FCS Financial Returns More Than $22 Million to Members in Cash Patronage
FCS Financial has been helping farmers, ranchers, agribusinesses, and rural communities in Missouri succeed for more than 100 years. Recently, the Board of Directors announced the cooperative is returning more than $22 million to their member-owners in cash patronage for the 2017 calendar year.
“Being a member of FCS Financial provides many benefits and patronage is one of those,” says David Janish, FCS Financial CEO. “As a cooperative, FCS Financial is owned by our customers. As the owners, our members share in the success of the business. That success is passed directly to our members through patronage dividends.
“Our cooperative structure differentiates us in the marketplace allowing us to serve both our customers and our owners because they are one and the same,” says Janish.
Each FCS Financial office will host Customer Appreciation Day on March 20 from 10 a.m. to 6 p.m. Refreshments will be available. Patronage checks can be picked up at Customer Appreciation Day but attendance is not required for FCS Financial members to receive their check. Checks that are not distributed by the end of business on April 6 will be mailed.
Since 2006, FCS Financial has returned nearly $95 million to members. Patronage payments are based on a member’s loan business activity with the association. All eligible members will receive a minimum of $20. Each eligible member’s patronage check will be available March 20 through April 6 at the FCS Financial office where their loan is serviced.
For more information, contact your local FCS Financial office at 1-800-444-3276 or visit the 2017 Patronage Program under “How We’re Different” on the website.