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We talk about topics from building a home on rural land, to tax planning, to timber planning.
Check out our suite of videos and be sure to subscribe so you'll be alerted as new content is published!
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While 2021 was filled with many global challenges, Texas Farm Credit and its members were blessed to achieve a number of major milestones and accomplishments. We’re thankful to have been your trusted partner through it all, providing the financial resources you needed to get crops out of the ground, deliver livestock to market, help your ag business thrive, and fulfill dreams of land and home ownership. We’ve worked diligently over the past few years to better position ourselves to serve you, and this year we saw much of that effort ripen into remarkable results.
When Texas Farm Credit does well financially, our members benefit. Strong performance allows us to return more patronage in the form of cashback dividends. We’re pleased that 2021 was the 24th consecutive year that we returned cash to customers and the 11th consecutive year we returned allocated surplus.
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Texas Farm Credit Employee Honored as 2022 Tommy Dean Shearrer Community Champion
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LeAnn Beasley has received Texas Farm Credit's 2022 Tommy Dean Shearrer Community Champion Award, which includes a $2,500 donation to a charity of her choice.
Beasley has selected MissionNAC, a non-profit organization established in 2012 and exists to inspire churches of Nacogdoches to come together in unity, amidst diversity, to be a "City set on a hill," for the betterment of their community.
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Passion Forward Initiatives |
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In 2017, our team launched Passion Forward, a charitable giving initiative formed in response to our Board’s challenge to give back 2% of our annual net income to local charitable organizations.
We’re proud to announce that in 2021, we surpassed that goal with a final donated percentage of 2.34%. We’d like to say a special thank you the Texas Farm Credit employees who took time away from their regular workday to volunteer and money out of their own pockets to donate and to our directors for supporting us in this mission.
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Youth Ag Video Showcase Winners |
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Texas Farm Credit recently announced the winners of their Youth Ag Video Showcase and the recipients of the $20,000 cash pot prize.
The showcase encouraged local youth to submit a 2-3 minute video spotlighting their agricultural project or passion. The entries were judged by an employee selection committee using the contest scorecard located on the showcase webpage. The scorecard gave points for overall presentation, creativity, design, content, and organization.
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Texas Farm Credit Hires Insurance Sales
Representative John Paul Ayad
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Texas Farm Credit, an agricultural lending cooperative, recently announced the hiring of John Paul Ayad as an Insurance Sales Representative in its Bonham, Texas branch office.
Agriculture insurance is a set of risk management tools that help protect farmers and ranchers from weather and market price volatility. Policies are tailored to each specific customer and their operation. As experts in rural financing, Texas Farm Credit has decades of policy writing experience.
"We are proud to have J.P. join our Bonham Insurance team," said Jolene Curtis, chief operations officer. " His years of experience in crop insurance will bring tremendous value to our customers and we're excited to share his knowledge and experience with the community."
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Customer Spotlight: Well Stocked |
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The Fritsch family fills a niche in the Texas cattle industry, buying stocker calves at local sale barns and feeding them right.
Texas cattleman Gary Fritsch was just 16 when he learned a lesson that would shape his lifelong business philosophy.
"I went to the bank in Fayetteville and asked the banker for a loan to buy some cattle. He asked me if I had any cattle to offer as collateral," Gary says, recalling the mid-1960s experience. "I told him if I already owned some cattle, I wouldn't need a loan."
Not surprisingly, the loan request was denied. But the enterprising teenager was not deterred. Rather than give up, he borrowed funds from his aunt and resolved to build a cattle herd on his own.
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Texas Farm Credit is an agricultural lending cooperative that specializes in rural financing by providing competitive rates, flexible terms, and personal service to farmers, ranchers, rural residents, and agribusiness firms from the Red River to the Rio Grande Valley.
We make loans for:
- farm and ranch real estate
- hunting and recreational property
- poultry operations
- refinancing of land and equipment
- dairy operations
- livestock
- production inputs such as feed, seed, and fertilizer
- machinery, vehicles, and equipment
- timber
We also offer:
- home loans
- insurance services
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