CFC Delivers $59 Million in Patronage Capital

CFC recently retired and distributed $59 million to members, representing half of the fiscal year (FY) 2022 patronage capital allocation, $44.3 million, as well as $14.7 million in unretired patronage capital from FY 1997.

This marks the 43rd year in a row CFC has returned capital credits. In all, CFC has returned nearly $2 billion to its member-owners since 1980. The 888 systems receiving distributions had the option of receiving an ACH payment, mailed check, wire transfer or putting the money into a CFC investment product. Members contributed $834,900 to the Integrity Fund, an 8 percent increase from the previous year.

Patronage Capital Certificates are now available for printing from the CFC Member Website. You can find them along with your detailed patronage capital allocation and retirement history under the Account Portfolio tab at the top right of the CFC Member Website. Select Portfolio Management from the drop-down menu and then click to go to the Patronage Capital page.

Contact your CFC regional vice president or associate vice president with questions regarding your system’s fiscal years 2022 and 1997 patronage capital.