AG BANKING ONLINE

All CTFC Offices will be closed on Monday, December 24th and Tuesday, December 25th for Christmas break.

Committed to Agriculture,
Proud to Be Different

Boyd "Jimmy" Chambers

At Central Texas Farm Credit, we often talk about how Farm Credit supports rural communities and agriculture. It’s our mission, and we’re proud to fulfill it every day. But what does that really mean?

As a cooperative, we’re owned by you and our many other stockholders. Our board members are borrowers themselves, who are elected by their fellow borrowers. They provide important direction and ensure the safety and soundness of our organization. Our board members are committed to maintaining a financially strong association to be sure that we can provide a reliable source of credit for farmers, ranchers and rural property owners. Our directors also feel strongly about supporting the next generation of farmers and ranchers and ensuring that we always have the staff in place to serve your needs. They know firsthand the ups and downs of the agricultural industry and are here for you during both good times and bad.

When we have a good year, our customer-owners benefit. Our net income is used in only two ways: It’s retained as capital by our association to build financial strength that ensures future generations a reliable source of credit, and — typically — the majority of our profits are passed on to you as patronage refunds that effectively lower our average borrower’s interest rate by about 1.5 percentage points. We’ve proudly returned over $60 million dollars to our shareholders since 1994, including a record $6.3 million cash patronage paid this spring based on our 2017 earnings.

Those aren’t the only things that make Central Texas Farm Credit different. Our staff is willing to go the extra mile — or 100 miles, if necessary — to help you out. We’ll come to your farm or business to touch base, talk about your operation and see if we can provide additional support. What’s more, our deep understanding of agriculture is genuine. Most of us grew up in rural areas, and some of us still have a hand in farming or ranching, so we personally understand the business decisions you face.

We try to make a difference in your life and your ag business by offering specialized services and loan products. Some of these include special loan programs for young, beginning and small farmers, cash management products, equipment financing, refinancing, business expansions, and short-term loans for operating and equipment needs, including lines of credit and more.

Ultimately, however, what makes the Farm Credit difference is personal relationships — such as relationships that are formed when you become a customer-owner of the co-op or when our loan officers literally take their expertise to your farm or business. We are truly committed to rural America and supporting the men and women who produce our food, fiber and fuel.

Thank you for choosing Central Texas Farm Credit as your lending partner.

Sincerely,

Boyd J. Chambers signature

Boyd J. "Jimmy" Chambers
Chief Executive Officer