Coop Israel’s $38 Million Cashout: What You Need to Know!

15,000 members to receive share of liquidated assets from Israel’s largest cooperative

The Coop Israel, a large consumer cooperative in Israel, was founded in 1950 and is based in Jerusalem. After five years of paying off debts, the cooperative has $38 million remaining in its coffers. This amount will be evenly divided among its 15,403 members, with a 15% tax deduction. Members can begin receiving their share on March 26 by visiting an Israel Post office, presenting their documents and collecting approximately $1,200 gross each from the remaining funds.

For more information on the liquidation process and other products being advertised, members can contact the hotline at 03-6555700. The cooperative’s liquidation marks the end of its history as it is no longer operating. However, various products are still being marketed such as a Bahco ratchet screwdriver, a top ten list of hand irons and CO2 meters for aquariums. Other items include Faxon firearms, Facom tool kits and online casinos that accept PayPal. Additionally, there are top ten lists for travel bags, muzzle loaders and beach towels. True Fortune Casino and PayPal withdrawal methods are also mentioned in the content.

Sophia Reynolds

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