Banking & Supervision

Hemp is a growing business, and bankers are increasingly receiving calls from customers involved in it. The December 3, 2019, interagency statement may help in your discussions and processes for deciding whether to bank hemp customers.

Is your board of directors aware of the number of loan policy exceptions in your bank’s loan portfolio and what types of exceptions are being made? Banks with effective credit risk practices will have the ability to answer these questions—read the three-step process that will ensure you’re one of them.