WEYBURN CO-OP ASSOCIATION LIMITED

MEMBER RELATIONS

Shares are sold at any of our locations and simply involves filling out an application of purchase. The initial cost of the share is $10.00 with equity building to the minimum equity balance or true share value of $100.00.

A share within the Weyburn Co-op:

• makes you a member/owner
• provides you with a membership number that will enable you to take an active role at the Annual Meeting both in establishing policies and bylaws which direct the operation of the organization and in electing the Co-op's Board of Directors.
• provides you with the advantage of accumulating equity on that membership, equity is accumulated each time you make a purchase and give your membership number. Any savings generated by the Co-op is returned to the members in proportion to their purchases, either as a cash refund or in the form of share equity.

Jerry Ponto
Member Relations Manager
office@weyburncoop.com

While the Weyburn Co-op is committed to operating efficiently in the providing of goods and services to members and their families, it also recognizes it's social responsibility to help improve the quality of life in it's community. One of the major goals and objectives of the Weyburn Co-op under the "Member Benefits Program" is building a stronger community. Year 2007 is the 10th year of operation of our "Community Deck".

The Co-op provides the deck to various community organizations to assist in their fund-raising efforts. In 2007, 31 groups, earning over $8,442 to invest back into our community, used the deck. The Co-op supplies all the equipment, signage, advertising, and food supplies up to $100.00. The organization using the deck provides workers to run the event and then keeps the profits to reinvest into community activities. Over the past 9 years local charities have earned in excess of $ 104,000 to assist with their community work.

The Weyburn Co-op is very involved in minor sports, minor hockey, curling - including the Red Wings, Weyburn Beavers, the United Way Communithon, Mini -Go programs, and the list goes on. In the past seven years the Weyburn Co-op dispensed amongst various groups and clubs for all sorts of events and touching every age group imaginable, to name just a few;

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$12,500 was donated to the Public library: $50,000 to Tatagaw, Special Care home: $50,000 to the Ag society- grand stand project: $30,000 to the Saskatchewan summer games: $16,500 to the Family place: $90,000 to the Red wings: $24,000 to the silver seals: and $21,500 to the Skating club; Scholarships to Weyburn Comp and S.E Regional College $7,000 to the Royal Bank Cup Since 2005 we have been proud to assist Weyburn Co-operative Play School in their fund raising efforts though the issuing of Co-op Kidz Kash. Through this promotion the Co-op has donated $22,000 to the playschool.

Another benefit the Co-op provides to the community is the equity repayments. Over the last 78 years we have returned over 16 million to our members, this year alone we allocated just over 1 million.

Members with equity in excess of $10,000 receive their equity in cash each year. Charitable & non-profit organizations receive all equity in excess of $500.00 in cash each year, In 2006 that resulted in more that $325,000 being paid back to these members. Seniors, over the age of 65,( which can be applied for at the administration office), are paid out each year with $100 being retained as the minimum equity, in 2006 that resulted in over $309,000 being paid back to our seniors.

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