Every year, Midland Power Cooperative sends out thousands of Patronage Dividend checks to its members. And every year, hundreds of these checks remain unclaimed.
To combat this, Midland Power is introducing its Check for the Check campaign, to remind its members to look for the dividend checks in their mail around the first of December.
Last year, Midland Power Cooperative issued a total of 7,546 checks to members. Of these, 187 came back unclaimed, about 2.5 percent of the total.
"Every year we try to make sure people know that we’re trying to get these dividends to them," said Communications Coordinator Abbey Sprague. "We publish a list of ‘lost members’ in our newsletter every year. But we still aren’t always able to track everyone down."
This year, Midland Power will be sending out roughly 8,755 patronage dividend checks on Nov. 27, a total of $800,000, to members who were customers in 1998 or 2012.
Members getting less than $10 will instead receive a bill credit on their account for December.
Anyone with questions regarding Midland Power’s patronage program is encouraged to call (800) 833-8876.
Midland Power Cooperative is a member-owned electric cooperative that provides electricity to homes and businesses in portions of the following counties in Iowa: Boone, Calhoun, Dallas, Franklin, Greene, Grundy, Guthrie, Hamilton, Hardin, Humboldt, Kossuth, Marshall, Pocahontas, Polk, Story, Webster, and Wright. Midland Power serves these areas from its headquarters in Jefferson and additional locations in Humboldt, Boone and Iowa Falls.