"Where Fillmore County News Comes First"
Saturday, December 27th, 2014
Volume ∞ Issue ∞
- 9:37:14, Dec 26th 2014 - FountainFarmer - hey Not Happy, are you the same person complaining about the Fillmor ... [Read More]
- 6:48:54, Dec 24th 2014 - not happy - I think I might make a page showing all these cars parked illegal. Would ... [Read More]
- 4:37:42, Dec 22nd 2014 - Let it Go - http://www.r-pschools.com/sites/rushfordpeterson.new.rschooltoday.com/fil ... [Read More]
- 6:23:44, Dec 22nd 2014 - not happy - Redhorse51 that would be GREAT! ... [Read More]
- 6:22:06, Dec 22nd 2014 - not happy - Maybe I should follow them home and block there driveways! So they can't ... [Read More]
- 11:00:16, Dec 21st 2014 - Harmony Rocks - Not Happy- You tell them Cindy!! ... [Read More]
- 10:14:19, Dec 21st 2014 - JEngdahlJ - The ACA grace period law could have adverse implications for the healthc ... [Read More]
- 8:39:57, Dec 21st 2014 - REDHORSE51 - Maybe the school should just be moved to Preston. ... [Read More]
- 2:56:27, Dec 21st 2014 - not happy - There needs to be police in harmony when they have school activities. Its ... [Read More]
- 2:48:34, Dec 21st 2014 - lol - Fillmore central what a bunch of bullies ... [Read More]
Thu, Jan 27th, 2011
Posted in Business Announcements
Posted in Business Announcements
MANKATO, Minn. (January 25, 2011) - AgStar Financial Services' Board of Directors has approved the retirement of the 2001 patronage allocations. With the 2001 retirement, AgStar will have distributed $13.9 million in earnings to nearly 9,000 eligible stockholders.
"We're excited that our financial strength has allowed us to retire the 2001 patronage allocations," stated Lowell Schafer, Chairperson of AgStar's Board of Directors. The program adds value to stockholders who already benefit from AgStar's expertise and competitive financing. "As a financial cooperative, we're pleased to share a portion of profits with the individuals who have helped build our success. This cash patronage retirement is just one of the many ways that ownership pays for AgStar stockholders."
The patronage program was implemented in 1998 and targets a 7-10 year retirement timeframe of non-qualified dividends. Yearly allocations are based on company earnings and the amount of products or services a stockholder purchases from AgStar during the year. AgStar has allocated $259 million in patronage dividends and retired over $40 million to qualified stockholders.
AgStar Financial Services, ACA, headquartered in Mankato, Minn., employs more than 650 full-time team members. The company is part of the national Farm Credit System and has a public mission to serve 69 counties in Minnesota and northwest Wisconsin. AgStar's industry specialization, client segments and market delivery systems result in diversification nationwide. The company has expertise in the corn, soybean, swine, dairy and bio-energy industries. AgStar has developed successful programs in loans, leases, crop insurance, tax services, accounting, consulting and rural home mortgages. As a value-added financial services cooperative, AgStar allocates patronage dividends to its 13,000 stockholders. Visit www.AgStar.com for more information.