At the regular October meeting, MEA’s Board of Directors approved the distribution of $1,292,062 in general capital credit retirements to the 1989 co-op membership. The board elected to use the “first in, first out” method for capital credit retirements this year, meaning capital credits will be paid to MEA’s longest standing members. A member’s capital credit payout will be first applied to any delinquent or uncollectible accounts owed to MEA, and any capital credits in the amount of less than $25 will be applied to members’ bills. Co-op members receiving a capital credit retirement check can expect it to arrive in the mail in early December. Over the past five years, nearly $10 million in general capital credits have been retired and distributed to members.