The pot of gold just got sweeter...a record $115 million will be returned in checks to our GreenStone members on Patronage Day!
It’s lucky #17 – 17 years of returning a total of $720 million in dividends back to our members, and this year, you’ll be getting your share of the pot of gold from GreenStone on St. Patrick’s Day - March 17th!
Patronage Day is an opportunity to celebrate the many benefits of your cooperative membership. Come join us in the branch, wear your lucky green, and come get your green dough.
Being a member-owned cooperative means our members benefit from our strong financial position. That’s why your board of directors elected to again increase your patronage return this year from $105 million in 2021 to $115 million in 2022 – that’s nearly 45% of GreenStone’s net earnings and it’s all coming back directly to our loan customers, our members, in dividend checks on March 17.
Each member will receive𠊊 notification letter in mid- February where you’ll learn the amount of your check. Included with the letter will be a personal invitation to join us in the celebration at your local branch, where you’ll be able to safely pick up your check and enjoy in the lucky fun with your local staff.
And once again, GreenStone’s not only sharing profits with our customers, we’re also donating $20,000 to local organizations on behalf of our customers through our Member Grown Outreach program.
When you get your Patronage check, you’ll also have the opportunity to vote for the cause most important to you. Once we hear from𠊊ll our members, we’ll work with our branches to select a local
organization in each region
of our territory to receive $2,500 to support the positive work they do in our local communities.
As a financial cooperative, it is important for GreenStone to generate strong earnings and maintain adequate capital levels to help ensure it is a dependable source of credit for years to come.
Supporting rural communities and agriculture is why we exist. These dollars offer an important tactical value, and our partnership will continue to pay in more ways than one!
To view the article in the online 2022 Winter Partners Magazine, click here.
