Association News: Patronage

  • Patronage
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    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...
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  • Blog
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    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...
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  • 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...
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  • Press Releases
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    Cape Fear Farm Credit declares record patronage of $31 Million

    Cape Fear Farm Credit Board of Directors declares a $31 million cash patronage to be distributed back to their customer-owners in early 2022. Including this patronage distribution, the Association will have paid over $331 million dollars in patronage to their customer-owners over the past 34...
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