Becoming an Owner is Simple!
Visit the Customer Service Desk to become an owner today! Simply fill out a New Owner Application, bring it to either Co-op location and choose a payment plan from the options listed below. Ownership in First Alternative is accessible to everyone!
A First Alternative Owner Share price is $70. This amount is not an annual fee, but rather the purchase of one share of co-op ownership. Should you decide to terminate your ownership, you may sell your share back to us. We will refund the equity you have paid in accordance with our bylaws and withdrawal policy.
We offer the following payment options for your convenience:
Pay for the Share in Full
A one-time payment of $70 buys your share.
Monthly Payment Plan
$20 dollars is all it takes to get your owner share started. After that, make payments of $10 per month over the next 5 months.
Low Income Plan
If you are on a very limited budget, opt to pay $10down and $5 per month for the following 12 months. (Note: Eligibility is based on Oregon Trail and WIC income guidelines.)