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MEMBERSHIP ADVANTAGE
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 Building Equity
The $10.00 lifetime membership fee allows you to
share in ownership and the disposition of surpluses from the sale of goods and services.
What Membership Means
How to Become a Member
What is the Co-operative Retailing System
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What Membership in
the Wetaskiwin Co-op Means |
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The Wetaskiwin Co-op is a business - with a difference!
The difference is that the Co-op is 100% Canadian, locally-owned,
controlled by its members.
It
is uniquely characterized by various membership benefits.
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Anyone can apply for membership. It
simply involves filling out an application / membership form and paying
the fee of $10.00 to purchase shares in the Wetaskiwin Co-op.
That's all there is to it.
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The Co-op's one member-one vote system
opens up exciting opportunities for members to participate in the
decision-making process of the Wetaskiwin Co-op.
Buying Power: quality products,
competitive pricing, comparison price guarantees.
Ownership:
Wetaskiwin is one
of more than 250 Canadian Co-ops that owns Federated Co-operatives Ltd. (FCL). This is our
central wholesaling, manufacturing and administrative organization. Through FCL,
our Co-op along with these other co-ops and its members share in the ownership of the following Canadian operations.
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6 administrative or regional office facilities,
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4 distribution centres,
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7 feed plants,
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16 propane distribution centres,
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A sawmill and plywood plant in Canoe, B.C.
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Consumers' Co-operative Refineries Limited - a 90,000
barrel-per-day refinery in Regina, integrated with the NewGrade Energy Inc. heavy oil
upgrader.
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The Grocery People Limited, the Edmonton-based food wholesaler
and retailer serving accounts in western Canada, the Yukon and Northwest Territories.
Co-op Equity and Cash Back -
the surplus or 'savings' generated by each retail co-op belongs to the members and can be
repaid in cash or allocated to member's equity accounts. On the surface, the Co-op
looks very much like any other local business. However, unlike other businesses, any
savings generated by the Co-op are returned to member-owners, proportionate to the amount
purchased from the Co-op during the year. These member savings accumulate as equity in
each member's share account, so the more a member supports the Co-op, the greater his or
her equity can become.
Personalized Service:
employees are also members and owners, like you are. They know the value of
excellent customer service to the overall profitability of the co-operative.
Experienced and Skilled Team Working
for You: combine the experience, knowledge and skills of everyone associated with
the co-op - many employees have been with the Co-op for several years - and you have
solutions, growth, dedication and teamwork. Co-operatives provide education and
training for managers and employees so they can contribute effectively to the development
of their co-operative.
Pride in the Co-operative Retailing
System: the system employs thousands of people within FCL and at
the retail co-operatives, to serve over 1,250,000 members in western Canada. Co-operatives serve their
members most effectively and strengthen the co-operative movement by working together
through local, regional, and national associations.
Your co-operative provides employment for local residents
and offers them competitive salaries and benefit programs. Co-op employees, together with
their families, rent or purchase homes in the community, purchase automobiles, pay taxes,
and use community services and facilities. As a general rule, every dollar paid to a
Co-op
employee as wages generates another dollar of economic activity within the community.
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Community Involvement:
The Wetaskiwin Co-op recognizes its social responsibility to help improve the
quality of life in the Wetaskiwin community. It has a visible
presence and sustainable commitment to the members and community it serves. It
support local 4-H clubs, sponsors
local community events,
and provides assistance to charitable organizations.
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How to
Become a
Member |
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Anyone can apply for Co-op membership. Next time you visit the
Country Junction store in Wetaskiwin, fill out a membership form and pay the fee of
$10.00. That's all there is to it. You get a membership number and every time
you shop for anything you give your membership number. Your equity builds with each
purchase you make. You get an annual equity statement. There are no other fees
associated with membership and your membership lasts a lifetime.
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What is the
Co-operative Retailing System? |
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 Wetaskiwin Co-op is part of the Co-operative
Retailing System, a unique multi-billion dollar enterprise in Western
Canada, composed of 269 autonomous retail co-operatives and their branches -
all owned by the members they serve. Together these retail
co-operatives own Federated Co-operatives Limited (FCL), a wholesaling,
manufacturing, procurement, and refining co-operative. Today these
retail co-operatives have facilities in about 550 locations across the west,
employ more than 18,000 people and serve more than 1.2 million individual
members. Services range from: Food, Pharmacy, Hardware, Furniture and
Appliances, Family Fashions, Garden Centre, Home Centre, Building Supplies,
Gas Bar, Convenience Store, Car Wash, Agro Centre, Bulk Petroleum, Bulk and
Bag Livestock Feed,
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Retail
Operations 2006 (FCL) |
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Sales |
$5,293,725,000 |
Co-operation is a
term used
particularly for both the"
theory of life" and for a
" system of
business",
with the general sense of
" WORKING TOGETHER"
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Savings |
343,546,000 |
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Equity Repayments |
152,472,000 |
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Active Membership in
4 Provinces |
1,248,000 |
Visit the FCL Website
To obtain a membership simply visit one of the Wetaskiwin
locations and fill out an application form. It only take a few minutes.
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Co-op
Country Junction