When you join the Co-op you are more than a member — you are an owner!
When we say “community-owned,” we mean that more than 2,000 members of our community have an equity share in the Co-op. Placerville Food Co-op isn’t owned by one single individual. It is owned by your communities members, friends, and neighbors.
Your owner investment is $300. The investment must be paid in full within 3 years.
Yes! Make a $25 payment to begin your ownership, then make a $25 payment (at minimum) every quarter for 3 years.
Owners are welcome to make more frequent payments and/or pay more than $25 to reach their full equity investment before 3 years’ time.
Not at all! Once you have paid your investment in full, the only money you give to the Co-op will be for your regular shopping trips. There are no monthly, quarterly, or yearly fees associated with Co-op ownership.
Of course! You will receive your full investment balance (MINUS a $10 administrative fee) if you decide to withdraw your ownership.
Absolutely! Placerville Food Co-op is open to ALL. Owners get additional perks, like discounts!
You are welcome to shop at the Co-op! However, owners who are behind on their equity payments are not eligible for Owner perks, like the quarterly discounts. These perks will be available to you once you become current with your equity account.
No way! Co-op ownership is for one household ONLY. Your Co-op ownership may be revoked if anyone outside your household uses your Co-op number.
Just one! According to our Bylaws, only one ownership share may be purchased per household.
Nope! One household = One ownership share = One vote in the election.