Farm Credit of Central Florida Menu Benefits of Membership Breadcrumb Home About Benefits of Membership Member Discounts Farm Credit of Central Florida is pleased to offer our customers additional benefits. As a valued member, you are eligible to participate in multiple National Discount Programs offered exclusively to Farm Credit customers. Sign into your AccountAccess (online banking) and go to the Resource Center to view the discounts available to our members and access the discount codes. Patronage One of the most important financial benefits of being a Farm Credit member-borrower is having the opportunity to share in the association's profits. As an agricultural credit cooperative, Farm Credit is owned by the member-borrowers who purchase stock/participation certificates in the cooperative. After each fiscal year, our Board of Directors may choose to retain the net income of the Association to strengthen our capital position or distribute some or all of the net income to members by declaring a dividend on stock or a patronage refund. The distribution of profits to our members effectively reduces the cost of borrowing money. Our members own the bank, so it just makes sense that they will share in the profits. Patronage FAQs WHAT ARE THE BENEFITS OF BEING A FARM CREDIT MEMBER? WHAT IS A PATRONAGE REFUND? HOW DO PATRONAGE REFUNDS BENEFIT FARM CREDIT BORROWERS? HOW DO PATRONAGE REFUNDS BENEFIT YOUR FARM CREDIT ASSOCIATION? WHAT IS ALLOCATED SURPLUS? HOW IS MY PATRONAGE REFUND ISSUED? WHY CAN'T I RECEIVE ALL OF THE PATRONAGE REFUND IN CASH AT ONE TIME? WILL I RECEIVE A TAX NOTIFICATION REGARDING MY PATRONAGE REFUND? WHAT IS THE BOTTOM LINE ON PATRONAGE REFUNDS? Watch Video Our Patronage Program in 90 Seconds When you choose Farm Credit of Central Florida, you're not just a customer, you're an owner who shares in the cooperative's profits. Watch this 90-second video for a quick explainer of how the patronage program works. Farm Credit of Central Florida 204 East Orange Street Suite 200, Lakeland, FL 33801 Telephone: (863) 682-4117 Fax: (863) 688-9364 Association NMLS# 685850 Social Links Facebook Twitter LinkedIn Instagram YouTube Download the Farm Credit CFL Mobile App Download mobile app on App Store Download mobile app on Google play store © 2021 Farm Credit of Central Florida Find your branch Equal Housing Lendor Footer Navigation Disclosures Privacy Policy CCPA Bylaws, Ethics & Whistleblower Hotline