Newsroom

The Farm Credit System today reported combined net income of $7.4 billion for the year ended December 31, 2023, as compared with $7.3 billion for the prior year.

In honor of National FFA Week taking place February 17-25, Farm Credit East has announced its awarding of 15 scholarships to students involved in The National Future Farmers of America (FFA) Organization to support their Supervised Agricultural Experience (SAE).

Farm Credit East, ACA, the Northeast’s largest agricultural lending cooperative, announced its distribution of $120 million in cash patronage dividends to 12,500 farm, fishing and forestry business owners and operators across the Northeast. In addition, the board approved a special one-time patronage distribution based on 2023’s outstanding financial results, for a total of $130 million of earnings returned to customer-owners.