ABA Member Testifies on Rural Bank Challenges
ABA member Roger Porch, VP at First National Bank in Philip, S.D., testified before the Senate Banking Committee yesterday on challenges facing rural banks.
Browsing: Ag Banking
Senate Vote Expected This Week on ABA-Backed Cyber Bill
The Senate is scheduled to vote this week on the Cybersecurity Information Sharing Act (S.754), an ABA-supported bill that would strengthen the ability of the public and private sectors to share critical cyber threat information without compromising customer privacy.
Blanchfield Honored with New ABA Award
ABA today announced that John Blanchfield, who was SVP for agricultural and rural banking at ABA for 25 years before retiring in January, will be honored with the first annual Blanchfield Award.
FCS Hikes Its Lending Limit to $1.5 Billion from $1 Billion
These increases are powerful evidence of the FCS’s increased emphasis on providing taxpayer-subsidized credit to large corporate borrowers.
Kansas’ Terry Barta to Receive Bruning Award
Terry Barta, vice president for ag lending at the Peoples Bank in Smith Center, Kan., has been named the winner of the 2015 Bruning Award for lifetime achievement in agricultural banking, ABA announced today. Barta will receive the award at the ABA National Agricultural Bankers Conference in Kansas City, Mo., on Oct. 27.
ABA Hosts Meeting to Address Rural Appraiser Shortage
To help address the pending shortage of rural property appraisers — and the implications for agricultural and commercial credit in rural communities — ABA’s Center for Agricultural and Rural Banking and ABA’s Commercial Real Estate Committee convened a meeting yesterday of key stakeholders from the banking industry, federal government, appraisal industry and others.
FCS Southwest Finally Reveals Cost of Massive Loan Fraud
Mismanagement results in nearly $50 million in losses for a troubled FCS lender.
SNL Article Spotlights Farm Credit System Abuses
An article yesterday in SNL Financial shone a spotlight on the Farm Credit System’s “dangerous and abused advantages” and the efforts of recently hired ABA SVP Steve Apodaca to highlight them publicly.
Agencies Issue 2014 CRA Small-Biz, Small-Farm Loan Data
The federal banking agencies today issued aggregate data on 2014 small-business, small-farm and community development loans that institutions reported under the Community Reinvestment Act.
Poised and Proactive on the Farm
Ag bankers are preparing producers for a changing economic environment.