We Share Our Earnings

When Ag New Mexico does well financially, you benefit. That's the basic philosophy behind our patronage program and also a basic financial reason for doing business with a Farm Credit lending cooperative.

Every borrower is a stockholder of the cooperative and thus may receive part of the earnings. The more you borrow, the bigger your share of the earnings. Ag New Mexico's commitment to sharing our earnings with you comes from our cooperative structure. No other type of lender offers you such an advantage.

Cash Dividends Direct to You
Every year, the board of directors decides how much of our earnings need to be maintained as capital to fund our growth. Then, the board is able to return the remainder as a patronage to you. A portion of this is delivered in cash to you, but it can also be reflected in allocated equity. You do not have to enroll in this program. It is an automatic benefit of doing business with us!

Lowers Your Effective Interest Rate
The most important benefit of our patronage program is that it lowers your effective interest rate. You not only receive a competitive rate up front, but you also receive a patronage dividend in years when Ag New Mexico does well.