- Individual or 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. 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 membership patronage refund.
PRODUCTS AND SERVICES
- As a cooperative, CFA exists to provide products and services for it's members. However, membership is not a requirement to receive or use CFA products and services. Individuals and organizations, such as regional cooperative, joint ventures and subsidiaries, that may not be eligible for membership can use CFA's products and services if such use benefit a member.
BASE CAPITAL PLAN
- CFA has established a Base Capital Plan for purpose of obtaining the equity capital needed for its business. A minimum stock investment of $2000 is required for most financial commitments.
- 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 base capital requirements.