Zions to handle FSA loans for farmers and ranchers

Zions Bank will be handling the U.S. Department of Agriculture Farm Service Agency's preferred lender for Utah for farmers and ranchers.

FSA provides preferred lenders a guarantee covering up to 95 percent of any loss of principal and interest on loans made to farmers and ranchers operating a family-size farm. Guaranteed loan regulations have been streamlined for consistency with standard lending practices, which provides lenders greater flexibility and reduces the amount of paperwork, time and effort in obtaining a FSA guarantee.For information about the Farm Service Agency and its programs, contact the Utah Farm Service Agency State Office, 125 S. State, Room 4239, P.O. Box 11350, Salt Lake City, UT 84147-0350, or call 524-4530.