$3.5 Million Returned to Northwest Florida’s Economy

$3.5 Million Returned to Northwest Florida’s Economy

MARIANNA, FL. – Farm Credit of Northwest Florida (FCNWFL) is distributing $3.5 million in patronage to member-borrowers. 

The patronage distribution was approved by FCNWFL’s Board of Directors, made up of local agricultural producers and business professionals, and is based on the Association’s 2025 earnings. Patronage refunds reduce members’ overall cost of borrowing by returning a portion of the Association’s net income back to our borrowers.

“In today’s ag economy, producers are working harder than ever against a multitude of rising costs and ongoing global uncertainty. What sets Farm Credit of Northwest Florida apart is that we are a financial cooperative, owned by the very people we serve,” said Stacy Sikes, CEO of Farm Credit of Northwest Florida. “That means when our association succeeds, we give back to our members, reinforcing our commitment to stand beside agriculture and rural communities for the long haul.”

As a cooperative lender, Farm Credit of Northwest Florida exists to serve agriculture and rural communities, not outside shareholders. Earnings generated through business transacted with members are retained to strengthen the Association, invest in agriculture, youth programs, our AgVocator Scholarship, charitable organizations, and returned to members through patronage, keeping dollars working locally.

Members who wish to receive patronage funds automatically next year through ACH can enroll by completing the direct deposit form available here: https://bit.ly/nwflachsignup