Unclaimed Capital Credits
If you're a member of Co-Mo Electric Cooperative, you're also an owner! When we have margins above the cost of doing business at the end of the year, the Board of Directors allocates that money back to the membership based on their usage and length of time with Co-Mo. Then, at some future date, the Board can retire those credits and authorize their return to the membership. Sometimes, in the years between when the money was allocated and when those credits were retired, a member leaves the system and fails to give us a forwarding address or contact information. After attempting to locate these people, their credits become unclaimed. Co-Mo bylaws dictate that we publish the unclaimed capital credits list once a year. The list will be published here each year in January. The list remains up through the end of April. During that period, former members can claim any outstanding capital credits.