Farm Credit of Western Arkansas will distribute $10 million in profits to its member-borrowers, the rural lending cooperative announced.
The distribution brings the cooperative’s total patronage payments to $197 million since the program began in 1997.
“Patronage is a cornerstone of the cooperative model that directly benefits our members,” Board Chairman Steve Young said. “This distribution reinforces our commitment to putting members first and ensuring they share in the value they help create.”…