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Business

$2M in profits returned to local farmers

| Staff Reporters
Farm Credit of Northwest Florida is set to give $2 million dollars back to nearly 850 members who primarily live, operate or own farms in northwest Florida’s rural communities. This refund is the equivalent of approximately 15.6 percent of the interest earned on each member’s loan during the last year, and is paid entirely in cash.
Directors of the Farm Credit of Northwest Florida Radford Locklin Jr. and Damon Boutwell, both of Santa Rosa County, and Glen Strange, of Escambia County, are pictured with the oversized version of the $2 million check.

 

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