Notice: Providing customer-owners relief from 2020.  Read more.

Southern AgCredit will be closed on Friday, December 4th for Staff Appreciation Day.    


Beautiful Farm Scene

Cooperative Advantage

Get a Loan. Become an Owner.

Unlike most other lenders, Southern AgCredit was founded specifically to serve the agricultural industry within our territory. Like other farm credit organizations, ours is structured as a borrower-owned lending cooperative – which means that our borrowers receive a share of ownership in our organization. Likewise, our “borrower-shareholders” are entitled to vote on decisions such as director elections.

Annual Patronage Refunds

Near the end of each fiscal year, Southern AgCredit’s board of directors analyzes the financial strength of the cooperative. The board may then vote to retain a certain amount of income to increase the association’s capital – or it can distribute a portion of income to borrowers through a patronage refund.

This year, we declared a total patronage of $19,709,066 that included a cash payment to stockholders of $10,090,899, and the balance in allocated equities.  The Association has declared more than $179 Million since 1995.


The patronage refund that an individual borrower receives depends on several factors including the amount of their loan. Needless to say, yearly patronage refunds could significantly reduce your cost of borrowing money. It’s just another benefit of doing business with Southern AgCredit – and our way of saying thank you to our loyal borrowers.

Contact Southern AgCredit to learn more about becoming a borrower-owner and financing your farm, ranch, or recreational property.