PREMA BOARD APPROVES CAPITAL CREDIT RETIREMENT
The PREMA Board approved a general distribution of patronage capital to our members amounting to $472,749. at its August meeting. This amount is made up of 1/25th of the total patronage capital account balance and the cash payment that was received from Tri-State G&T. Since 1975, PREMA has returned over $8.5 million in member’s equity.
Checks were mailed out on October 15th.