Details:

Publisher's site:
https://www.fdic.gov/
Corporate Authors:
Federal Deposit Insurance Corporation (FDIC)
Description:
The U.S. agricultural sector has benefited from almost a decade of solid farm production, strong demand, and favorable financing costs. With few exceptions, the sector appears poised to remain on a path of general prosperity in the near term and possibly longer. However, despite this generally positive outlook, the agricultural sector remains susceptible to shocks from a number of sources, including volatile commodity prices. Financial institutions engaged in agricultural lending must remain diligent in enforcing sound underwriting principles and establishing effective risk management procedures to help mitigate these risks. Where agricultural borrowers are struggling to make payments, FDIC recognizes that constructively working with borrowers often benefits the financial institution and the borrower.
Subject:
[+]
Lending / Investments
Dataset Download URL:
https://www.fdic.gov/news/inactive-financial-institution-letters/2010/fil10085.pdf
Format:
PDF
Release Date:
12/14/2010
Update Date:
12/14/2010
Withdrawn Date:
Not Available.
Agencies Involved:
Federal Deposit Insurance Corporation (FDIC)
Fdic Employee Involved:
Robert W. Walsh
Source:
FDIC Website
Memorandum To:
FDIC-Supervised Banks (Commercial and Savings)
FIL Number:
FIL-85-2010
Main Document Checksum:
[+]
urn:sha256:f7ef9c9633d82d86d7a8381dc9d602ec69a9ebdbefef0f8285d0bc61ff9db0ac
Download URL:
https://archive.fdic.gov/view/fdic/7142/fdic_7142_DS1.pdf
File Type:

Supporting Files

• Prudent Management of Agricultural Credit through Farming and Economic Cycles

  pdf

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