High Plains Farm Credit continually strives to be a trusted partner in our stockholders’ operations by being a reliable source of credit, offering competitive rates, and providing other financially related services to assist stockholders during difficult times. High Plains’ history of delivering strong earnings continued in 2021 with $32.5 million in net income, which accumulates to the benefit of our stockholders.  It allows us to return these earnings to our member-owners through our patronage dividend program, reducing the effective interest rate paid on eligible loans by more than one percent.

We’re proud to announce that in March, High Plains will once again distribute a record breaking $14,200,000 in patronage dividend checks. Over the past 3 years alone, your board of directors has declared and paid $39.6 million in patronage distributions, demonstrating our desire to help our members, especially as many of you continue to deal with challenging economic conditions.

Our patronage program separates High Plains Farm Credit from other lenders. But did you know we also offer crop insurance, appraisals, and loans for young, beginning, and small farmers? If you would like to experience the High Plains difference, please contact us today. We would welcome the opportunity to serve you!

Another benefit available to all stockholders is the HPFC Preferred Investment Account, which can be a great resource when managing finances and offers a competitive return.  The average dividend rate in 2021 was 1% with dividends paid semiannually in January and July each year.