Garden Valley Technologies is offering members the opportunity to receive 50% of their capital credit balance for the years 2004–2024 as a single payment at a discounted face value. Participation is voluntary.

Reference: A detailed letter was mailed to members on October 15, 2025 with full program information.

Important Dates

• Application Window: November 4, 2025, 8am – November 21, 2025, 5pm CST
  Apply any time during this window, there is no advantage to applying early.
  
  
• Notification Date: By December 15, 2025
  Members selected through the randomized selection will be notified by email.
  
  
• Payment Date: By January 15, 2026
  Checks will be mailed to selected applicants.
  

Key Program Details

• Random Selection, not first-come:
  Every valid application received during the window is entered into a randomized selection conducted by independent auditing firm Olsen Thielen.
  Submitting early does not improve your chances.
  
• Discounted Payment:
  Selected members receive a one-time payment of 50% of their 2004–2024 capital credit balance.
  
• Forfeiture Notice:
  Accepting payment means forfeiting the remaining 50% of the balance to the Cooperative.
  
• Program Cap:
  Total payouts are limited to $3,000,000, so not all applicants will be selected.

How to Apply

• Online Only:
  Applications are accepted exclusively at www.gvtel.com/capitalcredits.
  
• Have Your Letter Handy:
  You will need the member name and member number provided in the letter mailed on October 15, 2025.
  
• Confirmation Number:
  After you successfully submit the online application, a confirmation number will appear on-screen.
  This number will not be emailed, please write it down or take a photo for your records.
  
• Need help?
  Computers are available during normal business hours at our retail locations in Bagley, Erskine, and Thief River Falls.
  

Fraud Awareness

Protect your personal information. Garden Valley Technologies will never request additional details by email or text.

• Use only the official online application at www.gvtel.com/capitalcredits.
• If you receive suspicious communication, do not click links, reply, or share personal data.
• Contact GVT directly to report any concerns.

Click here for Frequently Asked Questions about the Discounted Capital Credit Buyout