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Customer-Owned

A customer-owned lender is a locally-owned lender.

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Customers of Farm Credit Mid-America are also owners of our cooperative, which provides benefits and values you won’t find at most other lenders.

The first modern cooperative was founded in 1844 in Rochdale, England with seven basic principles. Cooperatives around the world—including Associations belonging to the Farm Credit System—still follow these cooperative principles today.

  1. Voluntary Open Membership

    Farm Credit Mid-America is a voluntary organization, open to all people eligible to use our loans and services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.
  2. Democratic Member Control

    We are a democratic organization controlled by our members - eligible customers who have loans with our cooperative. These customer-owners participate in electing our Board of Directors, who set policies and make decisions about our business.
  3. Members’ Economic Participation

    Customer-owners contribute equally to, and democratically control, the capital of Farm Credit Mid-America. Our customer-owners benefit through our Patronage program, which has returned more than $1.25 billion back in our customers' wallets over the past 8 years. 
  4. Autonomy & Independence

    Farm Credit Mid-America is an autonomous, self-help organization controlled by our customer-owners. If we enter into an agreement with another organization, we do so based on the terms that ensure democratic control by our members and the autonomy of our cooperative.
  5. Education, Training & Information

    We provide education and training for our customer-owners, Board of Directors and team members so that all can contribute effectively to the cooperative.
  6. Cooperation Among Cooperatives

    Farm Credit Mid-America serves our members by working with other cooperatives at the local, regional and national levels.
  7. Concern For the Community

    While we focus on our customer-owners’ needs, we know that they can’t do it without their communities. That’s why we are committed to making an impact in every county we serve.

Learn how Farm Credit Mid-America comes to life through our many cooperative benefits.

Latest Customer Stories

Meet the customer-owners of our cooperative.


† Patronage is an annual decision made by the Board of Directors to return earnings to eligible customers. To learn more about patronage or patronage eligibility, please visit our Patronage page.

* Loans and leases are subject to credit approval. Additional terms and conditions may apply. Farm Credit Mid-America is an equal opportunity lender.

‡ Farm Credit Mid-America is an equal opportunity provider.

Farm Credit Mid-America territory includes Arkansas, Indiana, Kentucky, Missouri, Ohio and Tennessee. Arkansas includes Clay, Craighead, Crittenden, Cross, Desha (northeast of the White River), Greene, Lee, Mississippi, Phillips, Poinsett, and St. Francis counties. Missouri includes Carter, Ripley and Wayne counties. Kentucky excludes Ballard, Calloway, Carlisle, Fulton, Graves, Hickman, Marshall and McCracken counties. Ohio excludes Crawford, Hancock, Lucas, Marion, Ottawa, Sandusky, Seneca, Wood and Wyandot counties. We serve all counties in Indiana and Tennessee. 

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