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Four County EMC Returns Over $722,000 in Capital Credit Refunds to Its Members

December 2nd, 2011

Members of Four County Electric Membership Corporation will receive a capital credit refund check from their electric cooperative in early December.

     The Cooperative is refunding $722,841 to active and past members. The refund represents 100 percent of each member’s share of the margins for 1982, 10 percent of 1983, and 3 percent of margins for 2010.

     “We are proud that our members benefit from the Cooperative way of business,” commented Chief Executive Officer Mitchell Keel about the not-for-profit company. “At the end of each year, we allocate left-over earnings to our members,” Keel added.

     Four County Electric Membership Corporation serves over 32,000 members in Bladen, Duplin, Pender, Sampson, Columbus and Onslow counties.

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Four County Electric Membership Corp. 1822 NC Hwy. 53 West, Burgaw, NC 28425 (T) 888.368.7289 (F) 910.259.1860
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