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Agricultural News


Oklahoma AgCredit is Giving Back a Record $6 Million to Members, Celebrate at Open Houses Next Month

Fri, 22 Mar 2019 17:29:10 CDT

Oklahoma AgCredit is Giving Back a Record $6 Million to Members, Celebrate at Open Houses Next Month
Oklahoma AgCredit, the state’s largest agricultural lending cooperative, is giving back a record $6 million to members! This record year reflects the strength of Oklahoma’s agricultural community and we’re happy to support the rural backbone of this great state.


With another monumental return to members, this Patronage equals 44 interest free days on eligible loans or a 12% rate of return on eligible loans held in 2018.


To celebrate our cooperative partnership with members, we hold open house events at each of our locations in April. These open house events usually involve our staff serving lunch to customers, great comradery and giveaways, picking up Patronage check(s), and entering to win a door prize.


We’re excited to announce this year’s door prize item is a Traeger Junior Elite 20 pellet grill! Members must to attend their location’s open house event to enter the drawing.


Giving back Patronage to our members signals that the Association’s capital position is strong enough to reinvest in the cooperative, provide services, and still have enough remaining profits to share with our member-borrowers. By opening a loan with us, you become a member of the cooperative and Oklahoma AgCredit family.


Patronage Open House event dates listed below:

April 3 – Durant, Stillwater, Vinita
April 4 – Broken Arrow, Idabel
April 5 – Duncan Pawhuska
April 9 – Ardmore, McAlester
April 10 – Shawnee, Stigler
April 11 – Kingfisher, Poteau
April 12 – Chickasha, Enid, Pauls Valley
April 17 – Muskogee, Watonga
April 18 - Stilwell


Pictured Above: Durant customers Brett & Laura Sterling with Loan Officer Dakota Crissman and Branch Manager Bradley Wilson.


Source: Oklahoma AgCredit


   

 

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