Little River can return capital credits to its members after the board has determined the cooperative’s finances are sound. Capital credit funds are derived from margins, money LRECI has left over at the end of the year after the co-op has received all revenue and paid expenses.
Capital credits are allocated to members and held in their accounts for a predetermined amount of time. During that time, Little River uses the capital credits to pay for new construction, storm repair, and other expenses. Using capital credits in this manner reduces the amount of money Little River would need to obtain from other sources.
If you have questions about the capital credits allocated to your account, you can email us at mail@lreci.coop or call 864-366-2141 during business hours.
Please remember to include your name, account number and the best phone number to reach you, and one of our member services representatives will contact you after researching your account.
If you have the right to claim a member’s unclaimed funds, please call us at 864-366-2141 to discuss options for reissuing the check.
