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Customers of Farm Credit who live in Virginia received patronage refund checks totaling more than $18 million during 2004.
In a ceremony in Washington, Sen.George Allen and Sen. John Warner joined Farm Credit board chairmen from the three Farm Credit associations in Virginia to announce the distribution of the refunds to farmers and rural residents in the state.
Greg Farmer, President of Colonial Farm Credit, explained that Farm Credit is organized as a customer-owned cooperative.
90.6%