Small California bank lands investment from local farm giant

Key insight: Pacific Valley Bank, a small community bank that operates along California's Central Coast, has secured a large investment from a family-owned local agricultural company.Why it matters: The investment illustrates the enduring importance of linkages between bankers and farmers in rural communities.Expert quote: "Bankers kind of pick the cream of the crop, as far as the farmers." — Lynn David, president of Community Bank Consulting Services.As farmers across the country struggle with inflation, a ...