The GRM Networks Board of Directors has authorized the return of approximately $3.5 million in patronage capital credits to its member-owners. This includes $2.8 million paid to members with service in 1997 and 1998 and $700,000 paid to members with service in 2019. This year, GRM Networks has also returned more than $2 million to […]
Tag: Capital Credits
Farmers’ Electric Cooperative to return $1.4 million in capital credits
The Farmers’ Electric Cooperative Board of Directors voted unanimously at its September meeting to return capital credits totaling about $1,400,000 to member-owners of the cooperative. The checks issued this year will retire all of 1997 and 23% of 1998 capital credits allocations. The checks are scheduled to be mailed to current and former members around […]
Grundy Electric Cooperative refunds over $450,000 in capital credits
Grundy Electric Cooperative’s Board of Directors authorized the distribution of $450,435.32 in capital credits to member-owners during their June 30 board meeting. The current members and past members will receive 100% of 1986 & 1987 and 25% of 2019 allocated capital credits. The capital credit refund checks will be mailed to member-owners during the month […]
Over 380 attend annual meeting of Grundy Electric Cooperative
Over 380 members and guests last night attended the annual membership meeting of Grundy Electric Cooperative. It included the re-election of two board members; recognition of years of service for long term employees; as well as reports. Returning to the board to serve three-year terms were Eric Woodard of rural Trenton and Joe Hartley of […]
Nearly 600 attend annual meeting of Farmers’ Electric Cooperative
Nearly 600 Farmers’ Electric Cooperative members attended the cooperative’s 81st Annual Meeting in Chillicothe this week. The member-owners elected Larry Muck of Meadville to serve a three-year term on the seven-person board of directors. He is from District 6, which is Linn County. Retired board member Ray Shields of Meadville received a framed resolution written […]
GRM Networks to mail capital credits check to members
The GRM Networks Board of Directors authorized the return of about $750,000 in capital credits recently. GRM Networks will pay $500,000 to members who had service in 1996 and $250,000 to members who had service in 2016. Capital credits will be distributed based on the amount of money a member has spent using GRM Networks’ […]
Grundy Electric Cooperative issues capital credits to customers
During the July 28, 2017, board meeting, Grundy Electric Cooperative’s Board of Directors authorized the distribution of $201,363.96 in capital credits to member-owners. The current members and past members will receive 25% of 1984 and 25% of 2016 allocated capital credits. The capital credit refund checks will be presented to member-owners during the Cooperative’s open […]