When will I receive my capital credits?
After the patronage capital is assigned to you, the cooperative uses your money to cover the operating costs and capital investments. This in turn helps keep your rates down by allowing us to not borrow money to operate on and make capital investments.
The capital credits are refunded only upon authorization by the member-elected Board of Directors. According to the bylaws, the board cannot authorize refunding capital credits if it will financially impair the operation of the cooperative. If the cooperative has an equity level of less than 40% RUS approval is required prior to a refund.
