GreenStone Farm Credit Services is proud to announce that $120 million in cash dividends will be paid to its member-owners on March 16, 2023.
This record amount is more than 40% of GreenStone’s net earnings from 2022, and brings the total Patronage returns to $840 million in the eighteenth year of the program. More than 28,000 eligible members of the cooperative will receive a dividend check.
“As always, it’s an exciting time for GreenStone when we are able to give these earnings back to our customers,” says GreenStone President and CEO Travis Jones. “Our customers are our owners and we take every opportunity to celebrate our partnership – and the benefits of the cooperative - with them.”
GreenStone Farm Credit Services has always been committed to seeking additional ways to provide added value to customers and stockholders. This program makes the cooperative unique, as it is a financial institution that not only is truly competitive in interest rates and financial solutions but also puts a significant portion of its earnings back in the hands of the customers.
To commemorate this exciting time, all 35 GreenStone locations will invite members to join us on March 16! A celebration will be held at each location including refreshments, fun, and, of course, Patronage checks.
“Patronage Day celebrations are the perfect opportunity to connect with our customers and show them how much we appreciate their partnership with us,” says Jones. “Our customers work hard, and we are proud to give back a record amount of Patronage this year.”
The cooperative continues to build and grow for the future in support of its members in all segments.
You can find more information on GreenStone’s Patronage program here.
