2013 Patronage Refund

2013 proved to be a good year for Yankee. We are fortunate to have a great group of hardworking employees but also a strong member base who strive for good financial performance within their businesses. Due to efforts at both the employee and member level, we are pleased to share our success with members by again issuing a patronage refund.

The Board of Directors approved a patronage refund for 2013 of $4,934,000, which is 1.125% of average member loan volume. Payment of the patronage refund is contingent upon satisfactory completion of the 2013 audit and the Association's receipt of its 2013 patronage refund from CoBank. It is expected that both of these conditions will be satisfied in March. Members can expect their checks to be mailed on or about March 25th. Those who are signed up to receive theirs electronically should see the refund hit their accounts on March 27th.

To all those who contributed to Yankee's success in 2013, thank you!