What is a patronage refund?
When co-ops have a surplus (a.k.a. profit) left over at the end of the fiscal year they may distribute the Owners’ share of the surplus back to the Owners in the form of a patronage refund. These profits are distributed in direct proportion to a co-op Owner’s patronage (purchases) and is made up of patronage equity and store credit.
How will I know that my purchases are being recorded?
In order to record your purchase the cashier asks, before each transaction, for your Owner number. They will then confirm your name on the account before ringing up your items. All merchandise rung through after that point is recorded by our register system.