A survey of 402 agricultural banks in Indiana, Illinois, and Iowa on credit risk management found: 1) respondents said borrower quality was easiest to asses for loans secured by farm real estate, followed by loans to finance production; 2) ag production loans were easiest to monitor; 3) past financial performance was the chief creditworthiness distinguishing factor; 4) banks used risk adjusted interest rates more often for production and real estate- secured loans, with another popular risk management strategy being different collateral requirements; 5) payment timeliness was the chief monitoring method, followed by periodic financial reports.