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Keith Schonert and Greg Kuenstler attend Agricultural Lenders' Conference

(June 9, 2010)

Keith Schonert and Greg Kuenstler from TrustBank™ in Olney, IL attended the Community Bankers Association of Illinois (CBAI) Agricultural Lenders' Conference, on Wednesday, June 9 ,2010. Held at the Crowne Plaza in Springfield, this one-day conference helped participants develop new skills and tools to meet the credit needs of existing customers and prosper in the changing environment of agricultural lending. Designed for agricultural lenders, this conference brought together experts to explore the latest credit analysis that determine credit risks, the weather conditions that might impact the 2010 growing season, the characteristics of a successful farmer and the impact the various energy components and policy decisions will have on the farm sector.

Dr. David Kohl, Professor Emeritus in the Department of Agricultural & Applied Economics at Virginia Tech, Blacksburg, addressed the topics, "Mega Forces in Agriculture" and "Credit Risk Profiling." Larry Acker, founder and editor of 3F Forecasts, discussed "2010 Growing Seasion: Like Last Year?" Examining "The Six Hats of a Farmer" and "Energy Update 2010," was Matthew Roberts, Associate Professor in the Department of Agricultural, Environmental and Development Economics at The Ohio State University, Columbus.

Headquartered in Springfield, CBAI is a statewide association representing more than 500 community banks and thrifts in Illinois.


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By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.