Capital Farm Credit returns $77.5 million to borrowers

Edgar's picture

More than $700 million over the past 10 years

This spring, Capital Farm Credit (CFC) returned $77.5 million cash to its members in the form of patronage dividends. In addition, we're setting aside $86.3 million in Allocated Equities for future distribution to our members, for a total 2018 patronage declaration of $163.8 million.

"As a borrower-owned cooperative, our members are also our owners," said Ben Novosad, chief executive officer. "When Capital Farm Credit is successful, our members are successful."

 

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