Your Biggest Benefit
As a borrower-owner of AgCredit, one of the biggest benefits is sharing in the profits of the Association through our patronage program. Patronage reduces your cost of borrowing by returning a portion of our net income to our borrowers based on the proportion of interest paid on their loan and total interest earned by the association. We have returned more than $488,000,000 in patronage refunds over the past 39 years!
Patronage Refund History
| Average Interest Rate | Average Interest Rate After Patronage | Basis Points Saved | Percent of Interest Returned as Patronage | |
|---|---|---|---|---|
| 5 Year Average | 5.32% | 4.10% | 1.22% | 23.85% |
Putting Our Profits Back in Members' Pockets for 39 consecutive years!
Check out the video to learn about the patronage program in 90 seconds.