Our Savings Products Print
savings
Savings/Deposit Account:
Apart from shares, each member is required to establish a regular Savings Account from which he/she can withdraw and deposit at will. Interest in calculated monthly but paid to your account on a quarterly basis.
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Fixed Deposit Facility:
Our Rates are highly competitive. Rates are fixed with time and not on volume. A minimum amount of One thousand dollars ($1000.00) is accepted. Rate ranges for period of 1 – 5 years. Longer periods negotiable.
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Special Savings:
An option to borrowings: you can save towards that special occasion. Prepare for an event financially in advance. Period can be six to eighteen months.
Communal Gold:
A medium to long term savings plan for your special purpose. Its term can vary from two to five years minimum goal must be two thousand dollars ($2000.00)
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SuSu $$ Savings Plan:
is designed to encourage faster savings.
The target groups are: daily paid and self employed persons. e.g Market vendors, fish vendors, tourist vendors & construction workers etc. any other category of workers wishing to participate.
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Shares:
shares are at a par value of Five ($5.00) each. A person must have the equivalent of twenty (40) shares to qualify for membership and its benefits Dividend is paid on shares on an annual basis.
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Piggy Savings:
Teach your child to save. Every time they receive money, let them put some in the piggy bank. When the piggy bank is full, bring it to the Communal Co-op, Credit Union, to their Piggy Savings Account.
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Life Savings Insurance

The existing plan provides benefits to the beneficiary of a deceased member.  It covers all types of savings accounts.  In addition, the Life Savings Insurance Plan carries an accidental death and dismemberment coverage