ATMC Issues $1.5 Million in Capital Credit Refunds
Over 32,000 to benefit from the disbursement of funds.
Shallotte, NC – The ATMC Board of Directors announced that the cooperative has issued $1.5 million in Capital Credit refunds to 32,400 current and former cooperative members who had telephone and/or cable TV service in 1998 and/or 2017. “ATMC is proud to be able to give back to so many of our members through Capital Credit refunds,” said Keith Holden, ATMC CEO. He added, “Because of the support of our members, ATMC is a healthy company. As a cooperative, being able to return our profits to our members is just one of many ways we say ‘thank you’ for their patronage.”
Unlike other communications providers serving Brunswick County, ATMC is a membership cooperative, and portions of revenues not used for expenses are refunded to members, through Capital Credits. This year’s allocation is part of over $47 million in Capital Credit refunds issued since ATMC’s inception.
All Capital Credit checks will be mailed out by September 17th. Only members who had telephone or cable service in 1998 and/or 2017 will receive a Capital Credit refund. Members due a disbursement of less than $20 will see it applied as a credit to their billing statement, members with a disbursement of $20 or more will receive a check. If you meet eligibility requirements and you have not received your refund by October 15th, please call 910-755-1609.
ATMC is a member-owned cooperative providing a multitude of communications services, including telephone, business systems, wireless, Internet/Broadband, cable television service, and ATMC Security, in Brunswick and Columbus Counties in southeastern North Carolina. ATMC is the largest telephone cooperative in North Carolina and one of the largest in the country. For more information on ATMC products and services, visit atmc.com.
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