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Bank Drafts

Caney Fork Electric Cooperative's Bank Draft program takes the work and worry out of paying your electric bill each month.


Once the member has completed the bank draft application, the cooperative then electronically deducts the amount of the electric bill from the member's bank account each month when due.


The member will continue to receive an electric bill each month marked"Memorandum Bill Do Not Pay" showing the amount deducted from their bank account.


Cooperative members on Delayed Payment Plan are not eligible for this program.

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