Farm Credit East reported solid 2020 financial results today, showing continued growth in loans coupled with strong earnings, which allowed the financial cooperative to distribute a record $89 million in patronage dividends to eligible customer-owners on 2020 earnings.
Farm Credit East is currently accepting scholarship applications from high school seniors and college students with career aspirations in agriculture, commercial fishing and the forest products industries from across the association’s seven-state territory. Applications are due by April 1.
Farm Credit East recently released its 2021 Insights & Perspectives report which includes market outlooks for multiple sectors, including dairy, grain, greenhouse and nursery, fisheries, and forest products. This year’s report also includes a cybersecurity update.