Paris holds Annual Appreciation Dinner for Stockholders
Paris, Texas – Lone Star, ACA (Lone Star Ag Credit) held it's annual appreciation dinner June18, 2013 at Celebrate It with dinner prepared by Crawford's Hole in the Wall. The Paris office's stockholders and special guests were invited. Barbara Golden, Paris Branch President, greeted the group, thanking them for coming.
Dinners are held throughout the year to thank stockholders for their business. Also the dinners are aimed at thanking referral sources, which are very important to Lone Star Ag Credit. The evening closed with a gift for everyone that attended.
This was the 11th annual appreciation dinner for Lone Star Ag Credit's Paris office. Door prizes were given out at each dinner as well. Regional President, James Welch spoke to the group about the future and changes to expect.
Stockholders were reminded that because they are part of a cooperative, almost all of them received a patronage check in May. That is a dividend payment that the board of directors at Lone Star voted to give back to the stockholders based on the bank's 2012 performance. It was a total of 7 million dollars or equal to approximately 1% of a borrower's loan balance.
Since 1917, Lone Star Ag Credit has been a reliable source of financing for rural America. 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 is headquartered in Fort Worth and also has credit offices located in Sweetwater, Abilene, Stephenville, Weatherford, Cleburne, Denton, Sherman, Paris and New Boston.
Published August 8, 2013