Browsing: Rural banking
ABA Report: Ag Lending Grows 6 Percent in 2017
The nation’s farm banks increased agricultural lending by nearly 6 percent, or $5.9 billion, to $106 billion in 2017, according to the American Bankers Association’s annual Farm Bank Performance Report released today.
CFPB Releases 2018 Lists of Rural, Underserved Counties
The Consumer Financial Protection Bureau today released the lists of rural counties and rural or underserved counties that entities can use in 2018 to determine whether they are exempt from certain regulatory requirements under the bureau’s Ability-to-Repay, escrow, HOEPA and appraisal rules.
Staying Close to Farm Customers
With Midwestern grain and row crop commodities continuing to trade in lower-price bands, producers’ ability to manage price risk takes on growing importance.
Farm Credit Watch: Time to Rethink Taxation of FCS, Ag Co-ops
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.
Podcast: How the Appraiser Shortage Harms Rural Communities and Young Farmers
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.
Farm Credit Watch: Tax Bill Reduced FCS’s Competitive Edge in Real Estate Lending
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.
FDIC: Community Banks Outpace Larger Banks in 2017 Deposit Growth
Community banks reversed a long-standing trend and reported greater deposit growth in 2017 than larger banks, according to the latest issue of the FDIC Quarterly.
Newsbytes Podcast: Banking on the Last Frontier
Did you ever wonder what it’s like to be a banker on the Last Frontier? On the latest episode of the ABA Newsbytes Podcast, co-hosts Evan Sparks and Shaun Kern interview Michael Martin, EVP, COO and general counsel of Northrim Bank, a community bank based in Anchorage, Alaska, with branches across the far-flung 49th state.