Banking Rural America
If we aren’t able to find a way to backfill areas hit hard by bank consolidation, the nation’s impressive economic recovery and growth will leave those towns behind.
Browsing: Rural banking
USDA to Restore Full-Time Operation of Farm Service Agency
As the government shutdown enters its fifth week, the Department of Agriculture announced that it will temporarily resume full-time operations of its Farm Service Agency offices nationwide.
Fed Report: Student Debt Driving Lower Millennial Homeownership Rates
About 20 percent of the decline in young adult homeownership rates — accounting for roughly 400,000 non-homeowners — can be attributed to rising student loan debts, according to new research published yesterday by the Federal Reserve.
USDA to Temporarily Reopen FSA Offices During Shutdown
With the government shutdown now approaching its fourth week, the Farm Service Agency will temporarily reopen several of its offices to provide assistance to farmers and ranchers, the Department of Agriculture announced today.
Kansas Ag Banker: Expanding FCS Won’t Help Rural America
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.
Congress Passes ABA-Backed 2018 Farm Bill
With a vote of 369 to 47 today, the House approved the 2018 Farm Bill.
Podcast: The Bank M&A Outlook for 2019
Key regulatory changes and business trends will drive bank mergers and acquisitions in 2019, two top bank deal lawyers say on the latest episode of the ABA Banking Journal Podcast.
A Wind in the Sales? 2019 M&A Outlook
Look for 2019 bank mergers to be driven by large deals in metro markets, smaller banks on the buy side and de novo groups acquiring rural banks.
Podcast: Strategies That Work for Small Market Economic Development
Small cities, small towns and rural areas are facing a variety of structural headwinds, from demographic declines to globalization to the digital transformation of the economy. But locally owned community banks remain a strong countervailing force to help these communities navigate the transition.