Co-op To Pay $371,000 In Capital Credit Refund
At the July board meeting, the Alger Delta Cooperative Board of Directors authorized retiring about $371,000 in patronage capital for the years 1977-1982. "This means that some members will be getting a check from Alger Delta" says Amanda Seger, Alger Delta's Chief Financial Officer. Seger noted that this is the second year in a row that the cooperative has retired, or paid back, patronage capital to members and is on-pace to achieve a 30-year rotation by 2017. "The checks will be in the mail at the end of August" Seger added.
Unclaimed Capital Credits
Last year the Cooperative retired capital credits to members taking service during 1965-1976. We did our best to locate these members but we are still searching for some.
Please review the list in case you recognize your name or the name of someone you know. Unclaimed Capital Credits
If you have questions, please contact our office at 800-562-0950.
Unsure as to what capital credits are? Click on the link for more information Capital Credits
Capital Credit Heir FormPlease click Heir Form for a copy of the form that needs to be filled out and sent in.