Stockholder Information
What It Means to Be a Member of AgSouth
When you finance with AgSouth, you become a member of a cooperative and part of the Farm Credit system. That means you're not just a customer, you're part of a network of farmers, landowners, and rural residents working towards something bigger. AgSouth is owned by its cusomters, not outside investors, and decisions are made with the long-term success of rural communities in mind. As a member, you have a voice in your cooperative and may share in its success through patronage.
Benefits of Being a Stockholder
As a stockholder and member of AgSouth, you benefit from being part of a customer-owned cooperative that is focused on long-term relationships, not short-term profits. Membership provides advantages that go beyond your loan:
- Patronage Refunds - As a member, you may receive a portion of AgSouth’s earnings back, helping reduce your overall cost of borrowing.
- Member Ownership and Voice - AgSouth is owned by its customers, meaning decisions are made with your best interests and the health of rural communities in mind. As a stockholder, you have a voice in the cooperative by electing its Board of Directors.
- Commitment to the Next Generation - AgSouth invests in young, beginning, and small farmers while also providing financial education, tools, and resources to help customers make informed decisions and plan for the future.
- Ongoing Support and Resources - Beyond financing, AgSouth provides programs, guidance, and educational resources designed to help you succeed because when our customers do well, the cooperative does well.
- Strength of the Farm Credit System - As part of a nationwide network, AgSouth offers the stability and resources of the Farm Credit System while maintaining local decision-making.
Membership Eligibility
Not all loan prodcuts are created equal. There are some products that are not eligible for membership status, including loans made through the home loan division, AgSouth Mortgages. For eligibilty, please discuss with your lender.