Central Region Cooperative is currently offering a new 3-year term note program to our patoron members. The term notes will pay interest at 3% annually and mature on December 31, 2021.
Minimum investment in the term note is $1,000. As with the previous term notes, a Note Program Disclosure and Note will need to be signed.
Central Region Cooperative (CRC) is also opening its demand note program to member patrons. CRC is currently paying 2% annual percentage rate of interest on demand notes. Interest rates paid on demand notes are subject to change at any time by action of the CRC Board of Directors. Funds invested in the demand note program can be withdrawn at any time. If you are currently invested in the demand note program you may optionally choose to reinvest those funds in the term note program.
Minimum investment in the demand note is $1,000. As with the previous demand notes, a Note Program Disclosure and Note will need to be signed.
You may contact any of the offices listed below to participate in either program. Should you have specific questions about either program you may reach out to Chuck Braun at (320) 833-5321 (Ext. 1262).