Co-ops are a little bit differentWhen you join a co-operative, you are purchasing a share. As a shareholder and part owner, when the Co-op turns a profit, some of that profit is returned to you.
This profit sharing happens in two ways:
An annual cash payment– not points, not miles, not tokens – a cheque made out to you to spend however you choose.*
Equity- Your stake in the business can grow over time and is paid out to you later on (usually at age 65, 69 or 70 depending on your co-op’s rules).
Because you’re buying a share (not paying a membership fee), you only pay once. There are no monthly or annual fees.
This is not a loyalty program. There are no miles to collect, and no points to accumulate. You are an owner and your reward is cash.
“Rewards” programs come and go but our co–operatives have been operating this way – keeping profits local and serving communities in Western Canada – for about a hundred years.
Help keep money in your community – and in your wallet.
You can join today by visiting the customer service counter at your local Co-op.
To learn more about Co-op membership benefits visit the FAQ page.