Customers of Cloverland Electric Cooperative who purchased electricity in 1988,1989, and 2007 will share in the distribution of a $650,000 capital credit retirement to co-op members.

If a member's share in this retirement is less than $50, the capital credit refund appears as a credit on the current billing statement. If the amount exceeds $50 or the account is inactive, a capital

credit check will arrive in the member's mailbox before Thanksgiving, according to the company.

Cloverland's board of directors authorized the distribution October 30.

The cooperative is owned by those who use its services. As a not-for-profit utility, it assigns any money collected beyond the cost of operations to each member's capital credit account, and returns it over time.