Golden Growers members have the option to receive their distribution payments through Direct Deposit or by paper check. One third of members continue to receive payments by check. Unfortunately, several checks are never cashed because they are lost or misplaced.
Currently, there are numerous uncashed checks from 2018 and 2019.
We work hard to make sure our members receive the money due them and to avoid sending these funds to unclaimed property agencies of the member’s state of residence. That’s why we send letters to members who have outstanding checks, follow up with phone calls, and reprint checks if necessary.
If you receive payment by check, please review your deposits to verify that you have received your payments for February and June. If not, give us a call so we can help resolve the situation.
If you want to avoid lost check problems, please sign up for Direct Deposit.
Starting in 2020 – New Policy on Reprinted Checks
The Board of Directors has approved a new policy for 2020 that will result in a $25 charge for every check that is reprinted.
This fee will be waived if the member enrolls in Direct Deposit when the request to reprint a check is received.