Your Biggest Benefit
As a borrower-owner of AgCredit, one of the biggest benefits is sharing in the profits of the Association through our patronage program. 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. We have returned more than $444,000,000 in patronage refunds over the past 37 years!
Patronage Refund History
| Average Interest Rate | Average Interest Rate After Patronage | Basis Points Saved | Percent of Interest Returned as Patronage | |
|---|---|---|---|---|
| 5 Year Average | 4.99% | 3.31% | 1.67% | 33.59% |
Putting Our Profits Back in Members' Pockets for 37 consecutive years!
Check out the video to learn about the patronage program in 90 seconds.