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Shenandoah Valley News

Sunday, November 24, 2024

SVEC Unclaimed Equity (Capital Credit) Refunds

Money 02

Shenandoah Valley Electric Cooperative  issued the following announcement on Aug. 4

The document in the link below (“List of Unclaimed Equity 2021”) contains the names for an insert to the September 2021 Cooperative Living magazine. It’s a list of SVEC members and former members who have not claimed their equity refunds from the cooperative. The list includes the names of individuals with unclaimed refunds as of June 2021.

Please review the list and, if you recognize any individuals or their representatives, have them contact the cooperative to discuss the refund. It is important that they contact the cooperative so we may update the equity account information and refund any amounts currently due to them.

The retirement of capital credits, which occurs after the Board of Directors determines that all other financial obligations have been met, is one of the many advantages of co-op membership.

If you recognize a name on the list, please contact SVEC at 1-800-234-7832, chat us by clicking here or fill out the Equity Refund Inquiry form below.

List of Unclaimed Equity 2021 (click here)

Original source can be found here.

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