Farm Credit Services of America to Distribute $200 Million Cash-Back Dividend for 2017
Farm Credit Services of America (FCSAmerica) (www.fcsamerica.com), a financial cooperative owned by farmers and ranchers, approved a 2017 cash-back dividend of $200 million for its eligible customer-owners.The Board of Directors considers a number of business and economic factors in determining the amount of each year’s cash-back dividends, including the cooperative’s financial strength. The earnings retained by FCSAmerica are used to build the cooperative’s financial capacity to continue serving agriculture.
The 2017 dividend checks will be mailed to eligible customer-owners in March 2018. The Board of Directors has also approved a cash-back dividend for 2018, with the amount of the distribution to be disclosed soon. Since 2004, FCSAmerica has returned more than $1.5 billion to producers in Iowa, Nebraska, South Dakota and Wyoming.
Farm Credit Services of America is a customer-owned financial cooperative proud to finance the growth of rural America, including the special needs of young and beginning producers. With $26.9 billion in assets and $4.9 billion in members’ equity, FCSAmerica is one of the region’s leading providers of credit and insurance services to farmers, ranchers, agribusiness and rural residents in Iowa, Nebraska, South Dakota and Wyoming.
Learn more at www.fcsamerica.com.