Farm Credit of the Virginias Menu Patronage Breadcrumb Home About Member Benefits Patronage It pays to partner with Farm Credit, literally When you become a member of Farm Credit of the Virginias (FCV), our success becomes your success. To prove it, we share in our profits through our annual patronage refund program. We've returned more than $358 million in cash refunds since 2001. In 2021, FCV paid out $40 million in cash refunds to our customer-owners, which equates to having an interest free loan for five months and represents approximately 44% of the interest accrued on loans. The more profitable and healthy our business remains, the more it pays to be a customer-owner - A real perk of our unique, cooperative structure. Calculate your estimated patronage refund using the patronage calculator at the bottom of this webpage! We know that the concept of profit sharing is unusual, so it's natural for you to have questions. Not many lenders share their profits with their customer-owners, and there are some things our customers always want to know. Read our answers to the most frequently asked questions. Patronage FAQ What are the benefits of being a Farm Credit member? What is a patronage refund? How do patronage refunds benefit Farm Credit borrowers? How is my patronage refund issued? Will I receive a tax notification regarding my patronage refund? What is the bottom line on patronage refund? About Financial Reports LIBOR Phase Out Member Benefits Patronage Member Assistance Program Member Referral Careers Newsroom Photo & Video Release Form Photo Contest Leader Magazine Community Support Leadership Board of Directors Senior Leadership Team Watch Video CUSTOMER PERSPECTIVES "Patronage just shows me that our association is working hard to provide for the farming community" Craig Bailey, Greenmount Heritage LLC (Harrisonburg, VA) Watch Video CUSTOMER PERSPECTIVES "Getting those refunds back is money that we can use to pay down other loans, expand the operation, or purchase sheep and cattle." Stephen & Jackie Lohr, Endless View Farm (Broadway, VA) Watch Video PATRONAGE RESOURCES How does it work? This short video explains how the patronage program works and how it allows us to give money back to our members. Calculate Your Patronage Distribution LOAN AMOUNT $ ANNUAL RATE % Calculate Reset LOAN CALCULATORS Still not sure if Farm Credit is right for you? Run the numbers with our simple loan calculators. Access Loan Calculators Farm Credit of the Virginias Farm Credit of the Virginias 106 Sangers Lane Staunton, VA 24401 Branch Office Hours: Monday-Friday: 8AM - 5PM Give Us a Call: 1-800-919-3276 Careers Anonymous Reporting California Consumer Privacy Act (CCPA) En Español Legal Disclosures Privacy & Security Social Links Facebook LinkedIn Pinterest Twitter YouTube Instagram NMLS# 456965 Equal Housing Lender Copyright © 2021 Farm Credit of the Virginias