Capital Credit Forfeiture Notice

UNCLAIMED CAPITAL CREDITS

What are Capital Credits?

Capital Credits are a member’s share of the cooperative’s margins for a year in which revenues exceeded expenses. The amount a member is credited is proportionate to the amount received in energy services during the same year. Capital Credits are refunded periodically as approved by the MEC Board of Directors. Learn more about Capital Credits here: Capital Credits FAQ | Midstate Electric Cooperative, Inc

NOTICE FROM MIDSTATE ELECTRIC COOPERATIVE

Midstate Electric Cooperative gives notice that unclaimed Capital Credit payments are now and have been available since November 29, 2019 at the office of the Cooperative – 16755 Finley Butte Rd, PO Box 127, La Pine OR 97739, 541-536-2126 or 800-722-7219 – to the members listed on our website – www.midstateelectric.coop. Unless the members named, or their heirs, claim payment no later than September 30, 2024, the Capital Credits for patronage dividends earned during the years 2002 through 2003 will be forfeited to the Cooperative as permanent equity.

The list below includes all individuals and businesses who were sent Capital Credits checks and notices that were not cashed or returned to MEC offices as undeliverable mail. It is important to notify MEC of your forwarding address when you move or change your address.

If you find your name on the list below, and would like to claim your refund, please call the MEC office. Please provide your name, current address, and telephone number so that MEC can contact you promptly. A picture identification may be required before the funds are released.

ENTER LAST NAME, FIRST NAME OR BUSINESS/TRUST NAME TO SEARCH BELOW.