Stearns County, Minnesota | In 1985 and 1986 it crashed hard and fast. Everyone says this isn't the 80's but 1980 through 1984 where not that terrible until 1985 and after in our area. When the First Bank system and the Northwestern Bank system (these banks go by different names now) decided to get out of all ag lending in 1985, it really caused chaos in MN and the Dakotas. It took until 1989 for it to straighten out. |