Remove Kansas City Remove Management Remove Operations
article thumbnail

For Ag Lenders, Farm Outlook Warrants Watching

Abrigo

Any swing in income at the producer level may create additional ag credit needs for operating expenses or pressure credit quality. Farm businesses are farms with an annual gross cash farm income of at least $350,000 or where farming is the operator’s primary operation. Pandemic-Related Stimulus Ends. Seed purchases: -0.3%

article thumbnail

At home with HOA banking

Independent Banker

Location: Kansas City, Mo. Academy Bank in Kansas City, Mo., is a full-service commercial bank with 80 branch locations in Arizona, Colorado, Kansas and Missouri. billion-asset holding company also headquartered in Kansas City. billion-asset holding company also headquartered in Kansas City.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

article thumbnail

Ag lending outlook & top challenges

Abrigo

As farmers adjust their credit needs in response, banks with a higher share of agricultural loan activity (“ag banks”) may see demand for loans increase,” Kansas City Fed economist Francisco Scott said in a recent research report. Develop and manage relationships with ag borrowers. Department of Agriculture projects a 4.5%

Lending 195
article thumbnail

Fed Names Leader For FedNow Faster Payments Service

PYMNTS

“Ken brings deep financial services insights and technical expertise to his new role,” said Esther George, president and chief executive officer, Federal Reserve Bank of Kansas City, who is also the sponsor of the Fed’s payments improvement initiative. “He

article thumbnail

Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

The most recent details on FedNow come roughly a year after the central bank announced its plans to build and operate real-time rails. However, Kansas City Fed chief George said the system will initially focus on domestic movement of money and won’t include cross-border transactions.

America 189
article thumbnail

Fed Becomes Founding Sponsor Of Faster Payments Council

PYMNTS

“Our payment system is a vital part of America’s infrastructure that touches everyone,” said Esther George, president and chief executive officer of the Federal Reserve Bank of Kansas City. She is also a sponsor of the Federal Reserve’s payments improvement initiative. As a result, the FPC was created in 2018.