Ag Lending Compliance

(90-minute webinar – available live or on-demand)

 Wednesday, April 27, 2022

12:00 PM Pacific       1:00 PM Mountain

2:00 PM Central                 3:00 PM Eastern

What makes a farm a farm for lending purposes?  Would you believe only $1,000 in annual sales?  With so many possibilities and potential products, ag loans just might be the answer for many borrowers.  Intrigued? 

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Identify the key regulatory areas that impact agriculture loans, including ECOA, HMDA, Flood Disaster Protection Act, RESPA, and Truth in Lending Act
• Understand the importance of documenting the ag-related purpose
• Explain the requirements of the Protecting Tenants at Foreclosure Act
• Recognize the red flags for ag fraud
• Establish initial and ongoing due diligence of ag borrowers using the tools provided

WEBINAR DETAILS

Agriculture.  Everyone knows the meaning of the word.  But when an applicant presents unique circumstances, can you accurately determine whether the request meets an ag exemption or should be handled as a consumer loan?  As Americans build barndominiums, grow flowers and produce for the local farmer’s market, and purchase farms for country living, it is important for lending staff to understand how to apply compliance regulations to ag-related loan requests and know when an ag exemption is available.  The US Department of Agriculture defines a farm as any place from which $1,000 or more worth of agricultural products are produced and sold during a given year.  Therefore, even if you are not your institution’s ag lender, it is highly likely that you will encounter a loan application that includes some agricultural aspect.

This webinar will delve into the consumer compliance regulations and specifically focus on definitions and exemptions that relate to agriculture.  As more and more people become involved in nontraditional agricultural activities, it is imperative that these lending requests are properly processed.  Having spent her whole life on a working farm, presenter Molly Stull can speak from experience as she explains regulatory compliance requirements in the context of the agriculture industry.

WHO SHOULD ATTEND?

This informative session is designed for lenders, loan processors, and compliance officers who work to serve the agricultural community. 

TAKE-AWAY TOOLKIT

• Worksheet to determine the required amount of flood insurance
• Ag-related references
• PDF of slides and speaker’s contact info for follow-up questions
• Attendance certificate provided to self-report CE credits
• Employee training log
• Interactive quiz 

DON’T MISS THIS RELATED WEBINAR!

Commercial Lending: Risks, Rewards, Controls & Common Mistakes
Wednesday, June 22, 2022

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.

MEET THE PRESENTER

     Molly Stull, Brode Consulting Services, Inc.

Molly Stull began her career as a teller while working on her undergraduate degree and has continued working in the financial industry ever since.  She has experienced the growth of a hometown bank, branch mergers, charter changes, name changes, etc.  Molly has activated business resumption plans, performed secondary market quality control reviews, processed wires, filed SARs, and coordinated reviews with external auditors and examiners.  Her favorite role has always been educating staff and strongly believes that if staff understands the reason for a process they will be more compelled to follow the procedures.  Molly holds a bachelor’s from the University of Akron and an MBA from Ashland University.

Register and find registration options HERE

THREE REGISTRATION OPTIONS – WHAT YOU GET

1. Live Webinar Includes

• Unlimited connections within your institution to the Live Webinar
• Handout and Take-Away Toolkit
• Available on desktop, mobile & tablet
• Presenter’s contact info for follow-up 

2. On-Demand Webinar Includes

• Recording of the Live Webinar
• Available two business days following Live date
• Handout and Take-Away Toolkit
• Available on desktop, mobile & tablet
• Free Digital Download, yours to keep
• Share link with anyone at your institution
• Presenter’s contact info for follow-up

3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.

AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE