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Lone Star Ag Credit Hosts Appreciation Dinner in New Boston

Brody BairdNew Boston, Texas - Lone Star, ACA (Lone Star Ag Credit), the premier ag-lender in Texas, hosted their 6th Annual Appreciation Dinner on April 17th at Elk Meadow Game Ranch in DeKalb, Texas for the stockholders of the New Boston Credit Office. The dinner was held to thank stockholders for helping make 2007 an extremely successful year and for their continued support of the association.

The dinner celebrated a $5,000,000 cash patronage that will be paid out to stockholders in the first quarter of 2008. The association’s credit quality and earnings were excellent in 2007 along with continued demand for real estate and significant growth in the associations’ livestock, dairy and agribusiness portfolios.

Brody Baird, Lone Star Ag Credit Branch President states, “Lone Star Ag Credit is growing to meet the needs of rural Texas because when Lone Star does well, our stockholders do well. Everyone benefits.”

For more than 90 years, Lone Star Ag Credit has been a reliable source of financing for Rural America.  Lone Star Ag Credit provides a unique view in today's banking environment by being a strong, customer-owned bank committed to providing courteous, accurate service through a well-trained, highly motivated staff. Lone Star Ag Credit offers a wide variety of loan programs at competitive rates including agricultural and recreational real estate, rural homes, operating, equipment, livestock and agribusiness loans.   Lone Star Ag Credit has offices located in Fort Worth, Sweetwater, Abilene, Stephenville, Weatherford, Cleburne, Denton, Sherman, Paris and New Boston.

April 28, 2008

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