Tyler, TX (February 9, 2018) - Heritage Land Bank, with branches throughout North, East, and Deep East Texas, proudly announced its purchase of the Bred Champion Hereford at the 2018 Fort Worth Stock Show & Rodeo for $43,000. The 18-month-old Hereford, named “Carl,” weighed 1,359 pounds and was exhibited by Lawson Herman of Prosper, Texas. Herman is a senior at Prosper High School and a member of FFA (Future Farmers of America).
Heritage Land Bank CEO Bill Tandy shared his excitement over the bank’s first purchase at the prestigious annual stock show. “When the auctioneer cried ‘Sold!’…it was just amazing. It’s a special moment for our entire Heritage Land Bank network, especially our Fort Worth branch.
“We felt there could be no better way to show our long-term commitment to the Fort Worth community than to invest in and support the future of our youth in the agriculture industry. That is why we paid the highest amount for any champion breed.”
Lawson Herman has been showing steers in competition for the past four years and says it’s been a great experience for his entire family. Best of all, it has allowed him the opportunity to discover the path to his future.
Herman plans to use the money from the sale to attend Texas A&M and study Agricultural Science and Agricultural Economics. “I am so grateful to Heritage Land Bank and everyone at the Fort Worth branch for their generous support of students like myself. This money is going to make a huge difference in my life,” said Herman.
ABOUT HERITAGE LAND BANK
Founded in 1917, Heritage Land Bank serves North, East, and Deep East Texas, specializing in financing for farms, ranches, country homes, recreational property, livestock, equipment, and agribusiness loans. The lending cooperative is headquartered in Tyler, TX.