Central Co-op is independent, democratic, and community-owned, and anyone can join!
Cooperative Principle 1: Voluntary and Open Membership
Consumer and worker shares are an equity investment that helps us purchase inventory and equipment, finance operations, and minimize outside debt. Owners also support the Co-op by shopping and working here, and by participating in the Co-op's democratic processes, like voting in our Elections or serving on our Board.
Cooperative Principle 3: Member Economic Participation
Buying a Consumer Share
One consumer share of Central Co-op costs $100, and can be purchased all at once or in small installments.
Join in-store: You can become a consumer owner at the Central Services desk or at the checkstands by paying all $100 at once, or in small installments.
Join online: Pay $100 through Paypal by filling out our online form, and we will mail you your consumer owner information. Once we receive notification from Paypal of your payment, a human will create your account in 1-2 business days.
Ready to co-own a community-powered grocery? Fantastic! Read over the Ownership Agreement, and if you agree to the terms, click the I Agree button. You'll be taken to Paypal where you can enter your account and payment information. It's OK if you don't have a Paypal account--you can still pay with a credit card or debit/credit card.
Only consumer shares are available online. Worker shares are available to eligible workers.
The equity that owners invest in the Co-op is refundable at any point in time regardless of whether you have paid in full. However, the Board of Trustees does retain the right to withhold equity refunds when necessary to protect Central Co-op's financial viability. Also, equity will not be refunded to an owner that has outstanding debts to the co-op that exceeds or matches the amount of equity invested in the co-op. As with any investment, there is risk involved.
I agree to abide by the principles, terms, and policies of Central Co-op. I understand that my membership is not transferable.