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Patronage Refund - All About Our Capital Distribution Program
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When you obtain a loan through Central Texas Farm Credit, ACA, you become a member of our association - a cooperative owned by its member-borrowers - and can benefit financially from your cooperative's successful operation. Since 1994, through stock reductions, stock equalizations, dividends, and our patronage refund program, we have returned in excess of $33 million to our borrowers. When these distributions are factored into the total cost of a loan, there is a substantial reduction in the cost to our borrowers.

Central Texas Farm Credit, ACA 1994-2008 Capital Distribution History

2008 Patronage $2,500,000
2007 Patronage $3,000,000
2006 Stock Reduction $3,861,490
2005 Patronage $800,000
2004 Patronage $4,544,475
     
2003 Patronage $915,000
     
2002 Patronage $1,010,000
     
2001 Patronage $1,500,000
     
2000 Patronage $1,892,063
     
1999 Patronage $2,000,000
  Stock Reduction $1,139,420
  TOTAL $3,139,420
 
1998 Patronage $1,380,572
 
1997 Patronage $825,000
Stock Reduction $3,206,365
TOTAL $4,031,365
 
1996 Patronage $1,103,148
Dividend $487,781
Stock Equalization $368,530
Stock Reduction $1,166,195
TOTAL $3,125,654
 
1995 Patronage $484,600
Dividend $626,900
Stock Equalization $677,765
TOTAL $1,789,265
 
1994 Patronage $228,568

The above information is for illustrative purposes only. Prior to 2004, Central Texas Farm Credit, ACA existed as five separate corporate entities (FLBA of Coleman, FLBA of San Angelo, FLBA of Brownwood, FLBA of Haskell and Brady Land Bank). Distributions reported for the years 1994 - 2004 reflect the cumulative distributions for the five entities. Any statements regarding Central Texas Farm Credit, ACA's past performance in declaring and distributing capital must not be interpreted as an indication of future performance. Capital distributions can be declared only by Central Texas Farm Credit, ACA's Board of Directors. Economic conditions and association financial performance varies from year to year, resulting in capital distributions which may be more or less than the above.

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