Lone Star Ag Credit Shows Appreciation for
its Customers in Sherman
Lone Star Ag
Credit, a borrower-owned lending cooperative, recently hosted a dinner for the
customers of its Sherman branch to celebrate another successful year.
customer appreciation dinner honored agriculture's bright future and Lone Star
Ag Credit's long history in Texas. One of the oldest lenders in the nationwide
Farm Credit System, it made the first Farm Credit loan in the state 100 years ago.
Today, Lone Star
Ag Credit has $1.69 billion in assets and more than 5,000 borrowers, who are also owners of the co-op. In March, Lone Star distributed a record $13.8
million in patronage dividends to eligible borrowers.
Customers of Lone
Star's Sherman branch enjoyed a steak dinner on March 23 at the Hilton Garden
Inn at Texoma Event Center in Denison. Credit Office President Michael Shelley
was the evening's speaker, and Fred Spears and his band provided the
entertainment. Every customer received a parting
gift, and many lucky attendees also received gift cards.
customers attended this year's customer appreciation dinner, our best turnout
yet," said Shelley of the event for the local branch, one of the lending
cooperative's largest. "Borrowers are not just customers at a cooperative,
they're also owners. Our annual dinner is one of the ways we thank them for
contributing to our success."
This year the
lender is hosting dinners for each of its 16 branches across North and Central
Texas, as well as open houses and other events.
Lone Star Ag
Credit serves 48 Texas counties, providing financing for rural land, rural
homes, agribusinesses, livestock, agricultural equipment and operating expenses.
Published April 12, 2017