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Local lender distributes $2.1 million to customer-owners
AgChoice Farm Credit distributed $2.1 million in cash patronage to its customer-owners in the York branch territory based on 2015 profits, according to a company news release.
The York branch services more than $158 million in total loan volume for agricultural, forest products and rural customers in York and Adams counties in Pennsylvania.
Since 1999, AgChoice has paid patronage to its customers every year, distributing a total of $233.9 million in cash, according to the release.