ANOTHER successful trading year has seen the directors of TAFCO Rural Supplies issue a five per cent dividend on shares and a five per cent rebate on members' 12 months trading to March 31, 2022.
The Myrtleford–based community co–operative will provide just over $338,000 back to members as a credit on their account this month, taking its return to members and the community to more than $4 million since its formation in 1987 to service tobacco and other farmers of the region.
TACFO general manager Rupert Shaw said the co–operative continues to grow with new members joining each year.
"Anyone who trades is eligible to be a member," he said.
"It's not just the farming community who benefit from membership.
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"If you shop at TAFCO for pet food, garden supplies or even just salami making supplies, you should consider joining as a member – it's open to anyone in the community who purchases goods.
"We work on fair competitive pricing and return profits back to members through rebates on trading and dividend on shareholding, with the emphasis on rewarding members on their trade.
"Truly local – every purchase you make at TAFCO is supporting a locally owned business with 700 shareholder members, employing and training local people and returning profits back to members."
Community membership has just been launched which works similarly to loyalty clubs offered by some businesses – but if you join TAFCO you become a member of the co–operative.
"TAFCO is about our members and the community, this year we have continued to support Into Our Hands Community Foundation and GROW Myrtleford+ the local philanthropic trust," said TAFCO chairman Lachlan Campbell.
"Members have the opportunity to make a tax deductible donation from their TAFCO rebate/dividend directly to the foundation."
TAFCO also operates the successful Myrtleford Farmers Market held on the fourth Saturday of the month in the Myrtleford Piazza and also manage a series of local online weather stations giving the region access to real time local weather.
