Tag: Farm Credit System

AgCredit Distributes $22 Million Patronage Dividend to Borrower-Owners

AgCredit – one of northern Ohio’s largest lenders for farmers, rural homeowners and agribusiness – announced that it will distribute $22 million to its borrower-owners through its patronage program. Each year, AgCredit’s Board of Directors reviews the cooperative’s net income and determines how much to return to the cooperative’s borrower-owners in the form of patronage.…