banks

USDA Offering Farm Loans To Beginning, Underserved Farmers
USDA Offering Farm Loans To Beginning, Underserved Farmers
USDA Offering Farm Loans To Beginning, Underserved Farmers
The USDA is reminding producers across the Northwest that FSA offers farm ownership and farm operating loans to underserved applicants as well as beginning farmers and ranchers.  Lisa Ruff with USDA’s office in Yakima said farming and ranching is a capital-intensive business and FSA is committed to helping producers start and maintain their ag operations.  She noted tha...
Farm Loans Soar as Ag Economy Deteriorates
Farm Loans Soar as Ag Economy Deteriorates
Farm Loans Soar as Ag Economy Deteriorates
According to a report from the Federal Reserve Bank of Kansas City, farmers are taking out loans at a rate and scale not seen in years as weakened crop prices weigh on the agricultural sector.  The report said the volume of new operating loans increased at its fastest pace since 2017, with commercial banks issuing 40% more of these loans to farmers over last year.     ...
Oil Prices Continue To Drop As Banking Concerns Spread
Oil Prices Continue To Drop As Banking Concerns Spread
Oil Prices Continue To Drop As Banking Concerns Spread
It’s been a downward week for oil prices, with prices dropping roughly $10 per barrel in the past seven days.  West Texas Crude was trading in the mid-$60 range in Monday’s action.  Patrick DeHaan with GasBuddy said last week, oil investors were concerned about the health of the U.S. economy.  He noted that conc...
Bankers Tell Congress Overregulation Hurts Rural Banks
Bankers Tell Congress Overregulation Hurts Rural Banks
Bankers Tell Congress Overregulation Hurts Rural Banks
The American Bankers Association told Congress last week the growing volume of bank regulation is making it harder for America's hometown banks to meet the needs of their customers, particularly in rural communities.  Testifying in front of the House Small Business Subcommittee on Economic Growth, CEO of the Oklahoma Bankers Association, Roger Beverage, told lawmakers regulation shapes the way ban