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Capital Farm Credit returns $50 million to borrowers
BRYAN, Texas – Capital Farm Credit’s Board of Directors recently approved a $50 million cash retirement of remaining allocated equities issued in 2011. Borrowers with loans in 2011 will receive their share of the cash payment in checks mailed last week. The $50 million represents more than 56 percent of the remaining earnings from 2011, leaving a balance of 2011 earnings after the retirement of $38,208,000.
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