Preferred stock allows you to earn interest while keeping funds available for business needs. This non-voting stock pays quarterly dividends and offers you the advantage of a term rate with immediate access to your funds.
You can withdraw stock daily and dividends are available when declared—accounts are highly liquid. The dividend rate is market competitive with other investment alternatives, and your investment is safe with AgCarolina Farm Credit. We are well-capitalized, profitable, and we perform above industry benchmarks.
Preferred stock is available to Association members only. The stock is offered at $5 per share with a minimum initial investment of $500, or 100 shares. The minimum on subsequent investments is also $500 or 100 shares. Dividends are paid quarterly and will be reinvested automatically.
Preferred stock has no fixed maturity, term or retirement date. You may request a retirement at any time, and all shares must be retired within 90 days following the termination of the holder's lending relationship with the Association.
Preferred stock accounts are not insured and are at-risk investments in AgCarolina Farm Credit.
To purchase preferred stock, or for additional information, contact a loan officer at your nearest AgCarolina Farm Credit branch location.