How to calculate your Patronage Refund

To calculate your patronage refund for the year, take the amount interest earned, or accrued, on your account and multiply by the patronage payment factor for that year. Interest earned is often different than the amount of interest you actually "paid" during the year. To get your annual interest earned amount, please call your local branch office.

Example:
$4,514 = 2011 Total Interest Earned
0.104476825 – Patronage Payment Factor

$4,514 x 0.104476825 = $471.61
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$471.61 = Patronage Refund Amount

Historical Patronage Payment Factors

2008: 0.120458920
2009: 0.119595489
2010: 0.150385970
2011: 0.104476825