$9.1 MILLION in Patronage Cash will go to members in February!
As owners, our Farm Credit of Western Arkansas members share in the association's profits when we have a good year. It's that easy!
Annually, our directors can choose to give eligible member-owners CASH BACK (we call this Patronage Cash). The amount members receive is based on the total interest they paid on their loan(s) and the profit the association made the previous year.
Distributed by check (normally in late February), our members tell us they LOVE their Patronage Cash. Customers tell us they've used it to pay down their loan, purchase vehicles and equipment....even buy new furniture and take family vacations!
In February 2019, our 6,145 Western Arkansas members will share $9.1 MILLION in profits earned in 2018! This year's patronage sets a record for our Association and puts the total that's gone back into members' pockets at more than $119 MILLION since 1997. Sharing Association profits with members when we have a good year sets Farm Credit apart from other lenders.