Capital Farm Credit

What Capital Farm Credit does

Capital Farm Credit is a Texas-based agricultural lending cooperative and member of the Farm Credit System, providing loans, leases, and crop and livestock insurance to farmers, ranchers, and rural property buyers across Texas. Founded in 1916-1917 and headquartered in Bryan/College Station, the company operates more than 70 branch and insurance offices covering every major agricultural region of the state, including the Panhandle, South Plains, Rio Grande Valley, Hill Country, and Coastal Bend. Its product portfolio spans operating/production loans, livestock loans, equipment loans and leasing (in partnership with AgDirect and Farm Credit Leasing), land and homesite loans, agribusiness loans, and a dedicated suite for beginning and small producers under the NextGen, AgVista, and AgStart sub-brands. Insurance offerings include crop (hail, multi-peril, pasture/rangeland/forage) and livestock (LRP, DRP, LGM) products, with recent acquisitions of Taylor, Bennett, and Ag Crop Insurance agencies expanding the insurance book.

Revenue is generated primarily through interest income on a distributed loan portfolio across SMB and individual agricultural borrowers, supplemented by insurance premiums, equipment and facility lease payments, and fee income. The cooperative distributes a portion of earnings back to members through its Patronage Program, which has returned more than $2.9 billion since 2006 — most recently $100.8 million in cash alongside a $94.5 million declared allocation in 2026 — effectively lowering the cost of borrowing and reinforcing member loyalty. Distribution combines a deep branch-based relationship-management model with emerging digital channels: the AgriNext platform (developed in partnership with Techwave, with CFC as exclusive North American Go-To-Market partner), an online banking portal, and a loan calculator and rate-conversion toolset support self-serve applications and portfolio management. Customer segments span full-time farmers and ranchers, beginning and historically underserved producers, agribusiness operators (beef, dairy, poultry, grain, processing), aquaculture/mariculture businesses, and rural property buyers seeking recreational or homesite financing. Leadership is headed by President & CEO Jeff Norte and South Texas Region President Tim Knesek, with the company privately held under cooperative ownership and no public ticker.

Name

Capital Farm Credit

Legal name

Capital Farm Credit, ACA

Website

https://capitalfarmcredit.com

Company type

Private

Founded year

1917

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Capital Farm Credit is a Texas agricultural lending cooperative and Farm Credit System member providing loans, leases, and crop and livestock insurance to farmers, ranchers, and rural property buyers through 70+ branches statewide.

Ownership category

akta.pro rank

Product category

Agricultural Lending

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221), Credit Unions (52213)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), Finance Lessors (6172), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Agricultural & Rural Cooperatives (Farm Credit/Co-op Banks) (FSABAEAG)

akta.pro secondary industries

Inventory & Warehouse Finance (Warehouse Receipts, Stock Finance) (FSABAHAF), Balance-Sheet / Portfolio CRE Lending (FSALADAG), Capital Projects & Farm Expansion Advisory (Feasibility, Site Planning, ROI) (AFACAJAN)

Keywords

• Agricultural lending
• Crop insurance
• Farm equipment financing
• Rural home loans
• Cooperative banking

Headquarters

HQ city

Bryan

HQ country

United States

HQ region

North America

Offices64 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Agricultural Lending Interest Income: Capital Farm Credit earns interest income from loans provided to farmers, ranchers, and rural Texans. Loan types include operating/production loans, livestock loans, equipment loans and leasing, land loans, home loans, and agribusiness loans. Interest rates offered include both fixed and variable options.
2. Insurance Premium Income: Following the acquisition of Ag Crop Insurance Agency, Capital Farm Credit earns income from crop insurance (Crop Hail & Wind, Multi-Peril, Pasture/Rangeland/Forage, Annual Forage) and livestock insurance (Livestock Risk Protection, Dairy Revenue Protection, Livestock Gross Margin) products offered to agricultural producers.
3. Equipment and Facility Leasing: Capital Farm Credit provides leasing through Farm Credit Leasing for a wide range of agricultural assets including farm storage buildings, grain bins, livestock barns, machinery, vehicles, irrigation equipment, and processing lines. Lease payments represent a revenue stream.
4. Patronage Returns (Cost Reduction): As a cooperative, Capital Farm Credit returns a portion of earnings to members through its Patronage Program. This effectively lowers the cost of borrowing for members and strengthens member loyalty. The company has distributed more than $2.9 billion since 2006.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

Capital Farm Credit is a member-owned agricultural lending cooperative that provides loans, leases, and crop and livestock insurance to Texas farmers, ranchers, agribusinesses, and rural property buyers. Its core offerings include operating/production loans, livestock loans, equipment loans and leasing, land and home loans, agribusiness financing, beginning producer programs, and risk protection through crop and livestock insurance products. The cooperative returns a portion of its earnings to members through the Patronage Program.

