Capital Credits

In our 65 plus years, Peoples has distributed $11,484,374.06 in capital credits to our members.

Capital Credits Process

  1. It begins when a member purchases services from Peoples Telephone Coop
  2. Each year, after expenses are paid, Peoples calculates margins (leftover funds)
  3. These margins are used to pay down debt, invest in network and improve projects and allocate to members as capital credits based on patronage
  4. If financial conditions allow, Peoples retires (returns) capital credits to members


Am I a member?

Cooperative members are subscribers within the Peoples Telephone Coop footprint. Subscribers within the ‘gray’ areas would qualify for membership.

Cooperative boundary map

What are capital credits/where did this money come from?

As a cooperative, we are owned by our members. Your capital credits are your amount of patronage capital which is the margin or profit left over each fiscal year after Peoples pays all its expenses. This is allocated in proportion to your billings.

Allocations and Retirements

Allocations are the amount that will be due to you at a later time based on your patronage. When the Board of Directors approves a retirement of capital credits, they will determine the fiscal year(s) and portion to distribute.

What if I disconnect service?

Capital credits that were allocated during the time you were a member will be retired (returned) to you as they are approved for distribution even if you are not an active member. So be sure to update Peoples with mailing address and contact information.

Have Questions?

Capital Credit Department Contact: