The U.S. Department of Agriculture has announced a transition in the OneRD Guaranteed Lending Program, resulting in the removal of 10 lending institutions from future participation.

The USDA Rural Development (RD) agency stated that the move is part of an ongoing effort to maintain the integrity of its lending initiatives and ensure that federal resources are directed toward projects that strengthen rural infrastructure and economic security.

The department identified the following lenders as no longer participating in the program:

• Bank of Montgomery (BOM) Bank

• Byline Bank

• Celtic Bank

• Community Bank & Trust – West Georgia

• Genisys Credit Union

• Greater Nevada Credit Union

• North Avenue Capital

• Optus Bank

• U.S. Eagle Federal Credit Union

• ReadyCap Commercial

According to the USDA, the institutions removed from the program accounted for approximately 47% of the agency’s delinquent loans, representing a portfolio of roughly $620 million in overdue accounts.

Agency officials indicated that these administrative actions are intended to refine the department’s lending practices and provide more focused support to the more than 750 remaining lenders. These active partners continue to facilitate access to capital for rural business growth, healthcare, and education facilities.

USDA Rural Development remains committed to promoting rural prosperity through various loan and grant programs. Details on the current list of authorized participants in the OneRD Guaranteed Lending Program are available to the public via the agency’s online portal.