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Meanwhile, businesses that flourished in the pandemic may look to expand operations. We’re not as in the dark about what’s happening, such as what it will cost to operate senior housing post-COVID-19. Chairman and Co-CEO of First Oklahoma Bank, in a recent interview with TulsaWorld.com. “Or Lending & Credit Risk.
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.
For Jill Hudson, VP, Operations Officer at Vision Bank Vision Bank, it was important to learn strategies regarding supporting a strong company culture during this time. Oklahoma-based Vision Bank has experienced rapid growth in recent years and is positioned for further expansion.
But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent riskmanagement practices. We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says.
Ronette Hauser-Jones, Mortgage Division President, Great Plains Bank (Oklahoma City, OK). Kristina Schaefer, General Counsel & Chief Risk Officer, Fishback Financial Corporation/First Bank & Trust (Brookings, SD). Patrick Ervin, EVP, Independent Bank (Troy, MI). Credit Union Advisory Council.
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