Member Credit System

Member Credit System

Our credit system applies to Members (those who joined under our new membership program, beginning in September 2016), Active Shareholders, and Charter Members. The latter two groups include those who joined the Co-op by purchasing shares of stock, and were divided into two segments on May 1, 2017. For more information on this change, see the letter sent to shareholders in February 2017. 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.