Patronage payments totaling $600,000 were paid to Central Texas Farm Credit, ACA stockholders in February 2003. The patronage refunds are based on strong 2002 earnings. This is the sixth consecutive year that Central Texas Farm Credit, ACA stockholders received patronage payments, which reduce their overall cost of borrowing from the association. This year's refund amounted to about 5.5% of the interest that our customers paid on their loans during the year.

 
FLBA Donations Assist Local Youth Programs

Since 1996, Central Texas Farm Credit, ACA has helped underwrite the West Texas Rehabilitation Center in the "Round-Up for Rehab" campaign. The association believes in promoting the future of agriculture through programs such as these and others including local livestock shows and area 4-H contests.

Tenure

The association is blessed with long-term employees with a strong knowledge of the real estate in their area. The association CEO will have 37 years of service in 2003, Brownwood branch president 32 years, San Angelo branch president 24 years, Haskell branch office 22 years, and the Coleman branch president 18 years. Members of the support staff have up to 25 years of service.