Tempo

Membership Benefits


Membership benefits include:
 

  • Ability to participate in company through the democratic process.
  • Equity and Cash Back based on Petroleum Purchases.


Membership Involvement:

As a member of a democratic organization, you are entitled to a vote at the Annual Meeting, as well as participate in the mail-in election of the Board of Directors. You are entitled to participate to a greater extent in the co-operative as a board member according to the requirements as set out in the by-laws.

A Share in the Profits:

Each petroleum purchase you make using your member number will be totaled yearly. This year, 7.94% of this total was credited to each member's share account. Red River Co-op then bought back a percentage of the share account which is paid out by cheque. For 2010, this percentage was set at 45%. This year over 185,500 cheques totaling over $29.1 million dollars were sent out to Red River Co-op members. The positive growth rates we've seen over the past several years means excellent returns for our current and future members