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.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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