SW Ga Farm Credit Announces Dividend

BAINBRIDGE, Georgia—Southwest Georgia Farm Credit, a customer-owned financial institution, announced today that it plans to distribute $3.95 million of its 2015 profits in cash to its member-owners. Since 1991, the Association has returned more than $111 million, essentially lowering a borrower’s interest rate, on average, 1.02% annually.

“Our rates are always competitive in the marketplace, but when you consider the added benefit of a member distribution, our cooperative structure allows us to lower the cost to borrow,” said Richard S. Monson, president, Southwest Georgia Farm Credit.  “It’s another way that we create value for our member-owners.”

Monson noted that the all-cash distribution means customers get 100% of their share of the Association’s profits in their pockets when they earn it.

“While we serve agriculture, we also finance land, homes with acreage, timberland and other properties you’ll find throughout southwest Georgia,” Monson said. “So even if you’re not a farmer, Farm Credit may be able to refinance your property or offer better rates and save you money. Typically, a quick conversation will help us understand a client’s needs and allow us to show how a competitive rate, combined with a member dividend, is the best financing deal around.”


Southwest Georgia Farm Credit is celebrating its 100th year of supporting rural communities and agriculture with reliable, consistent credit and financial services. To learn more, visit SWGAFarmCredit.com.

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