Cash Patronage

Farm Credit Illinois Patronage Program 

Frequently Asked Questions 

Together we celebrate a legacy of disciplined management from generations of farm family members, allowing cash patronage to become the newest way FCI creates cooperative value.

FCI’s inaugural $20 million cash patronage distribution will be paid to more than 7,900 borrower-members the week of June 17-21, 2019.

 

Member Economic Participation

In true cooperative spirit and demonstrating Member Economic Participation – a guiding principle of all cooperative businesses – patronage will be distributed equitably based on the business value each member contributes to the cooperative.

Rest assured, cash patronage won’t replace anything members already expect from FCI. Patronage is a new way FCI creates cooperative value for our members and the marketplace, while remaining committed to providing low upfront interest rate pricing, a strong capital position for the future, and initiatives supporting members and their local communities.

 

 Farm Credit Illinois Cooperative Value Chart

 

Chairman Eric Mosby and President Tom Tracy on patronage

For more information on cash patronage, contact your local office or email ask@farmcreditIL.com

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