AGRIS Co-operative Ltd.
Investment Opportunities (Revised April 2015)
Unsecured Debentures: 3
5 years 5.25%
Demand Loan Accounts 2.75%
Your Co-operative needs capital in order to acquire fixed assets and working
capital to provide regular services to members and customers. Financing is obtained from three sources:
1) Annual profits and
2) Creditors who provide money
3) Members and other individuals
who help to finance the business as investors. There are several different
investment opportunities as described below.
Demand Loan Accounts - Money that is invested in these accounts is
treated as a loan that is repayable on demand. Interest rates are usually fairly
attractive for short-term investments.
Funds can be put in to these accounts at any time and withdrawn at any
time and the maximum amount per individual is $150,000. Interest is calculated monthly, taking into
account daily all new loans and repayments that take place during the
month. Interest is credited to the
balance of the Demand Member Loan account each month and a monthly statement is
mailed out showing all the transactions that have taken place.
Unsecured Debentures - These are long term investments
that are issued for three or five year terms.
Interest is paid annually. Upon
the initial investment, a confirmation statement is mailed out and then after
that there is a Statement of Investments sent out annually.
Periodically your Co-operative offers a Secured Debenture series and
whenever these are available, details will be posted on this website. At that time information will also be mailed
out to current investors and members.
For more information contact your local branch or call Paul
Emerick at 519-380-2373.