Cash Dividend

Partnering with Farm Credit puts money in your pocket, literally

We understand that agriculture is a costly endeavor, that's why, year after year, we have returned a portion of our income to our members through cash dividends. This refund reduces your effective cost of borrowing and is one of the distinct financial benefits in doing business a cooperative way.

Cash dividends in 90 seconds

Watch our cash dividend video! It explains how everything works in only 90 seconds.

We put our profits in your pockets!®

At the end of each fiscal year, our Board of Directors looks at Farm Credit's financial standing and chooses whether to retain our net income to strengthen our Association or distribute money back to our members. We have returned cash dividends every year for more than 30 years.

Questions

Still need clarification on the cash dividend program? Explore answers in our Frequently Asked Questions section, accessible below.

Explore Frequently Asked Questions

Cash dividends by the numbers

Our cash dividends chart shows how much we've given back in refunds since 1988.

Year Total Patronage Paid Initial Cash Payment Surplus Revolved Qualified Surplus Allocated Nonqualified Surplus Revolved Nonqualified Surplus Allocated
1988 $4,315,410 $863,081 $3,452,329      
1989 $9,084,885 $2,725,461 $6,359,424      
1990 $7,444,313 $2,233,287 $5,211,026      
1991 $22,249,986 $4,534,559 $10,575,336   $7,140,091  
1992 $21,437,729 $5,271,964 $12,301,764   $3,864,001  
1993 $18,198,796 $5,073,380 $11,837,890   $1,287,526  
1994 $18,934,460 $4,961,665 $11,576,534   $2,396,261  
1995 $17,418,848 $4,632,439 $10,808,638   $1,977,771  
1996 $13,502,182 $4,050,772 $9,451,410      
1997 $14,406,177 $4,326,472 $10,079,705      
1998 $15,753,609 $4,730,216 $11,023,393      
1999 $10,580,524 $3,179,824 $7,400,700      
2000 $16,825,261 $5,047,578 $11,777,683      
2001 $16,833,008 $5,161,495 $5,726,528   $5,944,985  
2002 $14,791,965 $4,450,141 $7,326,196   $3,015,628  
2003 $14,310,513 $4,306,056 $8,195,114   $1,809,343  
2004 $14,566,999 $4,384,721 $1,145,344   $9,036,934  
2005 $18,318,546 $5,504,428 $4,630,443   $8,183,675  
2006 $16,848,342 $5,067,893 $5,244,666   $6,535,783  
2007 $18,675,528 $5,577,840 $3,613,167   $9,484,521  
2008 $17,427,904 $5,241,136 $1,696,829   $10,489,939  
2009 $15,508,590 $4,664,038 $2,405,149   $8,439,403  
2010 $18,049,776 $5,425,053 $10,091,232   $2,533,491  
2011 $15,402,765 $4,630,671 $3,188,919   $7,583,175  
2012 $14,714,638 $4,425,695 $3,771,755   $6,517,188  
2013 $18,112,913 $5,442,297   $10,363,736   $2,306,880
2014 $18,427,732 $5,537,550   $5,969,462   $6,920,721
2015 $12,408,285 $12,408,285        
2016 $14,858,653 $14,858,653        
2017 $21,577,612 $21,577,612        
2018 $24,005,259 $24,005,259        
Total $494,991,209 $194,299,522 $178,891,174 $16,333,198 $96,239,715 $9,227,601

Patronage Calculator

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Here is your estimated Patronage Distribution: ESTIMATED PATRONAGE

After receipt of your distribution, patronage effectively lowers your total interest cost for the first year of your loan from $XXXXX to: EFFECTIVE INTEREST EXPENSE

This effectively lowers your interest rate from XXXX to: EFFECTIVE INTEREST RATE

*Results based on 10-year average refund totals. Past performance not a guarantee of future payouts. Calculations do not account for time value of money or distinguish between returns made in cash and in allocated surplus. Talk to a loan officer for details.

What Customers Have to Say
“We can rest easy knowing that Farm Credit will be there to guide and assist us into the future.”
Andrew Elmore, Fallston, NC
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