Returning capital credits to member-owners benefits our cities, our schools, our members, and the entire community—a great reminder of what cooperative membership means.
Victory Electric provides real value for your membership in multiple ways to benefit individual members and the local economy. By focusing on people rather than profit, cooperatives ensure that the needs and interests of our members always come first.
After reviewing the cooperative’s financial health this year, the Victory Electric Board of Trustees authorized the retirement, or return, of $1,187,367 worth of capital credits to members.