The USDA’s Emergency Commodity Assistance Program (ECAP) opened applications on March 19, 2025, providing $10 billion in economic assistance to farmers. This initiative is part of a broader $31 billion package approved by Congress in December 2024, aimed at supporting farmers affected by natural disasters in 2023 and 2024. The USDA plans to release initial payments, covering 85% of the total, with supplemental payments expected in the summer.
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FinCEN Updates Beneficial Ownership Reporting Requirements
As of March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) has announced significant changes narrowing the scope of the reporting requirements for beneficial ownership information (BOI) under the Corporate Transparency Act. This update, consistent with the U.S. Department of the Treasury's recent announcement, aims to simplify the process for U.S. companies and individuals.
March 25, 2025
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Farm Credit
The Value of Connections
As a relationship lender, connecting with our customers and our communities is at the heart of everything we do. It’s those relationships that we’ve had with customer businesses for generations that have allowed Farm Credit East to be successful for more than 100 years. CEO Mike Reynolds reiterates the importance of these connections in today's blog.
January 07, 2025
Business Tips and Tools
GenerationNext Seminars Help Prepare Tomorrow’s Northeast Ag Leaders
GenerationNext is a series of seminars, hosted by Farm Credit East, designed to advance the management skills and business knowledge of the next generation of ag business managers.
October 17, 2023
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