PRINCETON, Mo. — The GRM Networks Board of Directors recently authorized the return of approximately $750,000 in capital credits.
Collectively, GRM Networks will pay $500,000 to members who had service in 1996 and $250,000 to members who had service in 2014. Capital credits are distributed based on the amount of money a member has spent using GRM Networks services.
The December check distribution marks the 27th consecutive year GRM Networks has paid capital credits to its member owners. To date, more than $38,766,000 in capital credit money has been returned to members of GRM Networks or their estates.
Checks will be mailed in mid-December. Members should contact Kerrie Gannan at 660-748-2320 to report a change of address or to ask questions about capital credits.
About GRM Networks
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. LTC Networks and SCC Networks are subsidiaries of GRM Networks.
For more information about GRM Networks, visit www.grm.net.