Today and every day, Better Banks recognizes and celebrates the contributions of America’s local farmers, ranchers, and agricultural enterprises.
We recognize the essential role of agriculture, which is central to our country’s health and prosperity and we pledge to do all we can to support these stewards of the land and their work to preserve our nation’s natural resources—today, tomorrow and for the future—for the benefit of all Americans.
Did you know?
Community banks provide 80% of all financing to and are often the catalysts for new and expanded business opportunities within agriculture communities. In fact, community banks provide roughly $130 billion in agriculture loans. Better Banks is proud to be a part of the community banks supporting our farmers.
National Ag Day was founded nearly 50 years ago to recognize the contributions of farmers in providing Americans with healthy, affordable, and abundant food options.
Here are some facts from the Independent Community Bankers of America (ICBA):
- The typical American farmer produces enough food and fiber to feed 166 people, producing jobs and investment throughout the economy.
- Americans spend less than 10 percent of their disposable income on food, allowing consumers financial freedom to purchase other goods.
- Farming and related industries employ 21.6 million people, making up 11 percent of total U.S. employment.
Better Banks has been serving the agricultural community since 1898, applying their intrinsic knowledge of local markets and relationship-based lending philosophy to address this sector’s financial needs. We look forward to building on this rich tradition of service, which supports our nation’s food supply and bolsters our economy for many years to come.