Lone Star Ag Credit is a customer-owned lending cooperative. That means we believe in giving back to the borrowers who make our success possible. As valued stockholders, they have the opportunity to share in our earnings.
Every year, our board of directors decides how much of our earnings will be retained as capital to keep our institution strong for the future, and how much will be returned to eligible stockholders through our patronage program.
Based on our strong financial results, our board approved the distribution of $13.8 million of our 2016 earnings in cash. This refund in March 2017 gave back a portion of the interest paid by our customers, effectively lowering their borrowing costs.
No other type of lender offers you such an advantage.
2017 Patronage Program