Academic journal article ABA Banking Journal

Meet Steve Apodaca, ABA's New SVP for Ag and Rural Banking

Academic journal article ABA Banking Journal

Meet Steve Apodaca, ABA's New SVP for Ag and Rural Banking

Article excerpt

In his new role as senior vice president of ABA's Center for Agricultural and Rural Banking, Steve Apodaca leads agricultural and rural banking policy at ABA, manages the Agricultural and Rural Bankers Committee, and provides leadership to ag product and program offerings, including the National Agricultural Bankers Conference.

It's a natural fit for someone with more than 25 years of experience in agricultural, commercial and real estate lending and and who has worked at institutions of all sizes in Florida, Texas and New Mexico.

Apodaca came to ABA from Wells Fargo Bank in Las Cruces, N.M., where he served as vice president and principal business relationship manager. At Wells Fargo, Apodaca was responsible for business development and community efforts. His agricultural banking work focused on onion, chili, cotton, pecan, alfalfa and grain producers as well as cattle ranchers.

In an interview with ABA Banking Journal, Apodaca outlined the association's ag and rural banking priorities. They include:

* Working to achieve competitive parity between banks and the tax-advantaged Farm Credit System. This includes protecting the Farm Credit System from itself by calling for congressional oversight hearings, ensuring that it is regulated based on principles of safety and soundness, and requiring that it stick to its mission of only financing agriculture.

* Enhancing government-guaranteed lending programs available through the Department of Agriculture Rural Development or Farm Service Agency, assisted by Farmer Mac, to support ag and rural banks' lending initiatives. …

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