CFC Delivers $72 Million in Patronage Capital

CFC recently retired and distributed $72 million to members, representing half of the fiscal year (FY) 2023 patronage capital allocation, $55 million, along with $17 million in unretired patronage capital from FY 1998.

This marks the 44th year in a row CFC has returned capital credits. In all, CFC has returned more than $2 billion to its member-owners since 1980. The 894 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 $985,452 to the Cooperative System Integrity Fund, a nearly 20% 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 summary in the Document Center on the CFC Member Website. Go to the Statements folder and select Patronage Capital.

Contact your CFC regional vice president or associate vice president with questions regarding your system’s patronage capital distribution.