We're excited to officially announce that we are giving over $3.2 million to our members in cash back and equity for their 2020 purchases.
With the economic difficulties of the year between the pandemic and market for fuel, we were very proud to continue to give back to our member/owners with cash that goes right into their pocket and can help stimulate the local economy.
Cheques will be sent in late November to our members to coincide with Giving Tuesday. Thanks for supporting our different kind of business.
2020 Allocation Rates
|Dyed & Clear Gasoline||3.70%|
|Oils & Lubes||3.50%|
|Dyed & Clear Diesel||2.00%|
|Food & C-Store||1.00%|
|Liquor & Hospitality||1.00%|
|Hardware & Fashions||1.00%|
The Otter Co-op reviews our allocation and equity process annually, determining the allocation rates for the previous year (listed above). Those rates are then applied against each member’s purchases over that one-year period.