Join the Co-op – Payment Plan
$10 down + $10/month = full owner benefits
Join the Medford Food Co-op by purchasing a share of the business. The cost of an owner share is $100.00 and a payment plan is available for those that want to budget. Pay $10.00 down + $10.00 a month and you’ll receive full owner benefits. Owner shares have the advantage of being a low-cost way for the Co-op to build capital and maintain growth.
Payment Plan Responsibilities
Full owner benefits are available for those who enroll in our payment plan. Owners utilizing the payment plan are responsible for making monthly payments to maintain their owner benefits and active status. The payment plan requires a $10 down payment to initiate the share purchase, and minimum payments of $10 must occur monthly until the $100 share price has been paid in full. If a minimum payment is missed, all owner benefits will be placed on hold. To release benefits on hold, minimum payments must resume.
Cashiers will prompt owners at checkout when a monthly payment is due.
Please allow a minimum of 2-3 businesses days for processing. If you plan to visit the store immediately after purchasing a share online, we recommend signing up in-store instead so your benefits are available immediately.
The purchase of a share is entitled to dividends, and cannot be redeemed for more than the issuing price. All shares are subject to the terms and conditions of the articles of incorporation and bylaws of the Medford Food Co-op. Shares are at risk and refundable, though the Board retains the right to withhold refunds when necessary to protect the Co-op’s financial viability.
