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April 25, 2013
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AgCredit records largest cash dividends

On the heels of a successful year, Farm Credit lender American AgCredit distributed $45 million in dividends to its customers for 2012. The Association experienced significant loan growth in 2012, with loan volume increasing 6.7% overall for the year. “This is the second year in a row that we’ve handed back 1% in dividend earnings to our members, and for 2012 this is the largest cash dividend in our history,” said President and Chief Executive Officer Ron Carli. Agriculture has continued to be a strong sector in a challenging economy. This year’s growth in loan volume and resulting cash dividend …

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The Nevada Appeal Updated Apr 25, 2013 06:58PM Published Apr 25, 2013 06:58PM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.