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lifetime membership benefits

Your Co-op is really yours, because you own it!

We are a different kind of business – a business that shares our profits with our members. A Co-op membership offers a lifetime of rewards including high- quality products and service at competitive prices. We also offer the potential for annual cash-back and an equity account that grows over time, as well as the opportunity to get involved as a member-owner.

Everyone is welcome to shop at Co-op, and everyone is invited to become a member. There are no points to collect or miles to accumulate, just cash back to spend on whatever you like. It’s simple - cash back!

 

Here are a couple of questions and answers to help you out.

What is a Co-op and why is membership important? - Simply put, Co-ops wouldn’t exist or operate without its members. Instead of being owned by one person and controlled by a head office somewhere far away, Co-ops are owned by anyone who wants to be a member and are locally operated. Each time Co-op members shop at their Co-op, the amount of their purchases is added up, and they share in their local Co-op’s profits.

How do customers become members? - It’s easy, but first we need to let them know that they can become members. If a customer doesn’t have a membership, you should invite them to get one so they may start earning lifetime membership benefits. More members leads to more profits that are shared and re-invested in the community! Becoming a member – and owner – is easy. There is an application form and a membership fee (you’re actually buying a share of your local Co-op), and that’s it. Customer Service is a good place to sign up new members.

How much will I get back? - Members' allocations depend on the amount they spend. If you make more purchases at your Co-op, your cash-back will increase. It’s easy to earn cash back just by shopping at Co-op for your everyday needs!

What’s an equity account? How do I get mine? - An equity account is like a savings account. Each year, your Co-op’s profits are shared among members. A portion is paid back to you in cash back (you’ll usually get a cheque in the mail). The remaining portion is deposited into your equity account and it grows over time!

How much has Co-op given back? - Over the past 10 years, Co-op has given back $4.1 billion – money that is in reinvested back to members and their communities.

 

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