1 2 3 Abandoned Capital Credits4 4
Filer Mutual is pleased to announce the launch of gigabit speed internet! This will be available to many of our customers on Sept. 1st, 2016. Those customers that have been upgraded to our fiber optic network can now take advantage of the fastest internet in the valley. With more and more consumers using Smart Home technology, video streaming, Smart TV’s, tablets, cell phones and gaming devices, (an average of 7.8 per household) - the demand for higher bandwidth has increased dramatically. We are proud to be able to meet this need of our customers. Filer Mutual – connecting our community to the world!
Filer Mutual is a member – owned cooperative. We are a business organization owned and operated by a group of individuals (our members) for their mutual benefit. We have a Board of Directors that provides the direction for management to meet the needs of you, our members. As a not for profit cooperative, Filer Mutual is owned by the members who use our services. When you pay your telephone/internet bill each month, you are building equity in your cooperative, based on your usage. This is referred to as a capital credits allocation. At the Board’s discretion and as the financial condition of the co-op allows, capital credits are periodically retired and returned to co-op member-owners. Each co-op member is assigned an individual capital credits account, separate from their billing account. Whenever funds are allocated to your capital credits account, your equity in the co-op increases.

Capital Credits are retired when the Board of Directors determines that it is in the best interest of the cooperative to do so. The Board of Directors has a responsibility to ensure the viability of the cooperative and make sure that the cooperative has enough reserves to meet future needs.

We hope that this will help you to understand the value of being a cooperative member. Thank you for supporting us, your local telecommunications cooperative! Please call us if you have any questions, we are here for you!
Filer Mutual would like to congratulate the 2016 scholarship winners.

Auguste Curtis - Awarded a $1000 scholarship
Abigail Kohntopp - Awarded a $1000 scholarship
Camronn Hale - Awarded a $1000 scholarship

We wish our graduates the best in all their future endeavors!
Notice to all current and former Filer Mutual Telephone members: You may have abandoned capital credits. Please click the link to the right to see if your name appears on the list. Procedures for claiming abandoned capital credits can be found by clicking the "Abandoned Capital Credits Policy" link to the right. Retired Capital Credits are considered abandoned if the Capital Credit check is returned to Filer Mutual after being mailed to the address in the Member file. Retired Capital Credits are also considered abandoned if the check used for payment of the Capital Credits was not cashed within 90 days after the check was written. You can also stop by our office at 400 Main Street, Filer, ID to view the list.