16,000 Co-op member/owners are receiving cash back, adding up to $1.65 Million dollars! The Mid Island Co-op Board of Directors is proud to announce that the Co-op continues to strengthen financially. Co-op board and staff will be on hand in Nanaimo on Friday, May 29th and Saturday the 30th and Gabriola Island on June 1st, to hand out member equity cheques and serve free hot dogs.

As set out by the members’ bylaws, the Co-op is required to payout equity rebates in the following specific order, based on it’s ability to do so: 1) Estates, 2) Moved Aways, 3) Over Age of 67, 4) Equity over $1800 and finally 5) General Repayments.

The most important thing to note, is that all of this is money that stays in your community! It’s just one of the many benefits of Co-op membership.