Agricultural Loan Policy Template
The purpose of this Agricultural Loan Policy Template is to address agricultural loan products, underwriting, and related lending operations of a bank, credit union, or other type of financial institution. In general, loans provided under a financial institution’s Agricultural Lending Program are used to fund the production of crops, fruits, vegetables, and livestock, fund the development of new agricultural technologies and techniques, or to fund the purchase or refinance of capital assets such as farmland, machinery and equipment, breeder livestock, and farm real estate improvements.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Definitions – Topic 3
- Marketplace Overview – Topic 4
- Risk Management – Topic 5
- Program Administration – Topic 6
- Standards and Underwriting – Topic 7
- Collateral Valuation and Documentation – Topic 8
- Environmental Risk Policy Reference – Topic 9
- Allowance for Credit Losses – Topic 10
- Credit Risk Rating Assignment – Topic 11
- Non-Accrual and Charged-Off Loan Policy Reference – Topic 12
- Audit Policy – Topic 13
- Staff Training – Topic 14
- Retention of Documentation – Topic 15
Recent updates to this product:
FDIC – Advisory: Prudent Management of Agricultural Lending During Economic Cycles
Current Expected Credit Losses (CECL) Accounting Standard
Revised Agricultural Lending Booklet – OCC Bulletin 2018-38
This Agricultural Loan Policy Template (approximately 38 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
NOTE: The complete contents of this product are also included in the Commercial Loan Policy Template.
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