chs member owner & patronage
CHS shares its economic success with its cooperative- and producer-owners by returning cash in the form of patronage and equity redemptions that helps them grow and contributes to vital rural communities. Cash distributions highlight the value the cooperative business model delivers to its stakeholders.
To apply for membership and patronage eligibility, please complete this form. All membership and patronage applications are subject to review and approval by the CHS Board of Directors under guidelines detailed in the CHS Membership Policy.
The CHS Board of Directors has adopted a new individual member equity redemption program that adds an “age of equity” component to the company’s existing “age of producer” redemption method.
The policy is effective for fiscal 2016 for which any patronage and equity distributions will be made in fiscal 2017. Future equity redemptions to both member cooperatives and individual owners will be made on an age-of-equity basis. Individual owners may continue to apply for redemption of all outstanding equity at age 70, but after this one-time redemption any equity earned on any future business would be redeemed under the new program. In addition, the CHS Board may implement a future one-time redemption to bring eligible active individual members current to the same age of equity year as member cooperatives. CHS will update members on future developments.
As you reach age 70 you have a decision to make as to what age you’d like to take your one time redeem remainder of equity.
If you would like to make an equity redemption request, please fill out this form
If you have further questions on this please contact our main office. 815-899-8964