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Farm Credit East was pleased to host 17 college students with career aspirations in production agriculture, agribusiness, accounting, finance, communications or related fields as part of its annual summer internship program. “Our internship program exemplifies our commitment to the future of Northeast agriculture, commercial fishing and forest products,” said Mike Reynolds, Farm Credit East CEO.
July 22, 2024
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Farm Credit East reported solid 2023 financial results today, showing continued growth in loans coupled with strong earnings, which allowed Farm Credit East to distribute a combined $130 million in patronage dividends to eligible customer-owners based on 2023 earnings.
March 25, 2024
Farm Credit East, ACA, the Northeast’s largest agricultural lending cooperative, announced its distribution of $120 million in cash patronage dividends to 12,500 farm, fishing and forestry business owners and operators across the Northeast. In addition, the board approved a special one-time patronage distribution based on 2023’s outstanding financial results, for a total of $130 million of earnings returned to customer-owners.
February 20, 2024
Farm Credit East reported solid 2022 financial results at its annual meeting held earlier this week. Continued growth in loans coupled with strong earnings allowed Farm Credit East to distribute a record $117 million in patronage dividends to eligible customer-owners based on 2022 earnings.
March 22, 2023
Farm Credit East, ACA, the Northeast’s largest agricultural lending cooperative, announced its distribution of a record $117 million in cash patronage dividends to 12,250 farm, fishing and forestry business owners and operators across the Northeast. On average, eligible customers received a 1.25% reduction in their effective interest rate as a result of this patronage distribution.
March 08, 2023
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