Membership/ Dues Structure

Any incorporated cooperative or credit union in the Kootenay/ Boundary region of Southeastern British Columbia that carries out business primarily in the region, is eligible for membership.

Members are required to subscribe to the number of shares equaling in value the annual dues payable in the member's first year, and disregarding fractional shares. e.g. If a member's annual dues are $375.00, the member must subscribe to $370 in shares, or 37 shares. Membership Applications must include payment for 1 share with a $10 par value.

The Upper Columbia Co-op Council's annual dues structure follows that of the BC Cooperative Association, which, where applicable to our regional members, for 2009/2010 is as follows:

1. Credit Unions - based on assets

(a) less than $20 million assets $180
(b) $20 million to $50 million assets $355
(c) $50 million to $100 million assets $715
(d) $100 million to $250 million assets $1431
(e) $250 million to $500 million assets $2147
(f) $500 million to $1 billion assets $2863
(g) $1 billion to $2 billion assets $3579

2. Retail Co-ops and Producer Co-ops - based on sales

(a) less than $1 million sales $180
(b) $1 million to $2 million sales $355
(c) $2 million to $5 million sales $499
(d) $5 million to $10 million sales $715
(e) $10 million to $20 million sales $1071
(f) $20 million to $30 million sales $1431
(g) $30 million to $40 million sales $2147

3. Housing Co-ops - based on units = members

(a) less than 50 units $180
(b) 50 to 149 units $355
(c) 150 units or more $715

4. Worker Co-ops - based on employees

(a) less than 20 employees $180
(b) 20 to 49 employees $355
(c) 50 to 100 employees $715
(d) 100 to 249 employees $1431
(e) 250 to 500 employees $2147

5. Community Service Co-ops

Single Dues Price $180

6. Youth Co-ops
Single Dues price $180