On December 16, 2020, the board of directors passed a new equity policy that allows for payout of equity based upon age, as well as estates.  The new Equity Retirement Policy states:

1. Retirement of any patron’s equity is solely within the discretion of the board of directors.
2. Equity will be paid on estates and individuals attaining age 80.
3. Equities may be transferred, after a written request and approval.
4. First Lien Clause, prior to any retirement, as well as at other times, the Co-op will have a first lien on all equity for all indebtedness.

Print form below, fill out completely, and return to the office. 

If you have any questions, please call Brent or Jen at the main office 218-435-6919

Over 80 Equity Request Form

W-9 Form

Affidavit For Collection Of Personal Property

Estate Equity Request Form

Retirement Of Equity Policy