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Traverse City Elks Hold Mother s Day Food Drive

Traverse City Elks Hold Mother s Day Food Drive
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GreenStone pays out record $105 million in patronage to members

ATU Images/Getty Images PATRONAGE: This year’s record-breaking $105 million in patronage is going back to GreenStone s 27,000 members this week. The benefits of membership will be celebrated throughout Patronage Week. Mar 10, 2021 GreenStone Farm Credit Service’s patronage program is the result of the cooperative’s and members’ shared success and a reflection of the great things accomplished together. This year’s record-breaking $105 million, nearly half of GreenStone’s 2020 profits, is going back to its 27,000 members in March. GreenStone is a cooperative established more than a 100 years ago for a specific purpose to provide a dependable, competitive and responsible source of credit. Shared success is the foundation of the member cooperative, and while GreenStone has paid patronage for 16 consecutive years, this $105 million is especially significant given the 2020 turmoil of the pandemic and agricultural markets.

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