Capital Credits Payout

This December, ITC will be paying out capital credits for the sixth year in a row! We will pay 2011 and 2012 in full, along with 25% of 2020. This payout equals more than 7.3 million dollars being paid out to our Cooperative members this year, making it the largest payout in ITC history. Checks will be mailed early in December. Active members with a $100 or less distribution will receive a credit on their bill.

It’s great to be an ITC member! Capital credits are a huge benefit to being a member of a Coop. As a Cooperative member, most of our profits get passed back to you through capital credits. In August, your bill included an allocation statement from 2023. This year, your allocation statement reflected that 60% of what you paid for applicable services was allocated back to you. ITC has paid back its members almost 28 million dollars in the past five years.

Because you subscribe to products and services provided by your local Cooperative, ITC can provide you with these capital credits payouts. When you support your Coop, you also help to build and maintain quality telecommunications for your communities. Your support also makes it possible for ITC to offer new products and services at an affordable rate. Together, we can make a difference.

Thank you for being a member of the Coop and supporting ITC! To learn more about your Coop, CLICK HERE.