serve farm families

  • Farm Bureau was instrumental in getting this legislation passed



    • Check Your FBTEN
    Application Status
    Enter either your Taxpayer ID number or a Contract Number to check the status of your FBTEN Lump-Sum Payment Application.

    Taxpayer ID
    -or-        
    Contract Number



    Sign-up for FB TEN NOW!
    To sign up for a Successor-in-Interest (SII) contract:

  • Visit your local Farm Bureau Agent
        or Office

  • Call 1-800-373-2353

  • Fax paperwork to 1-800-373-4068
  • Send an Email to us at
        fbten@farmbureaubank.com



    • After you have signed up for FB TEN, we’ll file the Successor-in-Interest contract with the Commodity Credit Corporation (CCC) for you. You or your agent will be able to track your contract status online.

    USDA Tobacco Transition
    Payment Program
    For more information on the TTPP:
    Call     1-800-373-2353 or visit
    www.fsa.usda.gov/tobacco


    Sponsored by 

    FB TEN is provided by Farm Bureau Bank. Banking services provided by Farm Bureau Bank, FSB. Farm Bureau Bank, FSB is a service to member institution that provides banking services to Farm Bureau members. Services are not available in AL, IL, MI, MO, MS, OH or WY and may not be available in some counties or parishes. Farm Bureau, FB and the FB National Logo are registered service marks owned by the American Farm Bureau Federation and are used under license by FB BanCorp and its subsidiaries, including Farm Bureau Bank FSB. FB BanCorp is an independent entity and the AFBF does not own, is not owned by, and is not under common ownership with FB BanCorp or its affiliated entities.