Lifetime Membership Benefits
A Co-op membership offers a lifetime of rewards, including high quality products and services at competitive prices. We offer the potential for annual cash back and an equity account that grows over time. No points or miles to accumulate. Just cash back to spend on whatever you like. It's simple - Cash Back!
It costs a one time $5 for 1 share to become a lifetime member
Your purchases are accumulated each year and at the end of the year the Board of Directors allocate to our members a percentage back based on those purchases. For 2015 the following percentages were allocated back to the members.
- 3% - Food, Hardware, Lumber, Agro, Tanks, Bins, Crop Protection
- 5.5% - Diesel and Gas both Clear and Dyed Products
- 15% - Oils and Grease, And Propane
For 2015 the North Corridor Co-op allocated 2.2 million to its members and will be paying out 1.2 million in cash
Members equity accounts can be paid out with Board approval based on the following criteria:
- If a member moves away from the Co-ops trading area
- Member reaches the age of 65
- Deceased members, payment to the estate
- Dissolution of a company
Over the past 10 years, Co-ops across Western Canada have given back $4.1 Billion. Money that is reinvested back to members and their communities
Our Profits are your Profits