Agricultural Lending Industry Overview

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Industry Description

Companies that provide loans and other credit and financing products to agricultural enterprises.

Industry Trends

Industry Consolidation

In the past 10 years, the number of commercial banks in the US dropped by almost 30 percent. Large economies of scale in banking operations have encouraged consolidation, which has produced several dozen very large banks with more than $50 billion in assets. Smaller banks are still able to thrive by providing personal attention smaller customers don't get from large institutions.

Industry Competitors

Industry Codes

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Agricultural Lending maps to a number of NAICS codes including:

NAICS
NAICS Title
Savings Institutions
Other Depository Credit Intermediation
Sales Financing
Consumer Lending

Industry Associations & Organizations

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Agricultural Lending industry.

Indicator
Total
NAICS Codes
8
Establishments
146,537
Sales, receipts or shipments ($1,000)
$924,332,763
Annual Payroll ($1,000)
$128,027,685
Paid Employees
2,723,050

Industry People



Industry Jobs

Nevada State Bank - Twin Falls.ID
From HotJobs
Management Recruiters of St. Croix Falls - Eau Claire.WI
From CareerBuilder
MetaBank - Sioux Falls.SD
From MetaBank