Farm Credit of New Mexico distributing money to stockholders

CNJ staff

Farm Credit of New Mexico will be distributing over $6 million in cash to their stockholders, according to a news release.

The money will be distributed as part of the Farm Credit of New Mexico’s Patronage Distribution Program. The release said the cash will be distributed on or before March 31.

The distribution will also lower the borrowing costs for stockholders by .5 percent, the release said.

Information: 505-884-1048.