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 …
AgCredit records largest cash dividends
Trending in: News
- Fallon runners put on show
- Long arm of the law
- Who is the bully?
- NDOT employee appears in court for arraignment
- Continuation of the homecoming