Texas Farm Credit Distributes $30.6 Million to Stockholders in Patronage Payouts

Texas Farm Credit is returning $30.6 million in cash patronage distributions to its borrower-owners this year, reinforcing the cooperative’s commitment to delivering tangible value through membership in the Farm Credit System.

This year’s payout reflects another strong financial performance for the association. Net loan volume increased 6 percent, demonstrating continued demand for agricultural and rural financing solutions. Net income totaled $59.6 million, finishing on budget and highlighting the cooperative’s financial discipline and operational strength. Members’ equity grew by 7 percent, further strengthening Texas Farm Credit’s capital position.

“Returning $30.6 million in cash patronage reflects our cooperative’s ongoing success and dedication to enriching the financial well-being of our members,” said Mark Miller, Chief Executive Officer of Texas Farm Credit. “These results are a direct outcome of our team’s hard work and our members’ loyalty. By growing loan volume, staying on budget, and increasing equity, we are able to deliver meaningful value back to the people who drive this organization, our borrower-owners. We remain steadfast in our mission to support agriculture, rural communities, and the great operations that feed and fuel our region.”

Patronage is a unique benefit of the cooperative business model: when Texas Farm Credit performs well financially, a portion of earnings is returned directly to members in cash, effectively lowering borrowing costs and sharing success with those who contribute to it. This marks the 28^th consecutive year of patronage payouts, underscoring the cooperative advantage of member ownership.

About Texas Farm Credit

Texas Farm Credit is a premier lending cooperative serving rural communities across 101 Texas counties with insurance and financial solutions, as well as a full-service mortgage lender offering financing for rural homes, construction and homesite projects, and traditional or conventional mortgages for both country and in-town properties. With decades of combined experience, local lenders can help explore options tailored to a wide range of homeownership needs.