Did you know we have a mobile site?

Skip Ribbon Commands Skip to main content
My Access Login
Advanced Search
GreenStone Gives $29 Million Back to Customers
Bookmark and Share

With a little faith and cooperation from Mother Nature, producers throughout Michigan and northeast Wisconsin experienced a great deal of success last year.



GreenStone Gives $29 Million Back to Customers; Spends Day Spreading Positive Message about Agriculture


The hard work of GreenStone Farm Credit Services' members paid off in 2013. With a little faith and cooperation from Mother Nature, producers throughout Michigan and northeast Wisconsin experienced a great deal of success last year. That success led to record earnings for GreenStone, and ultimately a record patronage payment for the cooperative's members.

GreenStone returned a total of $29 million to eligible members during the organization's annual Patronage Day celebration. The patronage payment represents approximately 22 percent of GreenStone's record net earnings of $135 million from 2013.

"GreenStone was fortunate to have an exceptionally successful year in 2013," said GreenStone President and CEO, Dave Armstrong. "The hard work and dedication of our member-owners has afforded our cooperative unparalleled success over the last several years and we are proud to share that success with those producers throughout Michigan and northeast Wisconsin who have helped us achieve so much."

To help celebrate Patronage Day and Michigan's agriculture industry, GreenStone executives and board members participated in several activities in Michigan's capital city - Lansing. To start the day off, Armstrong and several board members joined other industry leaders in delivering baskets representing Michigan's various commodities to the offices of state legislators.

Following the basket delivery, GreenStone took part in the Ag Day at the Capitol event coordinated by Michigan Farm Bureau. For the 10th consecutive year, the day provided an opportunity for members of the agriculture industry to spend time with Michigan legislators and other policy influencers as they pass through the halls of the Capitol sampling commodities and products produced within the state.

After the day's activities at the Capitol came to a close, GreenStone hosted a legislative reception in downtown Lansing. The event brought together members of GreenStone's board of directors, executive team, regional leadership, customers of the cooperative and other industry leaders to meet with key state policymakers to discuss the challenges facing the agricultural industry and members of the cooperative.

"We are privileged to have legislators on both sides of the aisle who understand and appreciate the impact that the agriculture industry has on rural communities throughout Michigan," said Armstrong. "As an industry, it is important for us to come together to show our appreciation for those decision makers who have been supportive of agriculture."