Farmers and ranchers in Iowa will be receiving $134.6 million in cash-back dividends returned by Farm Credit Services of America (FCSAmerica) as part of the financial cooperative’s patronage program.
The program pays 1% back as a cash-back dividend. Eligible customer-owners were issued cash-back dividend checks the last week of January.
“At FCSAmerica, our commitment to agriculture runs deep,” Jim Knuth, senior vice president of lending in Iowa, said in a news release. “By returning cash-back dividends to our customer-owners, we effectively lower their cost of borrowing while also helping farmers and ranchers reinvest in their operations, families and communities. It’s a tangible way we honor the hard work and resilience of those who drive rural America forward.”
2025 Cash-Back Dividends Distribution
This year’s cash-back dividend is equal to 100 basis points — or a return of 1% of a customer’s eligible average daily loan balance with FCSAmerica. County-level payout data is available on the 2025 Iowa Cash-Back Dividends Distribution Map.
The Board of Directors for FCSAmerica also approved a cash-back dividend to be paid from the cooperative’s 2025 net earnings (the amount of which will be determined in December). Since 2004, FCSAmerica has offered a patronage program and shared its success in the form of cash-back dividends.
The cooperative has now returned more than $1.47 billion to farmers, ranchers and agribusinesses in Iowa.
Cash-back dividend distribution information for the entire FCSAmerica territory, which includes Iowa, Nebraska, South Dakota and Wyoming, is available on the FCSAmerica website.
