What is an Agricultural Bank?
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What is an Agricultural Bank?
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An agricultural bank, also known as an AG bank, is a type of financial institution that provides specialized financial services to farmers, agribusinesses, and other rural clients to help them manage their finances, invest in their operations, and grow their businesses. In comparison to other types of banks AG banks often have a more specialized understanding of the unique risks and opportunities of associated with the agricultural sector.
We recently spoke with Brandt Hutchcraft and Steve Taets, who are loan officers with Farmers National Bank in Illinois to better understand the services and differences agriculture banking offers.
Famers National Bank Website
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.