Cash Patronage Dividend
Premier Farm Credit is owned by its borrowers (often also called members). And we're committed to returning a portion of the Association’s annual profits back to our borrowers while maintaining the financial health of our Association. So when we hit our business goals, we pay back a percentage of the interest paid to us for the calendar year.
In March of 2018, we mailed out $3.75 million worth of Cash Patronage Dividend checks to our member-owners. In fact, we’ve paid a Cash Patronage Dividend each year for the last 21 – which means a total of nearly $54 Million has been returned in that time frame.
So, while most other lenders return profits to their investors, it's the member-owners of Premier Farm Credit who share in our success. It makes perfect sense to us, since we're totally dedicated to supporting rural communities and agriculture with reliable and consistent credit and related services - today and tomorrow.