Paul Bunyan Communications Returns over $3.6 million to Members
Paul Bunyan Communications is returning over $3.6 million to its members!
Paul Bunyan Communications is a not-for-profit company that strives to provide the highest quality service at the most affordable rates. As a cooperative, membership in Paul Bunyan Communications includes the opportunity to share in the financial success of the company. When profits are earned, they are allocated to the members based on their proportional share of the allocable revenues. These allocations may then be returned to the individual members through capital credit retirements.
For current members with a distribution amount of $150 or less, a credit has been applied to their August bill. Checks have been mailed out for distributions of more than $150.
“Our cooperative continues to grow and thrive, now serving over 35,000 active members across over a 6,000-square-mile service area. Through steady investment and expansion, we’ve built one of the nation’s largest rural all-fiber Gigabit networks, the GigaZone®, transforming how our members live, work, and play. It’s incredibly rewarding to see that success come full circle as we share the benefits with our members.” said Chad Bullock, Paul Bunyan Communications CEO/General Manager.
“For more than 70 years, we’ve delivered the latest technology at cost to our members. Becoming a member of Paul Bunyan Communications is simple—no fees, no annual dues. Just sign up for a local phone line or GigaZone® Broadband Internet service and you’re a member. You’ll get access to state-of-the-art technology, backed by a team of over 160 local employees who live and work right here in the communities we serve..” added Craig Boyer, Paul Bunyan Communications Chief Financial Officer.
“In a highly competitive industry filled with national providers, our cooperative stands out by putting our members and region first. We’re focused entirely on serving the communities of northern Minnesota—not customers in Sioux Falls, Fargo, or Minneapolis. We invest locally, strengthening our network, improving our services, and supporting the communities we call home” added Brian Bissonette, Paul Bunyan Communications Marketing Supervisor.
If you were a member of the cooperative in 2003 and/or 2024 and accrued more than $10 in total capital credit allocations, but do not receive the credit on your account or a check by September 1, please contact Paul Bunyan Communications at (218) 444-1234 or (218) 999-1234.
Past performance is no guarantee of future capital credit returns. Some restrictions may apply.