Central Missouri Electric Cooperative is a member-owned electric utility, operating on a not-for-profit basis for the shared benefit of its members. Each member is assigned a portion of the cooperative's margins, referred to as capital credits. These capital credits represent an investment in the cooperative and reflect your ownership share.
The process of assigning these margins is called "allocation". Please note that the funds are not available for immediate withdrawal but are reinvested into the cooperative to reduce debt and strengthen our financial position. The return of these capital credits to members is called "retirement". As financial conditions permit, the Board of Directors approves the retirement of capital credits.
To check if you or someone you know has unclaimed funds, visit our Unclaimed Funds page.
CMEC is a member-owned, not-for-profit electric cooperative, working for the benefit of its members. Each member earns a share of the cooperative’s profits, called capital credits. These credits represent an investment in the cooperative and reflect your ownership share.
Capital credits are based on the amount you contribute to the cooperative through your monthly electric bill payments.
If you are billed for service, even for just one month, and CMEC generates margins in that year, you will receive capital credits.
“Allocation” refers to the process of assigning margins to members in the form of capital credits.
Allocation notices are provided after CMEC’s financials are audited, usually in the spring of the following year. If your account is active, your allocation will appear on your bill. If your account is inactive, you will receive the notice by mail.
“Retirement” is the process of returning capital credits to members.
Capital credits are reinvested in the cooperative to reduce debt and enhance financial stability. The Board of Directors approves the retirement of capital credits when financial conditions allow.
Capital credits cannot be used for immediate withdrawal or to pay bills. They are reinvested into the cooperative to strengthen its financial position.
If you move, please notify our office of your new address.
Your capital credits will remain in your name until they are retired. Once eligible, a check will be mailed to you based on the criteria approved by the Board of Directors.
If a member passes away and there is no surviving spouse, the Board of Directors may approve early retirement of the capital credits at a discounted rate. Please contact a Member Service Representative for information on the required documentation.