AgNews

December 12, 2019

$20 million record patronage announced

Cape Fear Farm Credit Board of Directors declares a $20 million cash patronage to be distributed back to their customer-owners in early 2020. Including this patronage distribution, the Association will have paid over $276 million dollars in patronage to their customer-owners over the past 32 consecutive years. As a cooperative
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  • $10.67 Million in Early Patronage Distributed

    Cape Fear Farm Credit distributes an early patronage of $10.67 million to its customer-owners on October 30, 2018. “We understand that recovering from a natural disaster, such as Hurricane Florence, takes time and resources” states Gary Hendrix, Chairman of Cape Fear Farm Credit Board of Directors. “In order to get...
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  • A Simple Reminder, we're in this together

    Weeks after Hurricane Florence left its mark, and then most recently by Hurricane Michael, many parts of the east coast was left in devastation. From Florida to North Carolina, some farmers lost their crops, livestock operations and equipment, families lost their homes and business owners were left with heartbreak. They...
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  • Cape Fear Farm Credit Announces Patronage

    Cape Fear Farm Credit announces an early patronage distribution of $10.67 million to be paid to its customer-owners in October of 2018. Patronage, the distribution of the Association’s profits to its customer-owners, is typically declared at the end of the fiscal year and is paid to its members in April...
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