Farm Credit of Central Oklahoma has declared $465,000 in patronage to about 600 mortgage loan customers for business conducted during 2007. The amount of each customer's distribution is based on the volume of business they have with Farm Credit, Chief Executive Officer Blake Byrd said.
The record patronage distribution followed a strong 2007 year end financial results for Farm Credit of Central Oklahoma, Byrd said.
Farm Credit of Central Oklahoma is part of the nationwide Farm Credit System, the nation's oldest and largest source of loans for agriculture, rural real estate, country homes and agribusiness.
