Compeer Financial has announced plans to distribute $187 million in patronage payments to its member-owners in 2025, reinforcing its commitment to rural America's financial growth. The first round of $52 million has already been distributed this month.
Jase Wagner, president and CEO of Compeer Financial, emphasized the significance of these payments, stating, "This distribution not only reinforces the financial strength of our cooperative but also puts dollars back into the hands of the farmers, agribusinesses and rural communities we serve."
Approximately 32,000 payments will benefit farmers, rural homeowners, and ag-related businesses across Illinois, Minnesota, and Wisconsin. The initial $52 million payment reflects equities allocated before Compeer Financial's formation in July 2017, while a second payment of $135 million is scheduled for August 2025.
The total patronage payment represents over 43 percent of Compeer Financial's 2024 adjusted earnings, highlighting the cooperative's substantial reinvestment in its member-owners and the agricultural community.
