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Technology, education and mechanization

Made for Farmers, Owned by Farmers

The Story of Farm Credit, Rural America's Cooperative Lender

When W.S. and Mary Smith of Grayson County, Texas, signed their loan with the Van Alstyne National Farm Loan Association (NFLA) on May 22, 1917, it is doubtful they realized they were making history.

Like many of their neighbors, the Smiths simply wanted a better deal for their farm loan than the 8 percent interest rate they were paying another lender. They found it in the 5 percent rate offered through the new lending cooperative in their rural North Texas community. And in so doing, they became the first Farm Credit borrowers in the original Tenth Farm Credit District — now commonly referred to as the Texas District. More >

History in the makingHistory in the Making

District's First Land Bank and PCA Loans Changed Lives for the Better.

Looking back at Texas (Tenth) Farm Credit District history, two dates stand out... More >

Dale Nix, chairman of the Federal Farm Credit Board, 1981-82A Ranching Legacy

Five Generations of the Todd-Nix Family

Growing up during the 1950s drought in Hemphill County in the northern Texas Panhandle, William D. “Bill” Nix Jr. learned early on not to complain about tough times on the family ranch. More >

Four generations of the Harris familyLoyal to the Land Bank

Four Generations of the Harris Family

Steve Harris of Mineola, Ala., loves to tell how Alabama Ag Credit has stood rock solid behind his family for nearly a century. More >