ArchivesAgTexas Announces $14.3 Million PatronageSPECIAL TO (Lubbock) – AgTexas Farm Credit Services recently announced a $14.3 million qualified patronage distribution with $11.9 million paid in cash to its member patrons. This year’s average patronage check is just over $3,600 and that amount varies in direct proportion to the amount borrowed by each member. “This patronage payment represents the results of profitable operations from AgTexas Farm Credit in 2015, ”AgTexas CEO Tim McDonald said. “As a farm cooperative, our members are our owners, so whenever we do well as a company, we share our earnings with our members. ”McDonald added, “Agriculture is a major economic driver here in Texas, placing food on the consumer’s table and producing the fibers that make our clothes and so many of the convenienceswe enjoy in life.” For the full story SUBSCRIBE to the online edition of The Dalhart Texan, call 244-4511 to setup a subscription to our physical paper or pick a copy up at one of our many convenient newsrack locations. You can also stop by and purchase a paper or subscription in person at our news office located at 410 Denrock Ave. For the full story SUBSCRIBE to the online edition of The Dalhart Texan, call (806) 244-4511 to setup a subscription to our physical paper or pick a copy up at one of our many convenient news rack locations. You can also stop by and purchase a paper or subscription in person at our news office located at 410 Denrock Ave. |
