Paul Bunyan Communications is returning over $6.3 million to its members in 2022!
For current members with a distribution amount of $100 or less, a credit has been applied to your July bill. Checks have been mailed out for distributions of more than $100.
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.
“The state of our cooperative is very strong with over 28,000 active members throughout our 6,000 square mile service territory. We have been very busy building one of the largest all-fiber optic rural Gigabit networks in the country, the GigaZone, which is revolutionizing the way members live, work, and play. It is rewarding to see all those efforts continue to pay off and return these profits to our membership” said Gary Johnson, Paul Bunyan Communications CEO/General Manager.
“For over 70 years we have been providing the latest in technology at cost. There is no membership fee to join Paul Bunyan Communications and there are no annual membership dues. All you need to do is subscribe to either one line of local phone or Broadband Internet service and you become a member. You get the latest in technology backed up by our talented team of over 150 local employees that all live and work here” added Dave Schultz, Paul Bunyan Communications Chief Financial Officer.
“In a highly competitive industry with national competitors our cooperative has been successful because we put our region and our members first. We don’t have to worry about customers all over the place like in Sioux Falls, Fargo, Minneapolis, or anywhere else. Our investments go here, back into our network, our services, and our communities.” added Brian Bissonette, Paul Bunyan Communications Marketing Supervisor.
If you were a member of the cooperative in 2003 and/or 2021 and accrued more than $10 in total capital credit allocations, but do not receive the credit on your account or a check by July 22, please contact Paul Bunyan Communications at (218) 444-1234 or (218) 999-1234.