Farm Credit Illinois returns $30M to members
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More than 8,400 local farm families receive their share of a $30 million cash patronage distribution this week from their Farm Credit Illinois (FCI) lending cooperative.
“Patronage is a tangible example of what sets our cooperative apart,” says Kelly Hunt, FCI CEO. “Giving patronage back to our member-borrowers reflects the strength of our Association and our ongoing commitment to the farm families, rural landowners, and agribusinesses we serve.”
This marks FCI’s eighth consecutive annual distribution, totaling $271 million declared since 2018. FCI’s Board of Directors declared a $30 million distribution after reviewing 2025 financial information, considering the business climate, capitalizing marketplace growth, and retaining adequate capital to meet regulatory requirements and navigate economic volatility.
Patronage is distributed proportionally to member-borrowers based on the net interest margin contribution of each loan and returns a portion of the interest accrued during the previous year. The Board prioritizes delivering competitive interest rates and managing the cooperative’s capital prudently while providing an annual patronage distribution.
Farm Credit Illinois (FCI) is an agricultural financial cooperative owned by more than 17,100 farmer, rural landowner, and agribusiness voting stockholders in the southern 60 counties of Illinois.