west central illinois | tab - 11/7/2015 21:11
At this time I would say we will be very low on defaults . the goal is to try to stay out of the position of having to do that (call notes) yes the board approves all large loans that is why I don't see this huge collapse and problems as before. The banks have not been stupid with their money and lending. Looking at the money out there now, the bank can be shut down as well,just as easy as the farmer if the lending practices were as crazy as it was 37 years ago. Also an ag bank isn't going to be in business very long today if you have a massive local default. There's only so much business to go around. Will there be problems? Sure. But it's not going to be a wide spread deal. You guys have done a better job this time.
Edited by emtbd1979 11/7/2015 22:34
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More now vs. then
