CoBank Announces Special All-Cash Patronage Distribution
Approximately $96 Million Will Be Disbursed To Eligible Borrowers In September 2018
Board-Approved Payout Tied To Federal Tax Legislation Enacted Last Year
DENVER (August 9, 2018) — CoBank, a cooperative bank serving agribusinesses, rural infrastructure
providers and Farm Credit associations throughout the United States, announced today that its board of directors has approved a special, one-time patronage distribution as part of a broader plan to share the benefits of federal tax reform legislation with eligible customer-owners, along with earnings from significant non-recurring items in 2018.