The SRT Board of Directors approved the distribution of $2,942,290 in capital credits back to members for 2025.
Credits will include a portion of the 2001 and/or 2024 allocations. Checks mail in early June.
“Belonging to a cooperative is much more than purchasing a service. Our members receive rewards for doing business with us each year,” said Kristi Miller, SRT Board President. “We always look forward to sharing the cooperative’s success and stability with our valued membership.”
Here is how SRT determines and distributes capital credits:
- SRT tracks the money members spend on communication services throughout the year.
- At the end of the fiscal year, SRT determines whether there are excess revenues, called margins.
- The margins are allocated to members as capital credits based on the amount spent by the member during the year.
- The Board of Directors decides to retire, or pay, the capital credits when the cooperative’s financial condition allows.
- Members are notified how and when they will receive their capital credit distribution.
Members should inform SRT of changes to their current mailing address to ensure they receive any future capital credit retirements.
For more information on capital credits, visit srt.com/capitalcredits or call 701-858-1200.
SRT Communications, headquartered in Minot, North Dakota, is the state’s largest telecommunications cooperative. Established in 1951, SRT employs roughly 180 people and serves more than 25,000 customers across north central North Dakota. SRT earned the distinction as a Certified Gig-Capable Provider in 2017. Services include high-speed internet, phone, and security/surveillance systems for home and business. Learn more at www.srt.com.
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