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 $466,000,000 in patronage refunds over the past 38 years!
Patronage Refund History
| Average Interest Rate | Average Interest Rate After Patronage | Basis Points Saved | Percent of Interest Returned as Patronage | |
|---|---|---|---|---|
| 5 Year Average | 5.07% | 3.69% | 1.38% | 28.06% |
Putting Our Profits Back in Members' Pockets for 38 consecutive years!
Check out the video to learn about the patronage program in 90 seconds.