It's Time for Capital Credits

This December, ITC will be paying out capital credits for the seventh year in a row! We will pay 2013 and 2014 in full, along with 25% of 2021 and 10% of 2023. This payout equals approximately $10.6 million 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 distribution of $100 or less will receive a credit on their bill. 

It’s great to be an ITC member! Capital credits are a significant benefit of being a Coop member. As a Cooperative member, most of our profits are returned to you through capital credits. In August, your bill included an allocation statement from 2024. This year, your allocation statement showed that 57% of the amount you paid for applicable services was allocated back to you. ITC has paid back its members nearly $41 million over the past seven 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 enables ITC to offer new products and services at affordable rates. Together, we can make a difference. 

Thank you for being a Coop member and for supporting ITC!