CATTLE RAISERS COMMUNITY


INDUSTRY ALLIED


Lone Star Ag Credit Returns a Record $12.1 Million to Borrowers


L


ONE STAR AG CREDIT, A CUSTOMER- owned lending cooperative, is


distributing $12.1 million to its bor- rowers this spring. The payment is one of the ways


that Lone Star fulfi lls its mission to be an effi cient, responsive and de- pendable source of credit to enhance the quality of life in rural America. Borrowers become stockholders in the cooperative, which gives them the opportunity to share in its fi nan- cial success through its patronage dividend program. With this year’s patronage pay-


ment, Lone Star is returning more than 44 percent of its $27.1 million 2014 net income to its stockholders, effectively lowering their interest rates by a full percentage point. Lone Star Ag Credit serves 48


Texas counties and provides fi nanc- ing for rural land, rural homes, agribusinesses, livestock, and ag- ricultural equipment and operating expenses. Lone Star is part of the Farm Credit System, a nationwide network of agricultural and rural lending cooperatives.


1-800-204-3101 • SOUTHPOINTCATTLE.COM Rodney Schmidt, Owner 979-743-5975


11700 FM 1383 • Schulenburg, TX 78956 Greg Wanjura, Manager 979-820-8872 tscra.org


Bonded Dealer of ALL Classes of Cattle June 2015 The Cattleman 21


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