$5 MILLION + $6.2 MILLION =
$11.2 TOTAL PATRONAGE
on 2020 Profits
$5,000,000 in Patronage Cash went to members in June, 2020 based on profits from the first part of the year.
Members will share another $6.2 MILLION in Patronage Cash based on profits from the remainder of 2020.
Patronage checks will mail directly to members with qualifying loans on February 26, 2021.
Members share in the association's profits....
it's the cooperative way of doing business!