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.

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Media Contacts

Julie Davis
303-740-6581
judavis@cobank.com

Dave Harding
Knowledge Exchange
262-825-7926
david.h.harding@outlook.com