The 7-member Board of Directors of Farmers Mutual Telephone Company meets on a monthly basis to discuss the many aspects of the telecommunications industry. A Director is elected by all members of the cooperative to serve for a term of three years.
Gerald Stensrud,Vice President and Dean Olson
This district shall comprise all members located within the service area of this Cooperative in the townships of Baxter, Riverside, Cerro Gordo, Madison, Lac qui Parle, North Lac qui Parle, Hantho, North Hantho and the south two tiers of sections of Lake Shore, in Lac qui Parle County, Minnesota. Two directors shall be elected from this district in accordance with the bylaws.
Michael Sorenson and John Plathe, Secretary
This district shall comprise all members located within the service area of this Cooperative in the Townships of North Agassiz, Agassiz, Perry, North Lake Shore, the north 24 sections of Lake Shore and the Villages of Louisburg and Bellingham, in Lac qui Parle County, Minnesota. Two directors shall be elected from this district in accordance with the bylaws.
Scott Wittnebel, President and Troy Hoyles
This district shall comprise all members located within the service area of this Cooperative in the townships of Yellowbank, North Yellowbank, Walter, parts of the townships of Augusta and Arena lying north of Highway 40 and all of the Villages of Nassau and Marietta, in Lac qui Parle County, Minnesota, the townships of Alban and Vernon and the north four tiers of sections of the township of Adams in Grant County, South Dakota. Two directors shall be elected from this district in accordance with the bylaws.
This district shall comprise all members located within the service area of this Cooperative, in all parts of the townships of Augusta and Arena, lying south of Highway 40 except for the Village of Marietta, the townships of Mehurin, Garfield, Manfred and Freeland in Lac qui Parle County, Minnesota and the south two tiers of sections of township of Adams, Grant County, South Dakota and the township of Antelope Valley, Deuel County, South Dakota.
As a local telephone subscriber, you are automatically a member/owner of Farmers Mutual Telephone Company. Your cooperative’s mission is to provide the best communication services at a fair price; offering people choices to be successful and enhance their quality of life.
Easy to join; there is nothing you need to do other than sign up and use communication services provided by Farmers Mutual Telephone Company. As a local telephone subscriber, you are automatically an owner in a great company!
Each year you will receive a Capital Credit Account Statement highlighting your capital credits that have been allocated. The balance on your statement is yours and over time this money will be paid to you! The Board of Directors determines the schedule for returning capital credits.
Once the operating costs and reinvestments in your cooperative have been met, the Farmers Mutual Telephone Company Board of Directors allocates the remaining money to the members in the form of “Capital Credits.” The amount allocated varies year to year.
Farmers Rewards FAQ
The amount returned is based on how much business you do with the cooperative. The more services you use in a given year and the more long-distance calls you place, makes your share of the profit greater.
In order to operate the business, capital credits remain with the cooperative for a certain amount of time before they are returned to the members. Rural cooperatives, like any other business, must have the money on hand to provide current operating funds and to invest in facilities and new technology. The members have agreed through the cooperative's Bylaws to use the margins to stabilize operations for the cooperative. The Bylaws also stipulate the refund of capital credits based on the financial condition of the cooperative as determined by the Board of Directors.
Big name telephone companies have a main goal to make money. That’s why most of it ends up in their pockets and not in yours! On the other hand, Farmers is a Cooperative, which means that our customers are members and "owners" of the company. Surplus dollars are refunded to you when approved by the Board of Directors. Take a look at the amount of business you do with Farmers Mutual Telephone Company. How much are you spending with other companies? Is the other company really giving you a better deal?
301 2nd St. South, Bellingham, MN 56212
(320) 568-2105 or Toll free 1 (800) 692-0021
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