GRM Networks Announces Distribution of Capital Credits
December 1, 2023 5:33AM CST
Pictured above are members of the GRM Networks Board of Directors. Back row from left to
right are Secretary Bruce George, Assistant Secretary Ray Meyer, Assistant Treasurer Allan Mulnix, Tim Lance and Mike Quick. Photo submitted by GRM Networks.
BETHANY, MO – The GRM Networks Board of Directors has authorized the return of approximately $3 million in patronage capital credits to its member-owners. This includes approximately $2.4 million paid to members with service in 1999 and $611,000 paid to members with service in 2022. The December 2023 check distribution marks the 35th consecutive year GRM Networks has paid capital credits to member-owners. Since 1989, members of the cooperative have received more than $70 million in patronage capital credits.
The capital credits checks will be mailed in the third week of December.
