Monday, February 29, 2016

2015 Patronage Refund


Yankee Farm Credit had another good year in 2015. The Board of Directors has approved a patronage refund for 2015 of $4,862,000, which is 1.00% of average member loan volume.

Payment of the patronage refund is dependent on the satisfactory completion of the 2015 audit and the Association's receipt of its 2015 patronage refund from CoBank. We anticipate both of these will be completed in March. Members should expect their checks to be mailed around March 23rd. Those who are signed up to receive their refund electronically should see it hit their accounts on March 25th. If you do not receive your payment please contact your 
local office or click here to e-mail us.

To all those who contributed to Yankee's success in 2015, thank you!


Why Farm Credit?
Farm Credit is made up of a group of financial cooperatives that serve local and regional markets throughout the U.S. and Puerto Rico. As cooperatives, each Farm Credit organization is owned by its customers, is governed by a board of directors primarily elected from these borrower-owners, and shares profits with its borrower-owners through patronage dividends. This unique structure keeps Farm Credit connected to the local communities we serve, and contributes to the strength and stability we've enjoyed for 100 years.
For more information on Farm Credit,