Wisconsin-based County Bancorp entered into a credit agreement with U.S. Bank, which provided a $15 million revolving loan.

The loan matures on August 14, 2018. The proceeds of the loan will be used to provide the company with flexibility to draw funds as needed for general corporate purposes.

The loan has an annual interest rate of 2.25% plus the one-month LIBOR. It also bears a non-usage fee of 0.275% per annum on the average daily unused commitment at the end of each fiscal quarter.