Product overview

Capital Farm Credit offers a comprehensive portfolio of agricultural financial products organized across several core categories: (1) Agriculture Loans including Operating/Production Loans, Livestock Loans, Equipment Loans & Leasing (via AgDirect partnership), Aquaculture & Mariculture Loans, and general Leasing (via Farm Credit Leasing); (2) Land Loans covering Recreational Land, Cash Equity, and Improvement Loans; (3) Home Loans comprising Homesite and Construction Loans; (4) Agribusiness Loans for specialized sectors; (5) Beginning & Small Producer Loans under the NextGen, AgVista, and AgStart sub-brands; (6) Insurance Products including Crop Insurance and Livestock Insurance; and (7) Support Programs such as the Patronage Program and AgriRoots educational initiative. The company also provides digital tools including a Loan Calculator, Rate Conversion service, Search for Land Tool, and Online Banking platform. The portfolio is unified under a cooperative model that returns earnings to members through patronage.

Differentiator

Problem solved

Functional benefit

Brands

• AgriRoots: A community and educational program for beginning and small producers, including the AgriRoots Conference, Emerging Leaders Institute, and the GROW Your AgriRoots Contest.
• AgriNext
• Patronage Program
• NextGen Loans
• AgVista Loans
• AgStart Loans

Products and services

• Operating (Production) Loans Short-term lines of credit providing flexible financing for seasonal or cyclical cash flow needs, covering expenses such as seed, fertilizer, crop protection, livestock purchases, labor, equipment maintenance, and fuel for farmers and ranchers.
• Livestock Loans Flexible financing solutions for purchasing livestock, breeding programs, feedlots, dairy operations, poultry production, and swine production, with both fixed and variable interest rate options.
• Equipment Loans & Leasing Equipment financing offered in partnership with AgDirect covering purchase, lease, or refinance of new and used agricultural equipment with flexible terms ranging from 2-7 years and no prepayment penalties.
• Aquaculture & Mariculture Loans Specialized financing for aquatic agribusinesses including fish farms, shellfish operations, hatcheries, and seafood processing, supporting facility development, equipment, sustainability upgrades, and working capital.
• Farm Credit Leasing Flexible leasing options for agricultural facilities and equipment including storage buildings, grain bins, livestock barns, machinery, vehicles, irrigation equipment, and processing lines, accessed through the Farm Credit Leasing partnership covering more than 15,000 asset types.
• Recreational Land Loans Financing for rural property used primarily for personal enjoyment including hunting land, weekend getaways, fishing, hiking, and family retreat acreage, with low down payment options without PMI.
• Cash Equity Loans Equity financing solutions allowing landowners to borrow against property value for debt consolidation, business expansion, or operational cash flow without refinancing existing mortgages.
• Improvement Loans Financing for farm and ranch enhancements including infrastructure development, irrigation systems, fencing, land leveling, facility expansions, and conservation efforts.
• Homesite Loans Land financing for purchasing rural homesites outside city limits with terms up to 25 years, fixed or adjustable rates, and minimum 15% down payment.
• Construction Loans Construction financing combining short-term building loans with permanent mortgages, including one-time close options, interest-only payments during construction, and financing for barndominiums and modular homes.
• NextGen Loans Loan program for beginning producers with less than 10 years of experience, offering flexible financing with no loan cap, down payment assistance, and flexible credit requirements designed for lower debt coverage ratios.
• AgVista Loans Program for new farmers, nontraditional ag businesses, and historically underserved producers with gross cash farm income under $350,000, featuring no origination fees and leadership incentives for completing the Emerging Leaders Institute.
• AgStart Loans Youth financing program for 4-H and FFA members supporting junior market, breeding, and commercial livestock projects with reduced interest rates and repayment based on project sales.
• Agribusiness Loans Specialized loans for large-scale food, fiber, fuel, and raw materials operations across multiple sectors including beef and livestock, dairy, poultry, processing and marketing, grain and biofuels, greenhouse and nursery, warehousing/storage/distribution, and viticulture/wineries.
• Crop Insurance Insurance coverage including Crop Hail & Wind, Crop & Pasture Fire, Pasture Rangeland & Forage, Annual Forage, and Multi-Peril insurance for agricultural producers across Texas.
• Livestock Insurance Protection for livestock operations including Livestock Risk Protection, Dairy Revenue Protection, and Livestock Gross Margin insurance.
• Online Banking Digital banking platform for members to access and manage their loan and deposit accounts online.
• AgriNext Digital Lending Platform A next-generation customer engagement platform for agricultural lending supporting loan applications, portfolio management, compliance-driven processes, and 360-degree borrower-lender engagement, developed in partnership with Techwave.
• Rate Conversions Service allowing members to adjust their loan rate or term when market conditions change without refinancing, offering low costs with no appraisals or additional paperwork required.

