• Co-op Ownership

    Becoming an owner is easy

Owners are the foundation of Seward Co-op. In 2018, we welcomed nearly 1,500 new owners to our cooperative. We’ve made it as easy as possible for you to become part of this community. Choose from three payment options for becoming a co-op owner: paid-in-full, installments and a needs-based option for those who qualify. A new ownership purchased with any of the three payment options will have immediate full owner benefits. Full owner equity at Seward Co-op is $75 of Class A stock.

Ownership Investment Options

Installments

This option splits the equity purchase into three payments made on the following schedule:

  • Initial payment – nine shares ($27)
  • Within three months of initial payment – eight shares ($24)
  • Within six months of initial payment – eight shares ($24)

Needs-Based

For new owners who are currently enrolled in Minnesota Food Assistance/Support, Minnesota Health Care, Social Security Disability Insurance, or Women, Infants and Children Program (WIC), a new ownership can be purchased for an initial equity investment of $15. These owners will earn their remaining $60 of owner equity through future patronage refunds. In this case, the patronage refunds will be converted to class A stock until their combined total reaches the full $75 cost of ownership.

All co-op owners who have financial need may also apply for our everyday needs-based discount of 10%. Visit Customer Service to apply.


Owner Benefits

Seward Co-op owners enjoy great benefits.

Quarterly Discount

10% off one unlimited quantity shopping trip or café purchase per calendar quarter.

Owner Deals

Seward Co-op owners can find extra savings with Owner Deals throughout the grocery stores.

Owner Appreciation at the Café

Every Thursday is Owner Appreciation Day at the Creamery Café.

15% off all purchases for Seward Co-op owners.

Community Investment

An investment in community.

A Vote

Choose the board of directors and impact the future direction of the co-op.

Patronage Refund

Co-ops can return money back to its owners in profitable years, proportional to the amount spent at the co-op.

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