As a Cooperative member, money paid for communication services used is utilized for maintaining facilities needed to serve members and to pay down long term debt for those services. This money is considered capital furnished by members. Because it is capital that will be returned to members at a later date, this capital is referred to as “capital credit”.

It is a member owned company tasked with the delivery of a specific service, such as telecommunications to its members. Profits are either reinvested for infrastructure or distributed to members in the form of “patronage” or “capital credits”.

As a Cooperative member, money paid for communication services used is utilized for maintaining facilities needed to serve members and to pay down long term debt for those services. This money is considered capital furnished by members. Because it is capital that will be returned to members at a later date, this capital is referred to as “capital credit”.

Capital Credits are refunded at the discretion of the Board of Directors when the Board determines that the financial condition of the Cooperative will not be impaired.

In order to apply for capital credits, a member must apply in person at our office location and supply a state issued identification card. For a full payment payout, the member must be of at least 70 years of age. If a member does not meet this age requirement, they can still apply, but will have a discounted return payment or forfeiture. If you are applying for a payout on behalf of an estate, please bring in the account holder’s death certificate. Applications are processed for payment at the discretion of the Board of Directors based on the financial condition of the Cooperative.