Legacy Ag Credit, ACA

What Legacy Ag Credit, ACA does

Legacy Ag Credit, ACA is a borrower-owned agricultural credit association founded in 1916 and headquartered in Sulphur Springs, Texas. As a chartered member of the federally-backed Farm Credit System, the cooperative provides specialized agricultural and rural lending across ten Northeast Texas counties through six branch offices (Sulphur Springs, Canton, Gilmer, Longview, Terrell, Marshall). Its product portfolio spans approximately 15 loan categories including rural land, ranch, farm operating, livestock, equipment, agribusiness, rural home, barndominium, equestrian, recreational land, poultry, timber, and YBS (Young, Beginning, and Small) farmer loans, supported by cash management services (AgriLine, FastCa$h, GFX, LockBox) and a Q2-powered digital banking platform (Ag Banking Online and mobile app).

The cooperative generates revenue primarily through interest income on its loan portfolio and distributes approximately 50% of net earnings back to member-borrowers via an annual patronage program, which has run for 15 consecutive years and returned over $24.5 million cumulatively over the past decade. Decision-making is fully local, with relationship managers and branch managers drawn from farming and ranching backgrounds, and all loan decisions made in-region rather than centralized. GTM motion is relationship-led via branch network, community engagement (FFA/4-H grants, $20,000 annual scholarships, Farm Credit Fly-In advocacy, Ag Day, Poultry Conference), and a sales-led model targeting farmers, ranchers, rural homeowners, and rural land investors in the Northeast Texas service area.

Name

Legacy Ag Credit, ACA

Legal name

Legacy Ag Credit, ACA

Website

https://legacyaca.com

Company type

Private

Founded year

1916

Operating status

Operating

Headcount range

11–50 employees

Short description

Legacy Ag Credit, ACA is a borrower-owned Farm Credit System cooperative providing agricultural and rural lending — including land, ranch, equipment, livestock, poultry, timber, and rural home loans — to farmers, ranchers, and rural homeowners across ten Northeast Texas counties via six branch offices.

Ownership category

akta.pro rank

Headquarters

HQ city

Sulphur Springs

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Agricultural Loan Interest Income: Legacy Ag Credit generates revenue primarily through interest charged on loans to farmers, ranchers, rural landowners, and agribusiness operators. As a cooperative, net earnings after operational reserves are distributed back to members through the patronage program, with approximately 50% of annual net income returned to member-borrowers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Legacy Ag Credit, ACA is a customer-owned agricultural lending cooperative and part of the Farm Credit System, headquartered in Sulphur Springs, Texas. The association provides loans and related financial services to farmers, ranchers, rural landowners, agribusinesses, and rural homeowners across Northeast Texas. Its product set spans agricultural real estate, operating, livestock, equipment, timber, poultry, and rural residential financing, complemented by digital banking and cash management tools.

Product overview

Legacy Ag Credit, ACA is a borrower-owned agricultural cooperative providing a comprehensive suite of rural financing products. The company operates as a platform-plus-modules architecture centered on agricultural lending with 15 distinct loan products spanning land acquisition, farm operations, livestock, equipment, rural homes, and specialized segments (poultry, timber, equestrian). Supporting the core lending products are value-added services including Ag Banking Online/Mobile, Cash Management Services (AgriLine, FastCa$h, GFX, LockBox), a Land Loan Calculator, and scholarship/grant programs. As a Farm Credit System member, the cooperative offers long-term fixed-rate options and an annual patronage dividend program. Decision-making is local with six branch offices across Northeast Texas.

Differentiator

Problem solved

Functional benefit

Products and services

• Rural Land Loans

Quantifiable outcome

• $2.2 million in patronage returned to member-borrowers in 2026 (15th consecutive year)
• +2 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Farm Credit SystemcoreStrategic or Co-development PartnerLegacy Ag Credit is a member of the nationwide Farm Credit System, a network of cooperatively owned banks and lending associations that provides financing to agriculture and rural America. The Farm Credit System has been operating for over 100 years and provides funding through the sale of notes and bonds to investors, supplying steady funding for agricultural loans. Legacy benefits from access to capital markets funding, regulatory support, and the strength of the System's mission-driven structure focused exclusively on agricultural lending.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Capital Farm Credit: The largest Farm Credit association in Texas, also part of the Farm Credit System. Offers the same core agricultural and rural lending products (land, equipment, livestock, rural home loans) to Texas borrowers, providing the most direct head-to-head competition for Legacy Ag Credit across overlapping Texas geographies.
• Texas Farm Credit: Farm Credit association headquartered in Robstown, Texas serving South and Central Texas with land, livestock, equipment, and agribusiness loans. Shares the cooperative patronage structure and target borrower base (farmers, ranchers, rural homeowners) with Legacy Ag Credit.
• AgTexas Farm Credit: Another Texas Farm Credit cooperative offering agricultural real estate, operating, equipment, and rural home loans across Texas. Operates the same cooperative patronage model and shares the Farm Credit System funding infrastructure, making it a direct comparator in cooperative ag lending economics and product design.

Broad incumbents

• Compeer Financial: One of the largest Farm Credit associations in the U.S., serving Illinois, Minnesota, Wisconsin, and Michigan. While geographically separate from Texas, it operates the same Farm Credit cooperative model with a much larger and more diversified portfolio, providing a useful benchmark for cooperative ag lending economics at scale.
• AgAmerica Lending: Privately held agricultural lender offering land loans, operating lines, and ranch financing across the southern U.S. While not a Farm Credit cooperative, it competes for the same agricultural borrower base with similar product structures, including long-term fixed-rate land loans — directly comparable to Legacy's core product set.
• MetLife Agricultural Investments: Institutional agricultural mortgage lender and one of the largest participants in the U.S. ag real estate market. Provides large-scale agricultural mortgage financing to borrowers and Farm Credit associations, representing an alternative capital source that could displace or compete with Legacy's lending programs.

Regional players

• Plains Land Bank: Farm Credit association serving the Texas Panhandle and surrounding regions. Comparable in cooperative structure and product mix but operates in a different geography (Panhandle row crops and cattle country) rather than directly competing with Legacy's Northeast Texas territory.
• AgHeritage Farm Credit Services: Farm Credit association serving Arkansas and surrounding states with agricultural and rural lending products. Comparable cooperative structure and product mix to Legacy, though operating in an adjacent regional market rather than directly competing in Northeast Texas.

Others

• Farm Credit Bank of Texas: Wholesale funding bank for the Texas Farm Credit System, providing capital markets access to Legacy Ag Credit and other Texas associations. Not a direct competitor but the upstream counterparty whose funding costs and policies directly shape Legacy's loan pricing and product economics.
• Farmer Mac: Federal Agricultural Mortgage Corporation providing a secondary market for agricultural real estate loans. While not a direct competitor for retail borrowers, Farmer Mac's loan purchase programs enable Farm Credit associations like Legacy to manage portfolio risk, generate fee income, and access capital markets funding.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AgLegacy
• Facebookfacebook.com/legacyagcredit
• LinkedInlinkedin.com/company/legacy-ag-credit-aca

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Legacy Ag Credit, ACA