How much does ownership cost?
You can become an owner of the Basics Cooperative for $150. This is a one-time cost (not an annual fee) and represents your investment in the Co-op. If you decide you do not want to be an owner anymore, the Co-op will refund your ownership fee (subject to some limitations in Bylaws — see above). If you prefer paying the ownership fee all at once, you may pay over time, but you must pay at least $30 each year, and Basics will charge $5 service fee each time you make a payment (after your first payment) to help defray the administrative costs. After the $150 is paid (plus any service fees) you are fully vested and there are not any more payments.
