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Member Investment Program graphic introduction

Coastal Electric's Member Investment Program is a Simple Investment with Great Returns

The Member Investment Program is a program that provides you the opportunity to invest in the strength of your local electric cooperative. Investing with CEC will pay you a rate of return on standard and jumbo investments that will typically be greater than those paid on Certificate of Deposit (CD’s) and money market accounts.

Program Details

  • Open to any Member of the Cooperative and resident of SC

  • Minimum Investment of $5,000

  • Additional Investment may be made in increments of $1,000

  • Interest is compounded daily

  • Interest rates will be subject to change daily

  • Interest is paid when maturity date is reached

For more information, call 843-538-5700

Why Invest With Us?

CEC is a customer-owned electric distribution cooperative. We are established to provide at-cost electric service, governed by a board of directors whom are elected by the membership. Reliably serving the residents of Colleton, Bamberg & Dorchester Counties since 1940, today we have over 1,746 miles of electric distribution line, serving over 12,046 electric accounts. It is our commitment to community and focus on excellence that makes us a solid choice for your investment.

Dedicated

Committed

Solid

Proven

Strength

Community

Integrity

Reliable

Call us at 843-538-5700 to discuss investing

INVESTMENTS ARE EVIDENCED BY UNSECURED PROMISSORY NOTES ISSUED BY THE COOPERATIVE. THIS IS NOT INSURED BY FDIC OR ANY OTHER FEDERAL OR STATE AGENCY. THERE IS A PENALTY FOR EARLY WITHDRAWAL OF THE PRINCIPAL. CURRENT RATES ARE <$99,999 = 6.00%  AND JUMBO (>$100,000) = 6.50%