When We Succeed, You Benefit
One of the most important financial benefits of being a Texas Farm Credit member-owner is having the opportunity to share in our association’s profits. When you partner with Texas Farm Credit, you become an owner of the business, stockholder, who is entitled to share in the earnings.
Not only will you receive a competitive rate up front, we’ll also return some of the interest you’ve paid when our association does well.
Governed By Members Like You
As a cooperative, we are owned by the very same farmers, ranchers, and ag producers we call customers. These same folks make up our board of directors, and this structure ensures that members’ needs always come first.
At the end of the year, the member-elected board of directors decides how much of our earnings must be maintained as capital to keep the co-op strong and how much should be returned to members in the form of cash back dividends. These dividends effectively lower the cost of borrowing. That’s why, when you do business with Texas Farm Credit, you share in our financial success.
What Members Get Back
How much you receive back through the patronage program is based on how much business you do with us.
- The amount of patronage you receive is determined by our earnings and the interest accrued on your loan.
- The distribution of profits to our members effectively reduces the cost of borrowing money.
- The more you borrow, the bigger your share of the earnings.
- Cash back dividends are returned in the form of checks, which benefit our member-owners, their families, and their local communities.
Texas Farm Credit is a cooperative which means we are owned by our borrowers. This gives us the opportunity to offer a cash back dividend we call patronage.
Apply for a Loan
Inquire about our lending categories to kickstart your prequalification process with zero obligation. Your local Texas Farm Credit lending expert will connect with you to explore loan options customized for your needs.