CFC Board Approves $62M Patronage Capital Distribution

The CFC Board of Directors has authorized the retirement of $62 million in patronage capital to members—$36 million based on margins for fiscal year 2026 and $26 million in unretired patronage capital from fiscal year 2001.

The action marks the 47th year in a row CFC will retire capital credits to its members. In all, more than $2 billion has been returned since 1980.

Choose a Disbursement Method By Friday, Aug. 28

Members can view their allocation and retirement amounts for fiscal years 2026 and 2001 on the CFC Member Website and choose their preferred payout method. Depending on your system’s retirement amount, distribution choices may include a check, electronic payment or an investment in CFC products: CFC Commercial Paper, Daily Liquidity Fund, CFC Select Notes, Medium-Term Notes and Member Capital Securities.

The deadline to select a disbursement method is Friday, Aug. 28. If no selection is made, a check or ACH payment will be sent.

Payments Will Be Sent Sept. 15

Payments will be initiated or mailed Tuesday, Sept. 15. Only those members getting checks will receive something in the mail. Electronic payments will be transmitted, and investments will begin that day as well.

In addition, Patronage Capital Certificates will be available for printing from the CFC Member Website beginning Sept. 15. Members can find them, along with a patronage capital summary and retirement history, in the Document Center under the Statements folder.

Contact your CFC associate vice president with questions regarding your system’s patronage capital amounts.