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Farm Credit Banks Stay Optimistic in Texas District
Farm Credit Banks of Texas officials report confidence in the Texas District’s ability to weather adverse economic trends as Congress debates federal support for the Farm Credit System. President James A. Rogers notes borrower confidence dipped slightly due to national publicity, yet loan volumes and borrower numbers stayed stable. The Federal Land Bank of Texas lifted loan volume from 2.63 billion to 2.75 billion as of September 30, with 95.7 percent of 32 Texas associations deemed acceptable, eight points above the national average.
MENTIONED IN THIS ARTICLE
Farm Credit Banks of Texas
Texas
Congress
James A. Rogers
Rogers
Federal Land Bank of Texas
Texas Federal Land Bank