Capital credit checks were mailed to co-op members on April 8, 2021. Two separate retirements were mailed out: 100% of unretired patronage dollars of $150 or less to inactive membership accounts and 15% of the remaining of 2000 patronage dollars earned.
Capital credits are the difference between your cooperative’s operating costs and revenues. Capital credits are allocated to all members based on their patronage with Gardonville and are derived from members doing business with Gardonville, such as subscribing to Gardonville Long Distance service, leased or purchased equipment, installation and labor charges, calling features, and internet… along with Gardonville phone service.
The more you purchase, the more you will be allocated.