Farm Credit Bank of Texas

What Farm Credit Bank of Texas does

Farm Credit Bank of Texas is a federally chartered wholesale bank operating within the U.S. Farm Credit System, a government-sponsored enterprise established by Congress in 1916 and regulated by the Farm Credit Administration. Headquartered in Austin, Texas, the bank provides funding, IT solutions, and back-office support to 12 affiliated lending cooperatives that together operate more than 180 offices across five states: Texas, Alabama, Louisiana, Mississippi, and New Mexico. The bank does not originate loans directly to end borrowers; instead, it funds its affiliates by issuing highly rated Farm Credit notes and bonds and participates in loan syndications with other Farm Credit System banks, regional banks, and commercial banks, holding $42.0 billion in total assets and $34.2 billion in loan volume as of March 31, 2026, and carrying credit ratings of Aa3 (Moody's) and A+ (Fitch).

The bank's core offerings are organized around wholesale banking services to affiliated lending associations, capital markets syndications and participations for complex agribusiness and rural infrastructure financings, and the issuance of Farm Credit notes and bonds that fund the affiliated cooperative network. Capital Markets activity covers senior secured and unsecured revolving credit, term loans, corporate bonds, project financing, and private placements, with stated turnarounds of 2–3 business days for preliminary indication and 1–2 weeks for formal approval. Supporting technology includes software applications made available to borrowers through affiliated associations, a public "Find a Lender" portal across the district, and integration with Google Analytics for web measurement. The bank holds no patents and discloses no proprietary AI or ML systems.

Farm Credit Bank of Texas operates a customer-owned cooperative model in which the affiliated lending associations are simultaneously the bank's wholesale borrowers and the recipients of annual patronage distributions from bank earnings. Net income for the period ending 03/31/2026 was $73.9 million. End-customer segments reached through the affiliated network span the agricultural value chain — including crop production, livestock and protein processing, ag inputs, timber, food and beverage manufacturers, cooperatives, and rural real estate — alongside larger agribusiness enterprises served through Capital Markets. The bank maintains a five-state geographic footprint, with no disclosed international operations and a federally chartered, GSE-anchored regulatory perimeter.

Name

Farm Credit Bank of Texas

Legal name

Farm Credit Bank of Texas

Website

https://farmcreditbank.com

Company type

Private

Founded year

1916

Operating status

Operating

Headcount range

251–500 employees

Short description

Farm Credit Bank of Texas is a federally chartered wholesale bank within the U.S. Farm Credit System, providing funding, IT solutions, and capital markets services to 12 affiliated lending cooperatives across Texas, Alabama, Louisiana, Mississippi, and New Mexico, supporting agricultural producers, rural landowners, and agribusiness companies.

Ownership category

akta.pro rank

Product category

Agricultural Wholesale Banking

SIC

Federal & Federally-Sponsored Credit Agencies (6111), National Commercial Banks (6021)

akta.pro industry

PRIMARYFSABAEAG

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

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Community & Cooperative Banking (Credit Unions, Mutuals)

Keywords

• Agricultural wholesale banking
• Rural lending services
• Farm credit financing
• Loan syndications
• Cooperative lending support

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Farm Credit Notes and Bonds: The bank sells highly rated Farm Credit notes and bonds to fund its affiliated lending cooperatives, allowing them to provide essential loans to rural America. This is the primary mechanism for funding operations.
2. Patronage Distributions: Each year, the bank shares its earnings as patronage with its lending cooperatives, allowing them to pass on the value to their borrowers. This represents the bank's earnings distribution model to owner-borrowers.
3. Loan Syndications and Participations: The bank participates in loan syndications and participations with other Farm Credit System banks and associations, regional banks, commercial banks, and other financial institutions to fund complex financial transactions.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Farm Credit Bank of Texas operates as a wholesale bank within the U.S. Farm Credit System, providing funding, IT solutions, and support services to 12 lending cooperatives across Alabama, Louisiana, Mississippi, New Mexico, and Texas. It funds these affiliated associations through the issuance of Farm Credit notes and bonds, and participates in loan syndications with other Farm Credit System banks and commercial institutions for large agribusiness and rural infrastructure transactions.

Product overview

Farm Credit Bank of Texas operates as a wholesale bank providing funding, technology solutions, and support services to 12 lending cooperatives across five states (Alabama, Louisiana, Mississippi, New Mexico, Texas). The bank's core offerings include wholesale banking services for rural real estate, agribusiness, and agricultural production financing; capital markets services for loan syndications and participations; and the sale of Farm Credit notes and bonds to fund affiliated lending co-ops. Additional offerings include the Find a Lender Portal for locating local agricultural lenders, software applications for borrower use, and the archived Landscapes Magazine publication. The bank does not originate loans directly but serves as a syndication and participation partner for complex financial transactions.

