Browsing: Farm Credit System

Newsbytes

In a statement for the record before today’s House Agriculture Committee hearing on the rural economy, ABA called on lawmakers to ensure farmers’ ongoing access to adequate credit by updating the U.S. Department of Agriculture’s guaranteed farm loan programs.

Ag Banking

Responding to a recent American Banker op-ed calling for the expansion of the Farm Credit System, Leonard Wolfe, president and chairman at United Bank and Trust in Marysville, Kan., said that any effort to do so would “fundamentally ignore the reality on the ground in agricultural lending today” and ultimately do little to help rural America. 

Ag Banking

By Bert Ely In the June 2015 Farm Credit Watch, I reported that Frontier Communications Corp. had entered into a $350 million “credit agreement” with CoBank to partially finance Frontier’s $2 billion acquisition of AT&T’s wireline business in Connecticut. Frontier is an investor-owned, Nasdaq-listed telecommunications company with $24.7 billion of assets at March 31, 2018;

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