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Capital Credits Refund

Approximately 19,100 former and current members of Lorain-Medina Rural Electric Cooperative will receive patronage capital credit refunds this week.  At its November meeting, the Lorain-Medina Rural Electric Board of Trustees approved a record patronage capital credit refund of $1,303,141 marking the 33rd consecutive year the cooperative has retired capital credits to current and former members. Since 1982, the cooperative has refunded more than $21.5 million in capital credits. Read more...

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