|Premier Farm Credit announces it will pay patronage dividends|
|Written by Holyoke Enterprise|
Premier Farm Credit has announced it will be paying $3 million in patronage dividends this year to nearly 900 members, all who live in, operate or own farms in northeast Colorado.
Paid entirely in cash, this patronage payment means that, on average, the interest rate these members pay is effectively reduced by 0.73 percent. The patronage will be distributed in March of 2014.
“We are proud that we can return such a substantial patronage while still keeping the financial strength of our association a top priority,” said Rick Sanger, president and CEO. “We are passionate about the success of our members, and when they succeed, we succeed.”
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