With Rates on the Rise, New Loan Deposit Program Could Benefit Your Customers
The Kansas Economic Recovery Loan Deposit Program became law in April 2021 as part of SB 15, the Kansas Bankers Association’s push for the Kansas version of Enhancing
Credit Opportunities in Rural America
(ECORA). The program provides $60 million in idle state funds available for Kansas banks for the purpose of low interest loans to small commercial or agricultural businesses in Kansas.
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