Compeer Financial plans to increase its patronage by more than $42 million in 2019, meaning member-owners will receive nearly $150 million in returns.
Rod Hebrink, CEO of the Upper Midwestern farm credit organization, tells Brownfield the down farm economy was a motivating factor.
“To be able to increase the patronage payments at a time when many of our clients need those additional boosts financially and the additional income.”
Farm credit cooperatives in parts of Minnesota, Wisconsin and Illinois merged to form Compeer in 2016.
Continue reading Compeer Financial increases 2019 patronage at Brownfield Ag News.
