I get so excited this time of the year, and it’s more than just the great spring weather. I’m excited each April to announce the amount of patronage we’ll be distributing to our customers this year. For the year 2010, that amount is over $25 million – $25,755,634 to be exact. This is our profits in your pockets!
Our structure as a cooperative is even more important today than ever. When we have a good year, we can return those profits to our customers. And last year we had a great year – one of the highest years in net income earnings (check out our annual report at mafc.com to learn more).
It is a great feeling to know we are growing our association to be here for years to come, while being able to help our customers with their lending needs.
Now you can understand my excitement!