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Co-op membership is a little different. It means you own part of your local Co-op and can share in its profits, through something called equity.
Each year, your local Co-op chooses to return part of its profits back to members as equity. The equity payout is determined annually by your local Board of Directors, and the amount you receive depends on how much you've shopped at your local Co-op and how well the business performed over the past year. Part of your equity may be paid to you as cash and the rest remains in your own equity account, which grows every time you shop at Co-op!
Your full equity account can be paid out when you move or reach retirement age, in accordance with your local Co-op's bylaws.