Quantifiable outcome

• $2.9 billion+ returned to members since 2006 through Patronage Program
• +5 more outcomes

Named customers19 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• TechwavecoreTechnology or Integration · 27 March 2026Techwave and Capital Farm Credit formed a strategic collaboration for the AgriNext platform, with Techwave serving as the exclusive Go-To-Market partner for the platform across North America. The partnership combines Capital Farm Credit's century-long expertise in agricultural finance with Techwave's digital capabilities to modernize borrower-lender engagement through a 360-degree digital platform supporting loan applications, portfolio management, and compliance-driven processes. The collaboration aims to extend digital lending services to farmers, ranchers, and agricultural lenders while strengthening technology relationships across the agricultural financing ecosystem.
• AgDirectcoreChannel Partner/ Reseller/ DistributorCapital Farm Credit partners with AgDirect, a leading provider of equipment financing, to offer tailored equipment loan and leasing solutions designed specifically for Texas agricultural producers. AgDirect is backed by Farm Credit's deep knowledge of the Texas agriculture industry and provides fast approvals, competitive rates, and flexible financing terms ranging from 2-7 years with no prepayment penalties.
• Farm Credit LeasingcoreChannel Partner/ Reseller/ DistributorCapital Farm Credit offers leasing services through Farm Credit Leasing, providing access to more than 15,000 different types of equipment, vehicles, and facilities that can be leased for agricultural operations including farm storage buildings, grain bins, livestock barns, machinery, vehicles, irrigation equipment, and processing lines.
• Ag Crop Insurance AgencycoreOthersCapital Farm Credit acquired Ag Crop Insurance Agency, a family-owned insurance agency operating since 1997, to strengthen risk protection services for agricultural producers in the High Plains region of Texas. The acquisition adds 454 insurance customers, approximately $15 million to CFC's insurance portfolio, and eight employees and contractors, with Ag Crop remaining at its current offices in Stamford.
• Texas A&M AgriLife Extension ServiceminorStrategic or Co-development PartnerCapital Farm Credit co-sponsored the FarmHope workshop organized by Texas A&M AgriLife Extension Service and the Texas A&M Health Telehealth Institute in Lubbock, Texas, to help farmers and ranchers navigate economic stressors and plan for 2026. Capital Farm Credit provided lunch sponsorship alongside Texas Corn Producers, Texas Wheat Producers, and Texas Peanut Producers.
• Farm Credit SystemcoreOthersCapital Farm Credit is part of the Farm Credit System, a nationwide network of financial institutions that provides credit to farmers, ranchers, and rural communities. This affiliation provides Capital Farm Credit with access to capital markets funding at favorable rates.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• AgriBank:
• Compeer Financial: One of the largest Farm Credit System associations in the U.S., serving Illinois, Minnesota, and Wisconsin. Comparable cooperative structure and agricultural lending portfolio, but operates at much larger scale across multiple states — useful benchmark for capital deployment and product breadth.
• Farm Credit Mid-America: A large multi-state Farm Credit System association serving Indiana, Ohio, Kentucky, and Tennessee. Comparable agricultural lending focus and cooperative economics, with a broader geographic footprint than Capital Farm Credit.
• CoBank: A Farm Credit System bank providing wholesale funding and direct lending to agricultural cooperatives and rural infrastructure providers across the U.S. Indirectly comparable as the upstream capital provider within the same Farm Credit System.

Direct peers

• Farm Credit Bank of Texas: The funding bank for the Texas Farm Credit System, of which Capital Farm Credit is an affiliated association. Directly comparable as a Texas-headquartered agricultural lender serving the same market through affiliated lending cooperatives.
• Texas Farm Credit: A fellow Farm Credit System lending cooperative serving Texas farmers, ranchers, and rural property buyers. Offers a similar product suite (operating loans, land loans, equipment financing, insurance) in overlapping Texas geographies, making it a direct head-to-head competitor.
• AgTexas Farm Credit Services: A Farm Credit System association headquartered in Lubbock, Texas. Provides operating loans, real estate loans, livestock loans, and equipment financing to farmers and ranchers in the Texas Panhandle and South Plains — the same regions where Capital Farm Credit operates.
• Lone Star Ag Credit: A Texas Farm Credit System association serving agricultural producers across North Texas. Offers land, livestock, equipment, and operating loans with a cooperative structure functionally identical to Capital Farm Credit.
• Plains Land Bank: A Farm Credit System association operating in the Texas Panhandle and surrounding regions. Provides real estate, operating, and agribusiness loans to farmers and ranchers in overlapping Texas geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• Xx.com/CapitalFarmCred
• YouTubeyoutube.com/user/CapitalFarmCredit
• Facebookfacebook.com/CapitalFarmCredit
• LinkedInlinkedin.com/company/capital-farm-credit
• Instagraminstagram.com/capitalfarmcredit

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capital Farm Credit