Partnership Pays

 

It’s Not Luck…It’s Partnership!

17 years of returning a total of $720 million in dividends back to our members, and this year, members got their share of the pot of gold from GreenStone on St. Patrick’s Day – March 17th!

Patronage Day is an opportunity to celebrate the many benefits of our cooperative membership. Being a member-owned cooperative means our members benefit from our strong financial position. That’s why the board of directors elected to again increase the patronage return this year from $105 million in 2021 to $115 million in 2022 – that’s nearly 45% of GreenStone’s net earnings and it’s all coming back directly to our loan customers, our members, in dividend checks on March 17.

Patronage Q & A with
Former GreenStone COE Dave Armstrong

Listen as Dave Armstrong, former GreenStone president and CEO, answers the most common questions customers ask about the Patronage program.

Dave Armstrong President and CEO of GreenStone

GreenStone Staff are Excited to Celebrate you!

We asked our staff at GreenStone what they had to say about the big day - Patronage Day!
Here's what they want to share with you!

2022 GreenStone Staff Patronage Video

Patronage Check Impact.

With over 600 GreenStone member responses to the question "How will this Patronage check benefit you?" here are just a few of the amazing answers!

Patronage 2022 Member Video

Member Grown Outreach

In addition to the dividend return to members, GreenStone also shows appreciation through GreenStone’s Member Grown Outreach program, with a total of $20,000 in donations given to local organizations and charities. To connect our members to our effort to strengthen our support of the local communities, money is directed to groups based on member votes at their local branch. 
 
From Patronage Day, March 17, through March 31, members voted for one of three categories that best represents the cause they would like to see GreenStone support. The results are in … and members selected local disaster relief!  
 
Branch staff worked together to select an organization whose mission aligned with local disaster relief. Each of GreenStone’s eight regions nominated an organization to receive a donation of $2,500, their portion of the $20,000. After much consideration, GreenStone is honored to announce the results of the 2022 Member Grown Outreach program are in! 
 
 
Thank you to all of our members who continue to engage in the program and help make it a success! To learn more about GreenStone’s 2022 Member Grown Outreach Program and how we are working with each of the organizations listed above check out our Member Grown Outreach 2022 Wrap-Up open fields blog.