Low commodity prices are putting stress on Ag producers. It also is a concern to bankers that finance those operations.
Curt Everson, President of the South Dakota Bankers Association, says they had indications earlier this year of the growing concern……
Everson says farmers and bankers have to talk, often…..
The last major downturn in the 1980s forced some bank closures and mergers. Everson says bankers are also continually looking at their financial resources……
Everson says most banks in the state have solid assets, and limited liabilities.