Journal Article

Strategic options for bankers in rural development

Abstract: Many agricultural communities in the Midwest have experience protracted job and population loss. With recent strains in agriculture and the potential for further loss looming, many bankers have expressed an interest in initiatives they can undertake to promote local growth and development. This article outlines a community development process to help bankers succeed with their development activities. Within the context of this process, it recounts the community development initiatives of several small rural community banks, examining the management decisions behind them and lessons gleaned from them.

Keywords: Rural areas; Rural development; Community development;

Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Financial Industry Perspectives

Publication Date: 2000

Issue: Dec

Pages: 33-47