Lone Star Ag Credit hosts Appreciation Dinner in Sherman

Sherman, Texas – Lone Star Ag Credit, the premier ag-lender in Texas, hosted their 6th Annual Appreciation Dinner on March 11th at Austin College in Sherman, Texas for the stockholders of the Sherman Credit Office.  The dinner was held to thank stockholders for helping make 2007 an extremely successful year and for their continued support of the association.

The dinner celebrated a $5,000,000 cash patronage that will be paid out to stockholders in the first quarter of 2008.  The association’s credit quality and earnings were excellent in 2007 along with continued demand for real estate and significant growth in the associations’ livestock, dairy and agribusiness portfolios.

“Lone Star Ag Credit is growing to meet the needs of rural Texas.  When Lone Star does well, our stockholders also benefit.  That is the wonderful thing about a cooperative,” said Mike Shelley, Lone Star Ag Credit Branch President.

For more than 90 years, Lone Star Ag Credit has been a reliable source of financing for Rural America.  Lone Star Ag Credit provides a unique view in today's banking environment by being a strong, customer-owned bank committed to providing courteous, accurate service through a well-trained, highly motivated staff. Lone Star Ag Credit offers a wide variety of loan programs at competitive rates including agricultural and recreational real estate, rural homes, operating, equipment, livestock and agribusiness loans.   Lone Star Ag Credit has offices located in Fort Worth, Sweetwater, Abilene, Stephenville, Weatherford, Cleburne, Denton, Sherman, Paris and New Boston.

March 11, 2008