Revised:  01/19/2007

 

 

 

MEMBERSHIP ELIGIBILITY

Individuals and organizations are eligible to be a member of CFA if they are producers of agricultural products or if they are associations of such producers of agricultural products.  Membership requires the purchase of one Class A Common Stock share for $2,000, and no stockholder can hold more than one share of Class A Common Stock.  Voting is proportional to the amount of Class B Common Stock owned.  Class B Common Stock is received as part of a members patronage refund.

 

 PRODUCTS AND SERVICES

As a cooperative, CFA exists to provide products and services for its members.  However, membership is not a requirement to receive or use CFA products and services.  Individuals and organizations, such as regional cooperatives, joint ventures and subsidiaries, that may not be eligible for membership can use CFA's products and services if such use benefits a member.

 

BASE CAPITAL PLAN

CFA has established a Base Capital Plan for the purpose of obtaining the equity capital needed for its business.  A minimum stock investment of $2,000 is required for most financial commitments.

 

PATRONAGE

CFA conducts the majority of its business on a patronage basis.  The percentages of any patronage refund paid in cash is determined by the extent to which the patron has satisfied it's base capital requirements in accordance with the following schedule:

Please read the CFA Bylaws and the Stock Repurchase Plan for a more complete discussion of these issues.  To obtain a copy of the Bylaws click here or by email at wdbaehr@cfafs.com

                              

 

 

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