-
Member Savings account is a financial tool aimed at helping members build financial stability and achieve savings goal. As a member of the Credit Union, you’re expected to save a minimum of GHS50 monthly.
-
Members earn attractive quarterly interest on their Member Savings account balances. Members have easy and unrestricted access to their savings. Savings balance can be used as a collateral for securing a loan. Members’ savings are secured since their savings are protected by a Deposit Protection Scheme administered by the Credit Union Association of Ghana (CUA) which provides compensation to depositors if the Credit Union is forced to go out of business.
-
A minimum savings balance of GHS100, GHS200 and GHS300 shall be maintained by individuals, clubs & associations and corporate entities respectively.
-
The savings of a single member shall not exceed 20% of the total assets of the Credit Union.
Need Any Help?
Need Any Help, Call Us 24/7 For Support