Red River Co-Op equity cheques are mailed out around February 20 of each year. You can expect to receive a cheque in the mail in the end of February or early March.
What is Co-Op Equity? How Does It Work?
By buying a membership in River Co-op, you become a part owner. Each time you purchase petroleum, food and/or pharmacy and give your membership number, your purchases are recorded. At the end of the fiscal year, a portion of your purchases may be returned in the form of an equity allocation. The more you purchase, the more you receive in equity. Additionally, Red River Co-op may buy back a portion of your equity. This amount becomes the cash payment to you, a member-owner.
If you have questions regarding your equity cheque, you can contact Red River Co-Op at (204) 272-8989 or via email at firstname.lastname@example.org.