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Capital Credits

At Kanokla, being part of a telecommunications cooperative means you're more than just a customer — you're an owner. Each year, we allocate capital credits to members based on their use of our services, representing their share of the co-op’s margins. These funds help support the growth and operation of our network. Then, as financial conditions allow, we return a portion of those credits back to our members — with retirement payments typically distributed at the end of June or beginning of July.

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What Does Allocated Mean?

Capital credit allocations represent your share of the profits in a member-owned cooperative, which Kanokla is. Instead of paying profits to outside shareholders, the co-op allocates a portion of its annual margins (profits) back to members, based on how much business each member did with the co-op that year.

These allocations are typically recorded in your name and may be paid out later in cash, depending on the co-op’s financial position and policies. It’s one of the key benefits of being a co-op member—you share in the success.

When are Kanokla Capital Credits Paid out?

Each year, the Kanokla Board of Directors carefully reviews the cooperative’s financial performance from the previous year. Based on this review, they determine how much of the cooperative’s margins (profits) can be returned to members in the form of capital credit retirements.

As part of this process, the Board also decides which service years will be included in the payout, meaning the funds returned may span multiple past years of member activity. This thoughtful approach ensures that the cooperative remains financially strong while honoring its commitment to share success with its members.

2025 Payout
Information

The Kanokla Board of Directors has approved

$1,000,000 to be paid out

for service years 2004-2021.

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