Mid-Rivers Telephone Cooperative, Inc., recently released a payment of capital credits to the Cooperative’s members and patrons, with a capital credit retirement totaling $1,134,545.95. The 2024 retirement includes a portion of the 1996 patronage allocation and portion of the 2023 patronage allocation.
Retirement and payment of capital credits is made only if the financial condition of the cooperative permits, as determined by the Board of Trustees.
For the first time, Mid-Rivers was able to apply the retirement amounts as credits on active patron accounts this year, in response to requests fr...
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