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Patronage
Why Patronage? Making a Difference in Agriculture.
We recently announced that we have another record-breaking patronage refund for our customer-owners. We were able to reduce interest costs for our borrowers by approximately 2.76% by returning profits. Farm Credit is unique in that it follows a cooperative model and distributes its profits to our... -
Blog
Patronage Refunds—The Cooperative Difference
Being able to share profits with our customers through patronage is something we get excited about. Most businesses don’t do this, but when you borrow from Farm Credit, you become a customer-owner, and therefore, are entitled to profits of the Association as declared by fellow farmers that are... -
Patronage
It’s Your Lucky Day! Another Record-Breaking Patronage Refund
Get excited! Patronage distribution day is right around the corner, it’s almost your lucky day as we distribute a record-breaking patronage! This year we are handing out $31 Million of our profits to you, our customer-owners. “For the second year in a row, we are able to deliver a record patronage... -
Press Releases
AgCarolina Farm Credit declares record patronage of $31 Million
AgCarolina Farm Credit Board of Directors declares a $31 million cash patronage to be distributed back to their customer-owners in early 2022.