Member economic participation is the cornerstone for developing a new food co-op. A little from a lot of people who desire a small local grocery store that emphasizes natural and local foods will make our vision of opening doors on our brand new grocery store by 2011 a reality.
The countdown is now on to raise $100,000 in membership equity funds by February, 2010! This is phase 1 of our membership drive.
Raising member start-up capital is the first step. With this foundation our finance committee can take our business plan to the bank to seek the rest of the capital we need. Another way to invest is through our member loan program (currently under development.)
The benefits of membership in a food co-op are many. They could include a discount at the register, annual patronage refund checks when the co-op is profitable, discounts at other businesses, member appreciation coupons, voting rights, and more.
To make your one-time capital investment of $200 (proposed one-time member fee) with the Co-op Market, just send a check or money order with a self-addressed stamped envelope to:
FAIRBANKS COMMUNITY COOPERATIVE MARKET
PO Box 81765
Fairbanks, AK 99708-1765
We will send your Founding Member ticket to you.
You can pay quickly with Pay Pal. Just go to www.FairbanksCoop.org and click on the PayPal button at the top right. There is a small fee for using Pay Pal. To avoid the fee you can mail a check or money order or bring it to us at a meeting.
You can also start your Membership in the Co-op Market for as little as $25 quarterly for two years or $50 quarterly for one year.
The Co-op Market maintains a database with your payment information, so if you have already paid for part of your membership and need to know how much you have paid, e-mail firstname.lastname@example.org.
THANK-YOU gifts – When you pay in full you will currently receive a code to get the corporate discount at Sourdough Fuel for home heating fuel autofill customers. Expect some other surprises in the mail with your member card and receipt.