Farm Credit to return $5.5 million in early 2022
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February 16, 2022
Local ag-lending cooperative Premier Farm Credit has announced that they will mail $5.5 million in Cash Patronage Dividend checks to their member-owners in early 2022.
“Getting a Cash Patronage Dividend check shows that the borrowers of Premier Farm Credit are part-owners of a business that’s working for them,” said Becky Lenz, Board Chair. “$5.5 million dollars is a significant amount and demonstrates the Board of Directors’ ongoing commitment to supporting the member-owners of this lending cooperative — in good times and bad.”
This year’s substantial payout marks the 25...
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