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Patronage Dividends

Patronage: Sharing Our Earnings with our Customers

Lone Star Ag Credit is a customer-owned lending cooperative. That means our borrowers are also owners who have the opportunity to share in our earnings through an all cash patronage dividend. We believe in giving back to the valued stockholders who make our success possible.

Two Record Years

We’re proud to have had not one, but two record years of giving back to our stockholders.

$20.3M & $19.5M

patronage distributions on 2018 & 2019 earnings, the two largest distributions in Lone Star’s history

$141.5

total distribution returned to borrowers since 2000

1.5%

reduction of the effective interest rate paid by each borrower in 2018

16

offices covering 48 counties throughout north and central Texas


How Does Patronage Work?

Part of our mission and tradition is the paying of a patronage dividend. Every year, Lone Star Ag Credit’s board of directors reviews the Association’s financial health and determines our ability to pay a cash dividend to eligible stockholders through our patronage program – typically in the spring. Other remaining earnings are retained as capital to keep our Association strong for the future.

This year’s robust patronage distribution. 

We are extremely pleased that in the spring of 2020, Lone Star Ag Credit will paid an all cash patronage distribution on 2019 earnings equivalent to 150 basis points on average. This distribution reduces the effective interest rate paid by each borrower in 2019 by an average of 1.5 percentage points. This strong distribution of $19.5 million is a great indication of Lone Star’s continued financial health and commitment to our stockholders.

With this distribution, Lone Star Ag Credit will have returned $141.5 million to our borrowers since 2000!

People, Products and Patronage

Hear Senior Regional President Justin Wiethorn discuss these three keys to Lone Star’s business

Patronage FAQS

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Get Details

Learn more about our Patronage program and our various financing options

Patronage Details

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