Cash-Back Dividends

Watch how our cash-back dividend program works.

The more eligible loan business you have with us, the more you can benefit financially from our program.

The Power of Ownership

Because Frontier Farm Credit is a financial cooperative, we are able to offer a patronage program that returns earnings to our customer-owners through cash-back dividends.

No other lender is better at financing agriculture or giving back to it.

Locally, cash-back dividends benefit the customer-owners we serve and the communities they call home.

More than the results of a “good year,” the cash-back dividend represents good business, the effort of every employee working to help our customers grow.

In December 2018, cash-back dividend equal to 0.90 percent of a customer’s eligible daily loan balance for an estimated total payout of approximately $15.5 million. Cash-back dividend checks will be mailed to eligible customer-owners in March 2019.

The Board intends to target a cash-back dividend of 90 basis points for the foreseeable future, barring unforeseen events and significant changes in the environment. Visit to learn more about Frontier Farm Credit’s cash-back history.

For specific questions on the 2019 patronage program and cash-back dividends, view the Customer Q and A.

What you should know about patronage

The Frontier Farm Credit patronage program returns earnings through cash-back dividends, an exclusive financial benefit for eligible customers-owners.

  • We are able to offer cash-back dividends through our patronage program because of the financial strength we have achieved — a strength that can help us weather unexpected changes in the agricultural economy while supporting future growth and sustaining a program that offers cash-back dividends in the years to come.
  • Since 2004, we’ve returned more than $96 million in earnings to our customer-owners.
  • Cash-back dividend payments are taxable. We encourage recipients to consult with their tax advisors about their specific situations.