Greenfield Banking Company’s office to close for remodeling
GREENFIELD — Beginning March 1, Greenfield Banking Company’s office located at 51 N. Meridian Road will be closed for about four weeks of remodeling.
During the remodeling, the lobby and drive-up will be closed, night depository will be closed and intermittent closures of the ATM may occur.
Loans available to under-served, beginning farmers and ranchers
INDIANAPOLIS — The U.S. Department of Agriculture Farm Service Agency reminds producers that farm ownership and farm operating loans are available to under-served applicants as well as beginning farmers and ranchers.
Under-served or beginning farmers and ranchers who cannot obtain commercial credit from a bank can apply for direct or guaranteed loans.
USDA defines under-served applicants as a group whose members have been subjected to racial, ethnic or gender prejudice because of their identity as members of the group without regard to their individual qualities. For farm loan program purposes, under-served groups are American Indians or Alaskan Natives, Asians, Blacks or African Americans, Native Hawaiians or other Pacific Islanders, Hispanics, and women.
For more information on FSA’s farm loan programs and under-served and beginning farmer guidelines, visit farmers.gov.
USDA temporarily suspends debt collections, foreclosures
INDIANAPOLIS — Due to the national public health emergency caused by COVID-19, the U.S. Department of Agriculture has temporarily suspended past-due debt collections and foreclosures for distressed borrowers under the Farm Storage Facility Loan and the Direct Farm Loan programs administered by the Farm Service Agency.
USDA will temporarily suspend non-judicial foreclosures, debt offsets or wage garnishments, and referring foreclosures to the Department of Justice. USDA will work with the U.S. Attorney’s Office to stop judicial foreclosures and evictions on accounts that were previously referred to the Department of Justice. Additionally, USDA has extended deadlines for producers to respond to loan servicing actions, including loan deferral consideration for financially distressed and delinquent borrowers. In addition, for the Guaranteed Loan program, flexibilities have been made available to lenders to assist in servicing their customers.
The temporary suspension is in place until further notice and is expected to continue while the national COVID-19 disaster declaration is in place.
