Compeer Financial has announced plans to distribute about $187 million in patronage payments to its member-owners in 2025. This month, member-owners received the first round of payments, totaling $52 million.
“Patronage is one of the most meaningful ways we share our success with member-owners,” said Jase Wagner, president and CEO of Compeer Financial. “This distribution not only reinforces our cooperative’s financial strength but also puts dollars back into the hands of the farmers, agribusinesses, and rural communities we serve. By investing in their operations, member-owners help drive innovation, resilience, and long-term growth in rural America – something we’re proud to support year after year.”
Compeer Financial will send about 32,000 payments to farmers, rural homeowners, and agriculture-related businesses in Illinois, Minnesota, and Wisconsin. The $52 million distributed in February reflects equities allocated to member-owners for business conducted before Compeer Financial’s formation in July 2017.
A second payment of $135 million will go out in August for business conducted with Compeer Financial in 2024. This year’s total patronage payment of $187 million represents more than 43 percent of the cooperative’s 2024 adjusted earnings.
Individual payments depend on the amount of products and services each member-owner purchases.
