CEDAR FALLS – Farmers and ranchers in Grundy, Black Hawk, Bremer, and Butler counties will be receiving $6.2 million in cash-back dividends returned by Farm Credit Services of America (FCSAmerica) as part of the financial cooperative’s patronage program, paying 1% back as a cash-back dividend. Eligible customer-owners were issued cash-back dividend checks the last week of January.

“At FCSAmerica, our commitment to agriculture runs deep,” Jim Knuth, senior vice president of lending in Iowa, said. “By returning cash-back dividends to our customer-owners, we effectively lower their cost of borrowing while also helping farmers and ranchers reinvest in their operations, families and communities. It’s a tangible way we honor the hard work and resilience of those who drive rural America forward.”

2025 Cash-Back Dividends Distribution

This year’s cash-back dividend is equal to 100 basis points — or a return of 1% of a customer’s eligible average daily loan balance with FCSAmerica. The 2025 payout equates to the following county-level distributions (amounts are rounded):

*$1.5 million in Grundy County

*$2 million in Black Hawk County

*$717,000 in Bremer County

*$1.9 million in Butler County

Payout data for every county in Iowa is available on the 2025 Iowa Cash-Back Dividends Distribution Map: https://www.fcsamerica.com/about/cooperative-model/cash-back-dividends/iowa.

The Board of Directors for FCSAmerica has also approved a cash-back dividend to be paid from the cooperative’s 2025 net earnings, the amount of which will be determined in December. Since 2004, FCSAmerica has offered a patronage program and shared its success in the form of cash-back dividends. The cooperative has now returned $1.47 billion to farmers, ranchers and agribusinesses in Iowa.