2019 President’s Report

Posted on Jun 06 2020 in Heartland REMC
Joh Smith
Board President, Heartland REMC

Heartland REMC continues to grow and maintain a strong financial position. In 2019, this financial strength allowed the board of directors to approve and pay out members’ capital credits up to a 30-year rotation. 

This strong financial position also brought about the board’s approval of the high-speed broadband internet project in 2019. The groundwork and construction for the broadband internet project was started in the first quarter of 2020. Also, in the first quarter of 2020, the COVID-19 virus arrived in the United States. The COVID-19 virus has changed how each of us will live and work in the future. 

As a co-op, Heartland REMC and its Board of directors are committed to our members’ and communities’ needs while continuing to take all precautions necessary to keep our members, employees, and contractors safe. The Heartland REMC board of directors will continue to govern with sound financial policies that will promote quality personal service and dependable electricity.