Retirement Equity

Dec 10, 2019

Retirement Equity
Established in 2001, Glacial Plains Cooperative was formed by combining United Farmers Elevator, and Swift Coop Oil Company. Each year, Glacial Plains Cooperative pays out retained equity to our Patron owners.  Patrons who have reached ‘retirement’ age are issued a check for their retained earnings from doing business with the cooperative.

On December 5, 2019, Glacial Plains Cooperative paid out nearly $454,000 in patron equity.  The management and board of directors appreciate each and every patron who has done business with the cooperatives, helping build and make this company successful. 

Photo caption 1: Paul Amlie receiving his equity
from Scott Nelson, Jonathan Fahl, and Mark Greicar

Photo caption 2: Carlton Nelson receives his check from Mark Greicar

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