"Where Fillmore County News Comes First"
Tuesday, October 21st, 2014
Volume ∞ Issue ∞
- 8:58:54, Oct 20th 2014 - Joel Hovland - Why do kids need a new school? Answer, they don’t! For the past 6 ... [Read More]
- 6:45:12, Oct 20th 2014 - olliesemn - Thank you mayor for defending the ruling minority,,,,,,,,,,,,,,, Not ... [Read More]
- 2:15:32, Oct 20th 2014 - curiosity... - Just out of curiosity for what reason is it that you believe Mr. Kaase ... [Read More]
- 10:10:04, Oct 20th 2014 - Facts - We are voting on a complete package this time. The last vote was a chopped ... [Read More]
- 9:37:50, Oct 20th 2014 - truth - "I say they should respect the wishes of the voters as they were clearly told ... [Read More]
- 9:22:29, Oct 20th 2014 - truth - "R-P administration and the “Vote Yes” group say we should show respect f ... [Read More]
- 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]
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.