"Where Fillmore County News Comes First"
Sunday, October 19th, 2014
Volume ∞ Issue ∞
- 5:58:02, Oct 19th 2014 - - F.Y.I--Passed, not pasted ... [Read More]
- 4:32:49, Oct 19th 2014 - RFDVOLUNTEER - To "the truth hurts and "loud interruption" I am for the school, but ... [Read More]
- 4:19:23, Oct 19th 2014 - Facts - Read these commentaries and then actually call the district and get the true ... [Read More]
- 4:11:10, Oct 19th 2014 - RFDVOLUNTEER - To "the truth hurts and "loud interruption" I am for the school, but ... [Read More]
- 9:46:48, Oct 19th 2014 - greatquestion - You ask a very good question. Mr. Ehler or Board Chair Mr. Linder wo ... [Read More]
- 11:22:49, Oct 18th 2014 - agree - Fact says has a great point. Money is at the root of the problems in high sc ... [Read More]
- 5:24:15, Oct 17th 2014 - FC concern - To FC Nobody: Just means you have smart bullies. Take your blinders of ... [Read More]
- 7:09:36, Oct 17th 2014 - - There was no flood water in the Rushford school . ... [Read More]
- 7:02:40, Oct 17th 2014 - fact - This is a great place to voice your opinion! Going to a school board will not ... [Read More]
- 6:56:33, Oct 17th 2014 - - This is a great place to voice your opinion! Going to a school board will not help ... [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.