Agriculture articles

Community banks are still in limbo on cannabis

Community banks are still in limbo on cannabis

For financial institutions, banking cannabis-related businesses remains in legal purgatory due to conflicting state and federal laws. But some banks are making the business case for banking these customers before federal protections are put in place. By Judith Sears Conflicting federal and state laws are keeping the banking of cannabis-related businesses (CRBs) in limbo. As […]

Firsthand on the Farm

Top agricultural loan producers By Judith Sears Agriculture has been a bright spot in a struggling national economy for some years now, and some alert community banks are capitalizing on that vibrancy to amass healthy agricultural lending portfolios. Consider, for example, these three community banks: $75 million-asset First National Bank of Hope, Kan.; $49 million-asset […]

A Healthy Harvest

The ICBA-Farmer Mac program is growing agricultural loan volumes—and new financing options By Katie Kuehner-Hebert Thanks to the introduction of two new long-term, fixed-rate agricultural financing products, a streamlined online application process and greater awareness among community bankers, ICBA member participation in the ICBA-Farmer Mac agricultural secondary market loan program continues to grow quickly.

Simplifying Rural Credit

A streamlined USDA loan program could help community banks meet the credit needs of underserved rural businesses By Mark M. Brodziski The U.S. Department of Agriculture has a number of economic development programs designed to strengthen rural economies and create jobs. One of the USDA’s most effective programs is the Intermediary Relending Program, or IRP. […]

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