November 29, 2018
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.
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.
Cape Fear Farm Credit announces a $15 million cash patronage to be distributed back to their customer-owners.