20 Years of Patronage Refunds

Since 2001, Farm Credit of the Virginias has been returning cash to our customer-owners. That’s 20 years of patronage refunds. A lot has changed in 20 years. We can now talk on the phone and use the internet at the same time. We can take photos with our phones instead of disposable film cameras and we can watch TV without commercials!

Verona loan officer Ashlie Howell with FCV customer, Charlie Burton – 2011 Patronage return

What hasn’t changed is Farm Credit of the Virginias dedication to our customer-owners and our financial strength, which allows us to pay patronage each year. We find it no coincidence that 2021 marks our twentieth year of cash returns, culminating the one year anniversary of a global pandemic that created personal and financial challenges for many of our member-borrowers.

Customers Sam and Sierra Evans with their 2019 Patronage return

Despite that, Farm Credit of the Virginias remained focused on helping our borrowers navigate difficult agriculture and economic environments, while our mission to serve and support agriculture and our rural communities never wavered. Our ability to pay patronage is a direct reflection of the trust and support our customer-owners show Farm Credit of the Virginias by selecting us as their lender. We are 20 years patronage strong because of you!

Previous Harrisonburg loan officer Adam Shiflett, now association Fleet and Facilities Manager, with FCV customers, Bob and Susan Threewitts – 2011 Patronage return

Adam Shiflett with Robert Threewits and son receiving their 2019 Patronage return

Long time FCV customer Todd Pendleton was thrilled to receive his patronage refund this spring

Moorefield loan officer Greg Mitchell with FCV customer, Deborah Bishop of Valley View Poultry Farm – 2004 Patronage return

Gate City loan officer Stacy Ervin with FCV customer Todd Pendleton – 2012 Patronage return