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Our Path to Descendant Enrollment

Descendant enrollment has long been part of our plan for the future, and it was recently solidified in our long-term strategic plan. BBNC’s board has approved a plan to have a shareholder vote at the 2025 BBNC annual meeting to expand enrollment to the descendants of original BBNC shareholders and issue them new shares in our corporation. This effort is a direct outcome of our strategic planning and is focused on the growth, health, and viability of BBNC. 

We’ve listened and learned.

We’ve been talking to shareholders across our communities—through surveys, small focus group discussions, and in day-to-day engagement on the ground. We’ve made it our priority to deeply understand how people view and think about descendant enrollment. We learned that people value benefits such as dividend payments, employment, and job training as well as their ties to the region, culture, and tradition.

Now is the time.

Descendant enrollment achieves many things, among them allowing newly engaged shareholders to become involved with our corporation in new and meaningful ways. Furthermore, it provides a way to connect a new generation with our culture and values. And it’s a practical way to address the implications that come with an aging base of original shareholders.

The support is here.

Descendant enrollment has long been part of our plan for the future, and it was recently solidified in our long-term strategic plan. More than 70% of our shareholders indicate support for opening enrollment to shareholder descendants.

photo Support has grown considerably over the past decade.

The survey also showed that 81% of BBNC shareholders feel positively about the corporation, and 75% feel BBNC is heading in the right direction – we want to thank you for your ongoing trust and support.

WE ARE BBNC

Shareholders are the foundation of our corporation. Our growth depends on you.

To contact us about Descendant Enrollment, email info@bbnc.net.

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