You’ve been granted free access to this subscribers only article.
Capital Farm Credit approves $55 million cash distribution
KENEDY -- Capital Farm Credit board of directors recently approved a $55 million cash distribution by retiring a portion of previously allocated equities.
Customers will receive their portion of the cash payment this fall. Capital Farm Credit has a long tradition of strong earnings and, in return, is able to share almost 100 percent of profits with its customers.
“Capital Farm Credit values its customers and the more efficiently we operate, the more profits we can share,” said Ben Novosad, chief executive officer. “We believe this is a value-added service that sets us apart from other financial institutions.”
Capital Farm Credit is the state’s largest rural lender.
For more information, visit www.CapitalFarmCredit.com.
Your Opinions and Comments
Be the first to comment on this story!
You must be logged in to post a comment.
South Texas Living Archives
Bible study in Verdi (July 1, 2015)
Buses, pickup trucks, automobiles, and walking (July 1, 2015)
Davy Crockett, Depression glass (July 1, 2015)
Dog shows start July 8 (July 1, 2015)
Enjoy Fourth of July parade, concert in Seguin (July 1, 2015)
Enjoy Sunday Dances all month (July 1, 2015)
Free July 4 concerts in SA (July 1, 2015)
Free music, fireworks in Brenham (July 1, 2015)
Ice cream makers, tasters needed (July 1, 2015)
Jack's Cafe adds Sports Room and patio (July 1, 2015)
July is for grape stomping (July 1, 2015)
Look who's flying solo! (July 1, 2015)
Memories fly following balloon stories (July 1, 2015)
Register for state-wide Chili Cook-off (July 1, 2015)
Remembering my first haircut (July 1, 2015)
Savor: Summer drinks with calories and exercise equivalents (July 1, 2015)
South Texas Gardener reveals 'mystery plants' (July 1, 2015)
The Gathering Music Show (July 1, 2015)