Member Credit System
Member Credit System
Our credit system applies to Members (those who joined under our new membership program, beginning in September 2016) and Former Shareholders. The latter group includes those who joined the Co-op by purchasing shares of stock. Please email info@semcoop.com with any questions.
- Credits are applied to Members' (see definitions above) accounts on the first of every month, and equal 10% of the previous month's purchases.
- Once credits have been applied to an account, they can be used immediately, or allowed to build up month to month.
- All Member credits expire annually at the end of the day on June 30th, which marks the end of our fiscal year.