Premier Farm Credit, a trusted cooperative lender committed to supporting the agricultural community, is pleased to announce that it will pay a record $7.25 million in patronage dividends to its member-owners in 2025. This dividend will be distributed to eligible members across six counties in northeast Colorado. This marks over 25 years of continuous patronage dividend payments, demonstrating the cooperative’s unwavering dedication to its members.
“At Premier Farm Credit, we pride ourselves on our strong commitment to our member-owners and their operations,” said Chris Hornung, CEO of Premier Farm Credit. “The patronage dividend is a testament to the financial strength and stability of our cooperative. We look forward to once again sharing our success with those who make it all possible.”
Rebecca Lenz, Premier Farm Credit Board Chair, added, “The consistent payment of patronage dividends for 28 consecutive years and over $94 million returned underscores the association’s dedication to its member-owners. Our success is their success, and we are proud to continue providing financial benefits that support their agricultural businesses and communities throughout northeast Colorado where our members live and work.”
With input costs on the rise for producers, Premier Farm Credit recognizes the need for extra capital to support its members. The patronage dividend distribution will help alleviate some of the financial pressures faced by its member-owners, allowing them to invest in their operations and continue thriving in a challenging economic environment.
About Premier Farm Credit: As part of the Farm Credit System (established in 1916), Premier Farm Credit is a mission-driven lending cooperative owned entirely by its borrowers/member-owners. Sometimes referred to as an Association, Premier Farm Credit serves Northeast Colorado and the surrounding areas with loans, leases, insurance, and appraisals for agriculture and ag-related businesses. Premier Farm Credit has an aggregate loan volume of over $1 billion and welcomes farmers and ranchers to stop by their offices in Sterling, Fort Morgan, Yuma and Holyoke. Learn more about them at premieraca.com, or on Facebook, X, LinkedIn or Instagram.
