Invest

An investment in your co-op is an investment in your community.

cover google map East 7th

The site for our third store is in East St. Paul.

Member-owner loans are the foundation of co-op financing. They demonstrate the co-op’s success, provide equity, and will be essential for securing financing to purchase land and build a new store.

To finance this $8.64 million project, we will need to secure $1 million in member-owner loans and C stock purchases.

Any active Mississippi Market member-owner who is a resident of Minnesota may participate. As with any financial decision, there are risks and benefits you will want to evaluate.

Traditional Loans
Minimum loan of $1,000
Interest rates vary based on terms of 3-6 years, from 3.25-6.5%
Annual interest pay outs
Loans are unsecured and subordinated
No additional voting power

Class C Stock
Minimum stock purchase of 1 share, which is $500
Dividends determined annually by Board, expected to be 4%
Stock held for minimum of 5 years
No additional voting power

Information sessions - Hear about our loan and stock options in person & enjoy some snacks!

For more information, including terms, interest rates, risks and benefits, contact us, pick up an investment packet in the stores, or call 651-310-9470.

Questions?

Note: All loans (not Class C stock) will be held in an escrow account.  Should the project on 740 East 7th Street fail to proceed by September 2015, money and interest will be repaid.