Farm Credit Distributing Over $62 Million to Members Through Patronage Program

Mechanicsburg, PA — Horizon Farm Credit is distributing $62.5 million in cash to its members this spring through its patronage program, reflecting the cooperative’s strong financial performance and continued commitment to the membership it serves.

“This distribution underscores the Farm Credit cooperative model and long-standing focus on reinvesting earnings back into our membership and local communities,” says Tom Truitt, Horizon Farm Credit Chief Executive Officer. “Our members are at the heart of everything we do, and sharing our success with them is one of the most important ways we fulfill our mission.”

Horizon Farm Credit is a part of the national Farm Credit System. Each Association determines its patronage payout, which is based upon 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.

“Returning over $62 million in patronage is a tangible demonstration of our commitment to our members and the agriculture industry,” says Brian Rosati, Horizon Farm Credit Chief Financial Officer. “We are proud of our Association’s unwavering dedication to supporting those we serve.”

To learn more about Farm Credit’s patronage program, please visit horizonfc.com/patronage.