Rep. Barr Introduces ABA-Backed Bill to Encourage De Novo Bank Formation
To help expand access to banking services and promote financial inclusion, Rep. Andy Barr (R-Ky.) last week introduced H.R. 2561, ...
Tag: Rural banking
Banking on ECORA’s Encore
Though the goals for passing of the reintroduced Enhancing Credit Opportunities in Rural America Act of 2021, commonly known as ...
FDIC Report Highlights Continued Strength of Farm Banks Despite Periods of Challenge
Farm banks have held up well despite challenges to the agriculture industry since 2014, and problem loan levels have remained ...
Farm Credit Watch: Time for Fully Transparent FCA Board Meetings
In the latest Farm Credit Watch, Bert Ely highlights the notable lack of transparency around Farm Credit Administration board meetings. ...
Kansas Law Creates Tax Exemption for Interest Income on Ag Real Estate Loans
Kansas Gov. Laura Kelly yesterday signed into law a bill that will help ensure greater parity at the state level ...
Trade Groups Call for Funding for USDA B&I Loan Program in COVID-19 Relief Bill
The American Bankers Association joined three other trade groups in a letter to House Rules Committee leaders this week urging ...
Vilsack Confirmed as Ag Secretary; Trades Call for Protection of Crop Insurance
The Senate yesterday confirmed Tom Vilsack to serve as agriculture secretary by a bipartisan vote of 92 to 7. Vilsack ...
House, Senate Name Ag Committee Chairs, Ranking Members
Rep. David Scott (D-Ga.) will serve as chairman of the House Agricultural Committee for the 117th Congress, with Rep. Glenn ...
Credit Quality Remains Top Ag Lender Concern
For ag lenders, credit quality and the deterioration of agricultural loans, competition from other lenders and weak loan demand remain ...
Darrin Williams: Behind the Scenes at an Innovative CDFI
Southern Bancorp’s high-touch focus on pairing in-depth financial counseling with a Bank On-certified checkless checking account to help reach the ...
