Great Plains Ag Credit Declares $3.64M Patronage!
The Board of Directors of Great Plains declared a $3.64 million patronage to customers based on 2007 earnings. The amount is a combination of cash and equity allocation. Checks were mailed to customers in April.
“We have returned more than $17 million to our borrowers since 2000, and we are pleased to continue that tradition with this year’s payment,” said Tim McDonald, Great Plains Ag Credit chief executive officer. “This payment includes not only a cash portion, but also allocated equity, which allows us to return a substantial amount of our earnings to customers while providing a solid capital base to help the association grow.” Read more...
Ag Banking Online
Another Cash Management Solution offered by
Great Plains Ag Credit
This summer Ag Banking Online will join the ranks of cash management solutions offered by Great Plains Ag Credit as the ability to transfer funds is opened up to our customers’ home computers.
The association has been working toward enhancing online account access since last fall when Great Plains was chosen as the pilot association by the Farm Credit Bank of Texas for the new software.
Watch for more announcements to come as the final phase of testing is currently under way. Read more...
Feature Story
Rob and Amber Bass were Great Plains Ag Credit’s representatives at the Young Leaders Program in October. The program is designed to give an overview of the Farm Credit System and promote young leaders within the agricultural community. Read more.
Who We Are — A Proud History
Great Plains Ag Credit has a proud history of providing reliable credit to farmers and ranchers on the Texas Great Plains. We offer a full line of agriculture loans, from operating lines of credit to rural land financing. Plus, as a cooperative, we share our earnings with our borrowers through a patronage program.