When Is My Next Equity Payment Due?
Allison Weinhagen, Director of Member Services
Many of our active shareholding members pay $15 in equity each year until they reach their full share of $200. In order to be considered an “active” shareholding member for purposes of voting, member-worker discounts, and the Patronage Refund, a member’s equity needs to be current.
One way to know when your equity is due is to look at your Co-op receipt. At the top, next to your name, it should read “PIF” if your equity is Paid In Full. Otherwise, it will list the date that your next equity payment is due. In a few cases of long last or first names, this information may not show. Oftentimes, your cashier will also remind you if your equity due date is arriving soon.
In the interest of more convenient equity reminders, we’re making some improvements!
Starting in mid-October, we’ll be emailing monthly reminders to members who have equity payments due in the following month. If you have equity due in November, for example, you’ll receive an email from us around October 15 reminding you.
You can pay your equity in several different ways:
- Pay in-store at any register next time you’re at the Co-op.
- Mail your payment to City Market, Attn: Member Services, 82 South Winooski Avenue, Burlington VT 05401. Please make sure you include your member name and number with the payment.
- Call Leila at 861-9707 or Cristi at 861-9757 with your credit card information. We can mail or email your receipt. We hope to have online payments as an option in the not too distant future!
If you’re interested in getting these email reminders, please make sure that we have your correct email address! If you’re not sure, please send us a note at memberservices@citymarket.coop with your member name and number and we’ll make sure we have your current information.