Farm Credit of Southern Colorado Distributes $3.75 Million Patronage Cash
Farm Credit of Southern Colorado (FCSC), a rural lending cooperative serving southern Colorado, will distribute a $3.75 million cash patronage to its customer owners.
Nearly $33 million has been returned to stockholders over the last 10 years.
As a Farm Credit of Southern Colorado borrower, customers become a member of a cooperative – a business that is owned and controlled by those who use its services. As a cooperative, FCSC can return a portion of its profits to its members, the owners, in the form of a patronage refund.