Southwest Bank of Jennings, La., is only three years old, but it is already one of the most active lenders in a federal program for agricultural loans.

Last year, the bank wrote $21 million of loans under a program through which the Farmers Home Administration guarantees 90% of the loan amount. This year, bank officials expect to double their volume, selling the bulk of the loans on the secondary market.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.