SNB Wood Co-operative Ltd.

Are You A Member?

The SNB Wood Co-operative Limited was established in 1974 with just 19 Charter Members. Today, we’re proud to have nearly 2,000 Members (Shareholders) across the region. 

 

Unlike some co-operatives, you don’t need to be a member to do business with SNB — but being a Shareholder comes with great benefits!

 

Member Benefits

• Minimal investment — just a one-time $5.00 fee

• Share in the profits — Members benefit from annual profit distributions

• One Member, One Vote — have your say in Co-op operations and Board elections at our Annual General Meeting

• Eligibility to serve — Members can stand for election to the Board of Directors

 

How to Become a Member

1. Complete the Membership Application Form below

2. Include a one-time $5.00 membership fee

3. Applications are reviewed and approved by the Board of Directors

4. Upon acceptance, your Share Certificate will be issued

 

What Happens to Your $5.00?

Your membership fee becomes part of SNB’s equity, which grows and changes through:

• New memberships

• Profit distributions to Members (based on business activity)

• Interest paid on Loan Capital

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If you have any questions about membership or the benefits of being a Shareholder, please contact our office — we’ll be happy to help.

 

Membership Application Form