What is Preferred Stock?

Preferred stock is non-voting stock that pays quarterly dividends allowing you to earn an attractive rate of interest while keeping your funds available for business needs. Because of its liquidity, preferred stock offers customers the advantage of a term rate with immediate access to their funds.

Benefits

Accounts are highly liquid. Stock can be withdrawn daily and dividends are available when declared.

Dividend rate is market competitive with other investment alternatives. And, your investment is safe. AgCarolina Financial is well-capitalized, profitable, and performing above industry benchmarks.

How Does it Work?

Preferred Stock is available to association members only. The stock is offered at $5 per share with the minimum initial investment of $1,000 or 200 shares. The minimum on subsequent investments is also $1,000 or 200 shares.

Dividends will be paid quarterly in shares and will be automatically reinvested.

Preferred stock has no fixed maturity, term, or retirement date. A holder may request a retirement at any time. All shares must be retired within 90 days following the termination of the holder's lending relationship with the association.

Safety and Conditions

Preferred stock accounts are not insured and are at-risk investments in AgCarolina Financial.

For additional information or to purchase preferred stock, you may contact the AgCarolina Financial Loan Officer nearest you.

Preferred Stock Dividend Rate History