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GRM Networks® distributes more than $3.8 Million in Capital Credits to member-owners

PRINCETON, MO — The GRM Networks® Board of Directors has authorized the return of approximately $2 million in patronage capital credits to its member-owners. This includes $1.8 million paid to members with service in 1997 and $200,000 paid to members with service in 2018. This year, GRM Networks has also returned more than $1.8 million to the estates of deceased members. Combined, a grand total of more than $3.8 million will be returned to members, or their estates, in 2019.

The December 2019 check distribution marks the 31st consecutive year GRM Networkshas paid capital credits to member-owners. Since 1989, members of the cooperative have received more than $48.5 million in patronage capital credits.

GRM Networks proudly supports the local economy through its investments in the communities served such as the payment of local taxes and the employment of 96 fulltime employees. GRM Networks provides scholarship programs and learning opportunities for area youth, distributes quarterly community improvement grants to local organizations and sponsors numerous community events.

The 2019 capital credit checks will be mailed in mid-December. For more information, or to report a change of address, members may contact Kerrie Gannan at 660-748-2320.

GRM Networks® is a member-owned cooperative that provides communication services to customers located within a 4,500 square mile radius that covers 44 exchanges in northern Missouri and southern Iowa. GRM Networks is dedicated to delivering reliable, advanced communications technology while providing an exceptional customer experience. GRM Networks is committed to promoting and investing in its local communities. For more information about GRM Networks, visit www.grm.net.

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