Chandler Co-op Retires Patron Stock

The Board of Directors of the Chandler Coop recently voted to retire patron stock in the amount of $587,443 to those agronomy and energy patrons born in 1953 and 1937. The Cooperative also retires equity stock on a 13-year revolvement plan and retires estates. Last Spring, we returned $1,818,000 of equity from 2009 and 2010. All together with current patronage dividend paid last fall, the total cash returned to our patrons this year was $3.5 million.

Pictured here are Josh Bonnstetter, Board Chairman (left) presenting a check to Roger Kremer and Jeff Einck, Manager (right) presenting a check to Dave Talsma.