Hopefully an unintended consequence of the major tax legislation enacted in December will be the triggering of a fundamental review of the taxation of the FCS and agricultural co-ops relative to banks and other investor-owned businesses.
The latest episode of the ABA Banking Journal Podcast tackles the shortage of qualified appraisers — especially in rural areas, where lenders are seeing delays of several months in getting appraisals for commercial real estate and agricultural transactions.
One unintended effect of the wide-ranging tax legislation Congress enacted last month was a slight reduction in the competitive edge the FCS has long had for loans secured by real estate.
Only about one in 10 banks can be considered at “high” credit risk, according to the FDIC’s most recent credit survey — down from 42 percent in 2010, when banks were working through a backlog of bad loans.
By Bert Ely The FCS’s $10 billion line-of-credit with the Treasury Department’s Federal Financing Bank,…
In the July Farm Credit Watch, I wrote that the Farm Credit System effectively accepts…
The federal banking agencies today released 2016 Community Reinvestment Act Data on small business, small farm and community development lending.
Farm profitability continued to decline in the first half of 2017, according to the latest agricultural lenders survey conducted by ABA and Farmer Mac.
ABA announced today that Pennsylvania banker Michael H. Firestine will receive this year’s Bruning Award.