Articles tagged under: American Bankers Association
Agricultural Bankers Conference
Published November 12, 2023
The American Bankers Association hosted the Agricultural Bankers Conference at Oklahoma City. ABA Agricultural and Rural Bankers Committee Chairman Tony Hotchkiss says the conference offered educational opportunities to help ag lenders better serve their communities. “We talk about a lot…Craven to be Honored by ABA
Published September 20, 2023
The American Bankers Association will present its Blanchfield Award to Robert Craven with the Center for Farm Financial Management at the University of Minnesota. This award recognizes the contributions of a non-banker to support agricultural lending. The award will be…A Good Year for Ag Banks
Published March 24, 2023
Lending through U.S. farm banks increased to $103 billion in 2022, up more than eight percent from the previous year. The American Bankers Association’s annual Farm Bank Performance Report credits the change to nearly a ten percent increase in outstanding…Inflation is an Unknown Entity for Many in Agriculture
Published December 21, 2021
A survey conducted by Farmer Mac and the American Bankers Association identified inflation as the biggest concern among agricultural lenders. Over 500 ag lenders were surveyed for this report. A return to higher inflation will be a first for many…Farm Banks’ Asset Quality Improves
Published June 22, 2021
Agricultural lending by farm banks totaled $98.6 billion in 2020. That’s down less than two percent from the previous year. The American Bankers Association annual farm bank performance report said the demand for farm production loans declined slightly. Government payments…Lenders Challenge USDA Debt Relief Plan for Minority Farmers
Published May 20, 2021
The American Banker's Association, the Independent Community Bankers of America and the National Rural Lenders Association are asking the Biden Administration to reconsider its plan to pay off the debt of socially disadvantaged farmers. This proposal calls for USDA to…Farmers and Lenders Exercising Cautious Optimism
Published November 19, 2019
With the current farm economy, farmers and lenders are more cautious. American Bankers Association chief economist Jim Chessen is still seeing positive attitudes. "What we saw in the survey ABA conducted with Farmer Mac, profits are not great, but they…American Bankers Association Report Increase in Ag Lending
Published April 25, 2019
According to the American Bankers Association’s annual farm bank performance report, U.S. farm banks increased agricultural lending by more than five percent in 2018. The farm loans totaled $108 billion. More than 94 percent of farm banks were profitable last…Farmers and Ag Bankers Facing Uncertainties
Published November 14, 2018
Heading into 2019, both farmers and agricultural bankers are facing uncertainties. Those uncertainties were discussed at the 2018 National Agricultural Bankers Conference in Omaha. Moving into renewal season, the biggest concern is cash flow. "It's hard to make something break…