CAPITAL CREDITS NOTICES

Capital credits checks were mailed to members in November. Members who have not cashed or deposited their checks will receive notices by mail and email asking them to promptly do so. The first notice will be sent February 17 and a second notice will be sent March 10. Below is last year's notice.

January 31, 2023

Re: Capital Credits Check Not Cashed

Dear ,

According to our records, your capital credits check from Butler Rural Electric Cooperative has not been cashed or deposited as of March 10, 2022. The check was mailed to you in November 2021. Please cash the check immediately or choose one of the options below and return this letter. If you do not take action on this money, your capital credits amount will not be available to you and will be reallocated to the cooperative membership.

Thank you for your cooperation.

Sincerely,

Judith Persinger Director of Accounting and Finance Butler

Rural Electric Cooperative, Inc.

_____ Please issue a duplicate check.

_____ Apply the capital credits amount to my electric bill.

_____ Automatically apply my capital credits amount to my bill each year.

_____ Donate my capital credits check to Butler Rural Community Connection.

______________________________ ______________________________ ______________

Signature of Payee Title (if for a corporation) Date

LEARN THE LINGO > RTOS

Regional Transmission Organizations

Non-profit, public-benefit corporations created as a part of electricity restructuring in the U.S., beginning in the 1990s. RTOs cover about half of the U.S. and manage roughly two-thirds of annual electricity demand.