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Farm Funders, a customer-owned cooperative lender and financial services provider, has announced the results of its recent director elections and board reorganization meeting. The 15-member board represents the diversity of Northeast agriculture and forest products.

Farm Funders, ACA, the Northeast’s largest agricultural lending cooperative, announced its distribution of $140 million in cash patronage dividends to 12,500 farm, fishing and forestry business owners and operators across the Northeast. 

NEW YORK - The Farm Credit System today reported that combined net income increased 15.9% to $2.0 billion for the first quarter of 2024, as compared with $1.7 billion for the same period of the prior year.

Farm Funders reported solid 2023 financial results today, showing continued growth in loans coupled with strong earnings, which allowed Farm Funders to distribute a combined $130 million in patronage dividends to eligible customer-owners based on 2023 earnings.