Ag lending

Lenders are turning to the Farm Service Agency to backstop more loans as their Midwestern customers are beset by flooding in addition to the U.S. trade war with China and volatile crop prices. Can the FSA meet the increased demand?

Nominated for a full term at the central bank, Michelle Bowman told senators that bankers should not fear repercussions for servicing hemp growers after the crop was legalized.

Farmers were already taking on more debt to cover losses from falling crop prices. New tariffs and other retaliatory moves could hurt ag borrowers further and lead to loan losses and tighter underwriting.

Banks that serve U.S. farmers are increasingly restructuring existing loans and boosting the collateral needed for new ones as the numbers of late and missed payments have risen.

The latest World Council of Credit Unions project in the Caribbean will see the island nation working alongside Indiana CUs to share best practices, strategic initiatives and more.

On Dec. 31, 2018. Dollars in thousands.

Rising waters in the Cornhusker State have already caused in excess of $1 billion in damages.

The shutdown is keeping the agency from approving about 300 loans per day, according to CBA President Richard Hunt.

Farm Service Agency staff will have three days to work on existing loan applications and provide tax documents for existing loans.

A recent proposal to allow the government-sponsored enterprise to offer more credit in agricultural regions is deeply flawed.