This year marks an exciting milestone for GreenStone Farm Credit Services and its members on Patronage Day. For 20 consecutive years, the cooperative has given back a significant portion of its profits to its member-owners through the Patronage program. This year, GreenStone is set to return another $120 million, making total Patronage returns over the last 20 years over $1 billion back into the hands of GreenStone members.
As a part of a cooperative, members directly benefit from GreenStone’s strong financial position.
“Our members are the heart of our success. Patronage payments are a true reflection of this, as the more our cooperative grows, the more our members benefit," says GreenStone President and CEO Travis Jones. "This year is a significant milestone that showcases our dedication to our members. Not only are we returning another $120 million this year while celebrating over $1 billion back in total Patronage payments, but for 20 consecutive years, we have been able to share profits with our member-owners as we continue to grow with them.”
To commemorate this momentous occasion, GreenStone invites its members to join them for an event at their local branch on March 20 to celebrate this significant member benefit of more than $1 billion back over the 20 years of the program. Patronage Day events will include refreshments, fun and the distribution of Patronage checks.
“We are thrilled to celebrate this milestone with our members,” said Jones. “It truly is a testament to the relationships we have with built with our members and we look forward to showing our appreciation for them through our Patronage Day events.”
GreenStone remains committed to giving back to the rural communities it serves. You can find more information about GreenStone’s Patronage program here.
