Victory Electric deposit bonds.
From $100. Keep your cash.
When Victory Electric Cooperative Association — the member-owned electric cooperative headquartered in Dodge City that serves Ford and Gray counties and parts of seven surrounding southwest Kansas counties — asks a member to post a deposit to establish or maintain service, you can post a surety bond instead of tying up cash on a residential or commercial account. Pricing is 2% of the bond amount, $100 minimum, and the application collects no credit information. Enter the deposit amount Victory Electric set on your account and your exact price appears at the application.
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Apply to filed in one sitting.
No underwriting queue for the standard deposit bond — enter your amount, pay, and file with Victory Electric. Here is the whole thing:
Apply online
Your account details, the deposit amount Victory Electric required, and the effective date — that is the entire application.
Issued on the spot
The application collects no credit information, and most applications approve and issue instantly on payment. Larger amounts may get a quick review.
File with Victory Electric
Submit the executed bond to Victory Electric Cooperative in place of your cash deposit. Wet-ink originals mailed on request; plan to renew the bond annually.
What it is and who needs it.
What the deposit bond actually does
Victory Electric Cooperative Association is a member-owned, not-for-profit electric cooperative headquartered in Dodge City, Kansas, serving Ford and Gray counties and parts of Kiowa, Edwards, Hodgeman, Finney, Haskell, Meade, and Clark counties. Like many Kansas rural electric cooperatives, its member-service terms — including deposit requirements — are set under its own Board-approved policies rather than through a rate case before the Kansas Corporation Commission.
Victory Electric can ask a new or existing member to post a deposit to establish or continue service — for example, a new business location with no prior usage history, or a residential account without an established payment record. Rather than leave that cash sitting with the cooperative, its policies accept a surety bond as an alternative to the cash deposit on residential and commercial accounts. You post a bond for the deposit amount and pay a premium instead; the bond guarantees payment of your Victory Electric charges up to the bonded amount, and must be renewed annually to stay in force.
It is not insurance for you — if the surety pays Victory Electric, you repay the surety. The advantage is cash flow: you keep the deposit amount working for you rather than tied up with the cooperative. Enter the deposit amount Victory Electric set on your account and get your price, from a $100 minimum, at the application.
You need this bond if you are
One application, issued on the spot.
Submit the application with the deposit amount Victory Electric required — the executed bond is generated instantly, ready to file in place of cash.
Start the application →Common questions.
Other Kansas bonds.
Keep your deposit working.
Pricing from $100. Post a bond instead of cash with Victory Electric the same day.