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The Farm Credit Administration reported that tight labor markets, rising interest rates, a strong dollar, high energy prices, and drought conditions are creating uncertainty in rural economies and farm input prices—though the Farm Credit System is reporting favorable financial results.
Grassroots: Community bankers can continue to use ICBA’s Be Heard grassroots alert urging congressional support for the ECORA Act (S. 2202 and H.R. 1977), which would exempt from taxation interest income on farm real estate and rural mortgage loans to help level the playing field with the FCS.
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Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the FDIC’s latest Quarterly Banking Profile.
ImageSep 8, 2022
ICBA statement on the Federal Housing Finance Agency’s comprehensive review of the Federal Home Loan Bank System.
ImageSep 6, 2022
Two-thirds of voters (65%) support allowing cannabis-related businesses to have access to banking services in states where cannabis is legal, the Independent Community Bankers of America (ICBA) announced.
ImageSep 2, 2022
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