FCA board approves proposal requiring certain FCS institutions to get integrated audits
An integrated audit is an audit of internal control over financial reporting that is integrated with an audit of financial ...
Tag: Rural banking
Farm Credit Watch: Continuing consolidation within FCS increases likelihood of a FCSIC taxpayer bailout
Continued consolidation of FCS associations ring alarm bells in Congress about the capacity of the Farm Credit System Insurance Corporation ...
ABA, banks donate to Vermont flood relief efforts
ABA announced that it will donate $25,000 to the Vermont Main Street Flood Recovery Fund, which is providing grants to ...
Fed’s Bowman touts benefits of banks, CDFIs in rural communities
Smaller banks, including community banks, are indispensable in providing access to financial products and services, especially in remote or rural ...
USDA discrimination payments are targets for check fraud
Treasury checks are among criminals’ favorite targets because generally banks must provide the money before they can learn if the ...
Farm Credit Watch: FCA board’s untenable situation, the risk of FCS consolidation, and is FCSIC truly actuarially sound?
FCA would be unable to take any official action if both board members serving expired terms left the board.
Recent USDA awards support farmworkers and agricultural employers
The awards are intended to focus on agriculture labor challenges, resiliency and instability, strengthen protections for farmworkers, and expand legal ...
Farm Bill predictions: A game of wait and see
There were rumors of a markup of the 2024 Farm Bill potentially happening in March in the House Agriculture Committee, ...
ABA report: Farm bank lending increased to $110 billion in 2023
Banks reported holding over 1.1 million small farm loans worth $70 billion.
USDA forecasts drop in farm income for 2024
After the three highest consecutive years on record in 2021-2023, the first farm income forecast of 2024 indicates a drop ...
