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Last updated on April 23, 2014 at 20:10 EDT

Latest Cooperative Stories

2014-02-20 20:20:16

ST. LOUIS, Feb. 20, 2014 /PRNewswire/ -- Last year, Enterprise Car Sales generated a record $435 million in auto loans for credit unions throughout the U.S. This marks an increase of more than 12 percent over 2012 loan volume, with more than 26,000 loans offered through Enterprise's credit union partners last year. http://photos.prnewswire.com/prnvar/20131021/CG00969LOGO The relationship between Enterprise Car Sales and credit unions has helped credit union members purchase quality...

2014-02-14 12:21:11

RALEIGH, N.C., Feb. 14, 2014 /PRNewswire-USNewswire/ -- North Carolina's electric cooperatives are down to 2,900 outages caused by the winter storm. The largest number of outages remains in Columbus County with 1,160 customers without power. Bladen County has 710 outages and Brunswick County has approximately 600 outages. The remaining outages are scattered throughout the southeastern part of the state. In the event of an outage, an alternate heating source--such as a fireplace,...

2014-02-13 20:21:00

RALEIGH, N.C., Feb. 13, 2014 /PRNewswire-USNewswire/ -- North Carolina's electric cooperatives' crews have worked tirelessly to restore outages resulting from winter weather. Outages now stand at 8,900, down from 20,600 earlier today. The majority of the remaining outages are located in Columbus, Pender and Bladen counties, the result of broken poles, downed wires and branches on power lines. The cooperatives appreciate the patience being shown by their members. Cooperative crews...

2014-02-13 16:23:17

RALEIGH, N.C., Feb. 13, 2014 /PRNewswire-USNewswire/ -- North Carolina's electric cooperatives are working to restore power to 20,600 members without electricity as a result of the winter weather. The numbers are up approximately 29 percent over this morning's report of 16,000 outages. In ice storms, outages often get worse after improving as ice-laden tree branches thaw, spring up and come back into contact with power lines. In the Sandhills, heavy wet snow on branches and power...

2014-02-13 12:22:05

RALEIGH, N.C., Feb. 13, 2014 /PRNewswire-USNewswire/ -- North Carolina's electric cooperatives are reporting fewer than 16,000 outages. Crews are working to restore those outages as quickly as possible. Power restoration procedures aim to bring power to large numbers of people first. The process begins with ensuring transmission towers and lines are working properly. Then local distribution substations are checked and repaired as necessary. If a problem can be corrected at the...

2014-02-12 16:22:04

RALEIGH, N.C., Feb. 12, 2014 /PRNewswire-USNewswire/ -- North Carolina's electric cooperatives are reporting 20,000 outages, all in the southeastern portion of the state. About 18,000 of those outages are located in Brunswick County. Accumulations of ice and snow could lead to outages in other areas as the storm continues to make its way across the state. Ice accumulation is the greatest concern, as it can weigh down power lines and snap tree limbs, causing power outages. In the...

2014-02-12 12:24:53

Crews from state's 26 electric cooperatives ready to address potential outages RALEIGH, N.C., Feb. 12, 2014 /PRNewswire-USNewswire/ -- North Carolina's 26 electric cooperatives are prepared for the winter storm traveling through the state today. Cooperative line crews have spent the last few days stocking up on supplies and equipment. North Carolina's electric cooperatives are winter-storm-ready, with crews on standby across the state to restore electricity if the predicted winter...

2014-02-11 12:22:20

RALEIGH, N.C., Feb. 11, 2014 /PRNewswire-USNewswire/ -- North Carolina's electric cooperatives continue to monitor weather conditions and encourage members to be prepared in case winter weather causes power outages in the coming days. Now is the time to take precautions to ensure that you and your family stay warm and safe in the days ahead. The American Red Cross recommends making an emergency preparedness kit that includes water, nonperishable food, flashlights, a battery-powered...

2014-02-10 16:23:34

TUCKER, Ga., Feb. 10, 2014 /PRNewswire/ -- The electric membership corporations (EMCs) in Georgia are bracing for the probability of a second significant winter storm this season. Georgia Transmission Corporation and Georgia Electric Membership Corporation have activated their Disaster Response Center today and are on stand-by to respond quickly to any outages from the anticipated snow/ice storm. Officials are closely monitoring weather conditions and have a variety of contingency plans in...

2014-02-10 16:23:13

ST. PAUL, Minn., Feb. 10, 2014 /PRNewswire/ -- Farmers, ranchers and cooperatives across the United States will share in an estimated $433 million cash distribution from CHS Inc. (NASDAQ: CHSCP), an energy, grains and foods company and the nation's leading agricultural co-op. The distribution is the second largest in CHS history. "The ability of our owners, who are also our customers, to directly share in the financial success of CHS is a distinct advantage of being part of a...