News & Updates
| Published: April 01, 2024

Farm Credit Distributing $79 Million to Members Through Unique Patronage Program

Farm Sunset

Mechanicsburg, PA — Horizon Farm Credit will be distributing over $79 million in cash to its members this spring through its patronage program. This distribution translates to an approximate 27% reduction in borrower’s interest rate from 2023.

“Farm Credit’s cooperative structure allows us to share our profits with member-borrowers to significantly reduce their cost of borrowing, and this unique program distinguishes us from other lending institutions,” says Tom Truitt, Horizon Farm Credit Chief Executive Officer. “We’re proud to serve rural America and to be a trusted partner in providing reliable, consistent credit.” 


Horizon Farm Credit is a part of the national Farm Credit System. Each Association determines its patronage payout, which is dictated by its total income, expenses, market conditions, and the Association’s bylaws. All patronage distributions are at the discretion of the Board of Directors, whose objectives are to ensure financial stability, fund future growth, and maximize returns to members.


 “Patronage is a great benefit of being a Farm Credit member and we are very proud to be able to return this portion of our income to our members and communities,” says Brian Rosati, Horizon Farm Credit Chief Financial Officer. “We are committed to ensuring that the patronage program remains strong to support our members’ future successes.”


This year’s distribution will arrive to members in mid-April. To learn more about Farm Credit’s patronage program and to calculate your estimated patronage distribution, please visit


About Horizon Farm Credit 
Horizon Farm Credit is a member-owned agricultural lending cooperative, providing consistent and reliable financing and related services to full- and part-time farmers, agricultural-related businesses, and rural landowners. The Association serves 100 counties across Delaware, Pennsylvania, and parts of Maryland, Virginia, and West Virginia. The Association has more than 22,100 members and over $6.5 billion in loans outstanding. Learn more at

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