How Farm Credit Works
2025 Patronage
We’re pleased to announce a record $8 million patronage payment for 2025. The Board of Directors for Farm Credit of Southern Colorado announced that it will distribute a cash patronage dividend to the farmers and ranchers it serves across Southern Colorado.
For 2025, the Board of Directors approved a cash patronage dividend of $8 million.
A Message From Our CEO
We have worked diligently to remain a reliable and strong source of financing for our customer-owners in rural Colorado. Patronage dividends are a benefit of our cooperative business model. During these difficult and uncertain times for agriculture we believe returning a significant portion of our earnings to our customer-owners is very important.”
Jeremy Anderson
CEO and President of Farm Credit of Southern Colorado
How Our Farm Credit Co-op Works
As a member-owned cooperative, our borrowers are also our owners. That means our success is tied directly to yours—and we return earnings back to eligible members through patronage.
About Our Board of Directors
Our Board of Directors provides oversight and strategic guidance to support the long-term strength of the organization.
Nominate a Candidate for our Board of Directors
Know someone who would make a good candidate for our Board of Directors or Nominating Committee? Submit a name to our Nominating Committee through the form below today!
*Farm Credit of Southern Colorado neither opposes nor endorses any candidate for election to the Board of Directors. Farm Credit of Southern Colorado does not make recommendations or specify potential candidates for election to the Nominating Committee for the Board of Directors. It is the responsibility of the Nominating Committee to identify, evaluate, and nominate candidates for stockholder election to the Board.
Frequently Asked Questions About Farm Credit
*Certain statements contained on the page are not historical facts and are forward-looking statements. These forward-looking statements are based on current knowledge and subject to risks and uncertainties. We undertake no obligation to revise or publicly update our forward-looking statements for any reason.
Cash patronage is a way we return a portion of earnings to eligible customer-owners, and is a core tenet of our cooperative model. Since 2010, Farm Credit of Southern Colorado has returned nearly $86 million to eligible customer-owners.
To qualify for a patronage payment, you will need to be a member-owner in good standing.*
*Other requirements may apply.
The Board of Directors approved a cash patronage dividend of $10 million dollars. This represents about 42% of Farm Credit of Southern Colorado’s net earnings going back to farmers and ranchers to invest in their operations, families and rural communities.
View the official 2024 Patronage Announcement
The 2024 dividend checks will be mailed to eligible customer-owners, and handed out to attendees during the upcoming Customer Appreciation Events in April.
See http://aglending.com/events for more details.
Since 2010, Farm Credit of Southern Colorado has returned nearly $86 million to eligible customer-owners.
Frequently Asked Questions About Our Board of Directors
Our board of directors is comprised of 12 members: 10 active borrowers that are elected by all of our cooperative members, and 2 external directors appointed by the board. These directors meet at our headquarters buildings and oversee committees, the association, and help guide our CEO who in turn leads our association.
Board-elected directors will be elected by a majority vote. A stockholder-elected director has a term of office until the fourth annual meeting after being elected.
Voting for the next financial cooperative Board of Directors is an opportunity for you to help shape the future of the cooperative as a whole. Since Farm Credit of Southern Colorado is a customer-owner led business, the voice starts and ends with you. Voting in the Agricultural Financial Cooperative Board Elections gives you the choice of who becomes the next customer representatives.
Anyone who is a customer-owner of Farm Credit of Southern Colorado.
No employee, officer or agents of the association will take place in the nomination or election of any members to the Board. No facilities, resources, or property of any Farm Credit institution, including digital media shall be used for the benefit of any particular candidate for nomination or election. Farm Credit of Southern Colorado will not contribute to any expenses regarding the campaign activities of any Board candidates. No FCSC Board member will make any statements intending to influence any vote in the election. Board members may, however, promote themselves.
Ballots will be provided only to those Association stockholders who are eligible to vote. The ballots will be safeguarded by the CEO’s designee, both before the time of distribution or mailing to stockholders and after the time of receipt, until disposal. The tellers’ committee will validate all ballots. No director, officer, or employee of the Association will make any public announcement of the results of the election until the results have been validated. The CEO, or the CEO’s designee, will announce the results to the stockholders. An independent third party or each member of the tellers’ committee that tabulates the votes, will sign a certificate that states they will not disclose to any person any information about how or whether an individual stockholder has voted, except if requested by the Farm Credit Administration.