Differentiator

Problem solved

Functional benefit

Products and services

• Wholesale Banking Services Provides funding, technology solutions, and other support services to 12 lending cooperatives across five states, enabling them to finance rural real estate, agribusiness, and agricultural production.
• Capital Markets - Syndications & Participations Partners with other Farm Credit System banks, regional banks, commercial banks, and financial institutions to fund complex financial transactions including senior secured and unsecured revolving lines of credit, term loans, corporate bonds, project financing, and private placements.
• Farm Credit Notes and Bonds Sells highly rated Farm Credit notes and bonds to fund affiliated lending cooperatives, with annual patronage distributions to these co-ops.
• Find a Lender Portal Web-based portal (findfarmcredit.com) allowing users to locate lenders by county, address, or zip code across the district's 180+ office locations.

Quantifiable outcome

• 2-3 business days for preliminary indication of financing
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Four partnerships are on record, tiered core and major.

• Other Farm Credit System Banks and AssociationscoreStrategic or Co-development PartnerFarm Credit Bank of Texas partners with other Farm Credit System (FCS) banks and associations in loan syndications and participations, combining diverse attributes to fund complex financial transactions. This is a core part of the bank's capital markets operations.
• Regional Banks and Commercial BanksmajorStrategic or Co-development PartnerThe bank partners with regional banks, commercial banks, and other financial institutions in loan syndications and participations to fund complex financial transactions for agricultural businesses.
• 12 Farm Credit AssociationscoreStrategic or Co-development PartnerThe bank provides funding and services to 12 lending cooperatives: AgTexas Farm Credit Services, AgTrust ACA, Alabama Ag Credit, Alabama Farm Credit, Capital Farm Credit, Central Texas Farm Credit, Legacy Ag Credit, Louisiana Land Bank, Mississippi Land Bank, Plains Land Bank, Southern AgCredit, and Texas Farm Credit Services. The bank facilitates lending and provides support to these associations within its district.
• Two Other Financing InstitutionsmajorStrategic or Co-development PartnerThe bank funds multiple lending cooperatives and two other financing institutions in Alabama, Louisiana, New Mexico, Mississippi, and Texas as part of its district operations.

Scale indicators9 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• CoBank: CoBank is a Farm Credit System bank and direct institutional peer - both are federally chartered wholesale banks that fund affiliated lending cooperatives and provide capital markets/syndication services across rural America, with overlapping capital markets, syndications, and cooperative-borrower mandates.
• AgriBank: AgriBank is a fellow Farm Credit System bank operating as a wholesale lender to Farm Credit associations across a similar multi-state district, making it the closest structural analogue to FCBT in funding cooperative affiliates and providing capital markets services.
• AgFirst Farm Credit Bank: AgFirst is one of the four remaining Farm Credit System wholesale banks, chartered to fund associations serving the Southeast and Mid-Atlantic - a direct functional peer to FCBT with the same cooperative/wholesale banking model and Farm Credit System oversight.
• Farm Credit Bank of America (FCSAmerica): FCSAmerica is the fourth Farm Credit System wholesale bank serving the Midwest/Plains states, another direct peer running the same wholesale funding, capital markets, and IT/technology services model for affiliated Farm Credit associations.

Broad incumbents

• Federal Farm Credit Banks Funding Corporation: The Funding Corporation is the System-wide GSE entity that issues Farm Credit notes and bonds in the capital markets on behalf of the four banks; comparable to FCBT because it sits at the same funding/issuance nexus of the Farm Credit System.
• Rabobank (Rabobank North America Wholesale / Rabo AgriFinance): Rabobank's North American wholesale and Rabo AgriFinance franchise is a globally significant agricultural lender competing with FCBT for large agribusiness loan participations, syndications, and food-and-ag value-chain financing mandates.
• Wells Fargo Agricultural Banking: Wells Fargo's Agricultural Banking group competes with Farm Credit lenders across the loan participation and syndication market for large agribusiness and food processors, making it a broad incumbent peer in the same target customer base.
• MetLife Agricultural Finance: MetLife's Agricultural Finance group provides long-term, fixed-rate mortgage lending to agricultural producers and agribusiness - directly comparable to Farm Credit's long-term rural real estate lending mission and competing in the same niche.

Others

• Farm Credit Administration: FCA is the federal regulator that oversees all Farm Credit System banks, including FCBT; included as an adjacent/ecosystem participant that defines the bank's capital, lending, and product boundaries.

Regional players

• Capital Farm Credit: Capital Farm Credit is the largest affiliated Farm Credit association within FCBT's Texas district, serving as both a customer of FCBT's wholesale funding and a regional agricultural lender operating across the same Texas footprint as the wholesale bank's strongest market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks4 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/farm-credit-bank-of-texas
• Xx.com/findfarmcredit
• Facebookfacebook.com/farmcreditbankoftexas

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries12 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 Farm Credit Bank of Texas