Your Biggest Benefit
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.
As a borrower-owner of AgCredit, one of the biggest benefits is sharing in the profits of the Association through our patronage program. We have returned more than $488,000,000 in patronage refunds over the past 39 years!
Patronage Refund History (5-year average)
5.32%
Average Interest Rate
4.10%
Average Interest Rate After Patronage
1.22%
Basis Points Saved
23.85%
Percent of Interest Returned as Patronage
Putting Our Profits Back in Members' Pockets for 39 consecutive years!
Check out the video to learn about the patronage program in 90 seconds.
