Get the free Capital Credit Retirement Request - Burke-Divide Electric Cooperative - bdec
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9549 Hwy 5 P.O. Box 6 Columbus, ND 58727 ×701× 9396671 www.bdec.coop REQUEST FOR PAYMENT OF CAPITAL CREDITS TO ESTATE OF DECEDENT, being duly sworn, on oath and says: 1. That I am the duly appointed
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How to fill out capital credit retirement request
To fill out a capital credit retirement request, follow these steps:
01
Obtain the necessary form: Contact your financial institution or credit union to request the specific form for capital credit retirement. They will provide you with the required documents.
02
Personal Information: Fill in your personal information accurately. This may include your full name, address, contact details, and any other information required by the form.
03
Membership Details: Provide your membership information, such as your membership number or account number associated with the capital credits.
04
Calculation of Capital Credits: Calculate the total amount of capital credits you wish to retire. This information can typically be found on your account statements or by contacting the financial institution.
05
Request Amount: Indicate the specific amount of capital credits you want to retire on the form. This could be a partial or full retirement depending on your preference.
06
Method of Payment: Specify your preferred method of payment for the retired capital credits. This may include options such as a check, direct deposit, or credit towards your account balance.
07
Signature: Sign and date the request form to indicate your consent for the retirement of capital credits.
Who needs capital credit retirement request?
Individuals who have earned capital credits from a financial institution or credit union may need to submit a capital credit retirement request. This request is typically made when the individual wants to redeem or receive the accumulated capital credits they have earned over a period of time.
It is important to note that the eligibility and requirements for capital credit retirement may vary depending on the financial institution's policies and the specific terms of the credit union. Therefore, it is advisable to consult with the respective financial institution or credit union to understand their specific guidelines and procedures for capital credit retirement.
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