Feds make case for rural bank lending probe
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
Only 6.6% of dairy farmers say they have come under undue pressure from banks over their mortgage. Just 5.7% are dissatisfied with banks over their mortgages and as few as 3.1% are unhappy about the quality of communication from banks over the past three months.
We say hats off to the bankers for not unduly pressuring farmers.
