Farmers State Savings Bank v. Farmers Home Administration, a Division of the United States Department of Agriculture
Court of Appeals for the Eighth Circuit
1Opinion of the Court
WOLLMAN, Circuit Judge.
Farmers State Savings Bank (Farmers State) appeals the district court’s order dismissing its action against the Farmers Home Administration (FmHA) for failure to exhaust administrative remedies pursuant to 28 U.S.C. § 2675(a). We reverse and remand.
In the spring of 1983, Farmers State agreed to loan Wayne Hilliard $80,000, basing its decision on FmHA’s oral and written commitments that it was going to make a loan to Hilliard with which Hilliard would repay Farmers State. FmHA, however, did not make the loan, and in February of 1984, Hilliard entered into Chapter 11…
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