It Pays to be a Member of Flathead Electric
One of the many benefits of being a member-owner of Flathead Electric Cooperative is that after the Co-op’s expenses are paid, any excess margins are allocated back to the members in the form of capital credits. Those annual allocations are added to each member’s capital credit account. As financial conditions allow, Flathead Electric retires those capital credits in the form of checks to current and prior members.
In December, the Co-op will issue over 37,000 checks in excess of $2.4 million to members, just in time for the holidays. These checks are the remaining capital credit balance from 2005 and a percentage of 2006.
Will I receive a check?
Members of the Co-op will be mailed a capital credit check and/or an allocation notice stating the amount of capital credits that will be added to their account and their capital credit balance. You will receive one of the following:
- A capital credit check if you were a member in 2005 and/or 2006;
- An allocation notice if you were a member in 2015;
- A capital credit check and an allocation notice if you were a member in 2005/2006 and in 2015; or
- If you were not a member in 2005, 2006 or 2015, you will not receive anything this year.
It pays to be a member of the Co-op!