Kindersley Co-op: Membership Benefits – Kindersley Social Archive

Your Co-op membership offers you a lifetime of rewards including the promise of high-quality products and service at competitive prices. We also offer the potential for annual cash-back and an equity account that grows over time, as well as the opportunity to get involved as a member-owner. This makes us a different kind of business; our profits are your profits and they are invested directly back into the community through you.

Who can become a member?

Co-ops have an open membership. Many co-ops include minimum age requirements for members in their bylaws.

Being a co-op member means that you own a share of a business in your community.

How do I become a member?

To become a member:

You purchase an initial share in the co-op (see the Become a Member page for details related to your local Co-op).
You receive a co-op membership number.

Do you have to be a member to shop at the co-op?

No, but by becoming a member you become a part owner of the business and share in the earnings of the co-op. You can also attend annual meetings, vote on resolutions and run for a position on the Board of Directors.

What is ‘Co-op Equity and Cash Back’?

Earnings from the co-op are distributed to members based on their purchases during the year. Earnings are returned to members either as equity or cash, depending on each co-op’s financial situation.

The cash portion is paid out to you each year.

The equity portion is your money that is being held back by the co-op to help finance the business, and maintain and upgrade assets to ensure ongoing success.

Find more details on kindersleycoop.ca

By Kindersley Social