Allocation vs Retirement

Q & A Allocation vs Retirement

What is an allocation and a retirement?

 Allocations are made annually for each member/owner based upon their percentage of total cooperative revenue.

A retirement (refund) is the amount you receive back as a Capital Credit refund.  It is a percentage of your total capital credit balance.  The percentage to retire is decided upon annually, based upon the financial needs of the cooperative.

When do you refund (or retire) Capital Credits?