FCSAmerica returns $1.68 million to farmers
Farm Credit Services of America (FCSAmerica) announced last week eligible customer-owners will receive checks this month totaling $1,683,000—their share of the financial cooperative’s $200 million cash-back dividend for 2017.
The share of FCSAmerica’s 2017 dividend returned to Nebraska customer-owners amounts to $60.35 million.
Farmers and producers in Chase County will receive $406,000.
FCSAmerica has distributed a portion of its net earnings to eligible customer-owners every year since 2004, returning a total of $1.5 billion to farmers, ranchers and agri-businesses in Iowa, Nebraska, South Dakota and Wyoming.
“Our cash-back dividends are an important way of sharing FCSAmerica’s financial strength with our customer-owners,” said Mitchel Korf, Western Nebraska regional vice president of FCSAmerica.