Comment on Dream First Bank Assumes All of the Deposits of Heartland Tri-State BankparentComments−SoftTalker3yCrop loans that went bad due to storm damage? Seems possible in that part of the country. Though I'd presume those are insured?−User233yCrop insurance isn't an economically viable thing for any of the small farmers that I personally know anymore. It might still be feasible if you qualify for the beginner subsidies.−landemva3yRural does not mean crop loans, and that does not seem to be in the press release. Loans against property is different than a planting loan.−dylan6043yIt wouldn't surprise me if insurance weasels out of payouts either though which would leave the farmers no way of paying the note.
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Crop loans that went bad due to storm damage? Seems possible in that part of the country. Though I'd presume those are insured?
Crop insurance isn't an economically viable thing for any of the small farmers that I personally know anymore. It might still be feasible if you qualify for the beginner subsidies.
Rural does not mean crop loans, and that does not seem to be in the press release. Loans against property is different than a planting loan.
It wouldn't surprise me if insurance weasels out of payouts either though which would leave the farmers no way of paying the note.