Alabama Farm Credit Stockholders Participate in Farm Credit Young Leaders Program
Alabama A&M Scholarship
Sep 24 Alabama Poultry & Egg Association Industry Workshop
Oct 1 Ingram's Gold Tournament
Oct 3 Tuscumbia Branch Customer Appreciation Dinner
Oct 3 Alabama Agribusiness Golf Tournament
Oct 12 Athens Branch Customer Appreciation Dinner
Oct 15 Albertville Branch Customer Dinner
Oct 18 AL Poultry & Egg Allied Industries Golf Tournament
Oct 18 Chamber Community Luncheon
Oct 22 Albertville Branch Customer Dinner
Nov 8 Alabama Farmers Federations Annual Skeet Shoot
Dec 8 - 9 AL Farmers Federation Annual MeetingMore Events
Alabama Farm Credit had a successful year in 2018, and we were pleased to share our earnings with our borrowers by returning 62.05 percent of last year’s patronage sourced net income as patronage.
Based on the cooperative’s solid performance in 2018, AFC’s Board of Directors has declared a record $9.38 million cash patronage payment to our stockholders. This cash patronage will be paid to the stockholders on March, 21, 2019.
Alabama Farm Credit has a long history of paying patronage — we have returned more than $82.4 million in patronage to our stockholders since 1999.
Patronage is a cornerstone of the co-op business model: It lowers our borrower’s effective interest rate and reduces the cost of borrowing. It’s our way of putting money back in our stockholder’s pocket.