With the poor ag economy, how are rural banks doing?
A study by the American Bankers Association says farm banks reported stable financial performance. That's despite a big increase in lending to farmers and ranchers.
Ed Elfmann, Senior Vice President of American Bankers Association says that rural farm banks, like ours, continue to be strong and resilient because of deep community roots and a commitment to farmers and ranchers.
Here's John Jenkinson's Ag Minute: