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Lone Star Ag Credit is celebrating the Farm Credit centennial with its 5,000-plus borrowers during customer appreciation dinners throughout the year.
We salute our scholarship winners! A group of exemplary leaders who will positively influence the future of agriculture.
Lone Star Ag Credit, an agricultural and rural land lender headquartered in Fort Worth, saw earnings and total assets rise in the first quarter 2016.
This year's nominees are David Harris, Keith Miller, Harlin Brown, James Hoosier, Jerry Drew and Kathy Buchholz.
The Annual Stockholder's Meeting of Lone Star, ACA will be held April 27, 2016 at 10:00 am, in the Association's Headquarters office at 1612 Summit Avenue, Suite 300, Fort Worth, TX 76102.
Click here for the Annual Meeting Information Statement.
FORT WORTH, Texas - During 2015 Lone Star grew its outstanding loan assets by more than $150 million, to a record $1.55 billion. Net income grew to $27.6 million, up from $27.1 million in 2014. During this same period, the portfolio credit quality continued to increase such that 98.76% of loans are classified as acceptable or special mention.
Lone Star Ag Credit distributed $12.8 million to its borrowers on March 15, when the lending cooperative celebrated National Agriculture Day at open houses and public ceremonies across its 48-county territory.
West Texas farmers Rolan and Randy Petty realize they can't change the amount of moisture they receive from Mother Nature. So instead they have changed their farming practices to conserve the soil moisture she does give them.
Gerrit Schouten and Shelley Gilliland of our Stephenville office recently spent time with seniors of the Agricultural and Consumer Sciences Department at Tarleton State University this week, sharing information on Lone Star Ag Credit and the Farm Credit System.