Practices

AgTexas Farm Credit Services specializes in agricultural lending, leasing, and insurance programs. They offer flexible financing options such as pay-nothing-down leases, tax-deductible payments, and cash-flow management tools. Their insurance services include Multi-Peril Crop Insurance, Livestock Risk Protection, and Pecan Revenue Insurance, tailored to protect farming and ranching operations.

Offerings

The cooperative provides a wide range of financial services: commercial and consumer loans, real estate financing, agriscience loans, equipment financing, and leasing options. AgTexas also supports young, beginning, and small farmers through specialized loan programs and government-backed guarantees. Their online platform, Ag Banking Online, enables cash management with features like mobile remote deposit and electronic bill pay.

Community Focus

As a member-owned cooperative, AgTexas distributes earnings to members through a robust patronage program. Since 2015, they've returned over $166.7 million to customers. They also invest in rural communities through youth scholarships, local sponsorships, and community programs. Loan decisions are made locally, with staff deeply familiar with the agricultural needs of the regions they serve.

History & Mission

Established in 1934, AgTexas is part of the Farm Credit System, a network of borrower-owned institutions providing reliable credit to farmers and ranchers. Their mission emphasizes supporting agricultural operations to ensure food security and economic stability. The cooperative operates under the principle that "Your SUCCESS is our PURPOSE," reflecting their commitment to member success.

Corporate Structure

AgTexas is governed by a board of directors and operates as a cooperative, giving members a voice in business decisions. They maintain transparency with financial reports, privacy policies, and terms of service available online. The institution adheres to federal fair lending and housing laws, ensuring equal opportunity for all customers.