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Need a bit of extra help to meet your savings goals? The Communal has special deposit accounts designed to help you reach your goals without thinking about it. Get started today, then sit back, relax and watch your savings grow.
Fixed deposits enjoy high rates of interest. Deposits, with a minimum amount of $1,000.00, can be placed for a term of one (1) to three (3) years. The interest is paid when the deposit matures, and you have the option of reinvesting your principal and interest. Fixed deposits can also be used as security for loans. Your money is safe, and your interest is guaranteed! So, if you are looking for that sound, solid investment opportunity, visit The Communal Co-operative Credit Union Ltd. and open a Fixed Deposit today!
This account owes its existence to the heritage of our credit union movement, which started as people helping people to get a bigger “SuSu hand”. Deposits can be made weekly or monthly and a reward is earned at the end of the term ranging from four (4) weeks to forty-eight (48) weeks or one (1) month to one (1) year.
Minimum Weekly/Monthly Deposit: $25/$100
Minimum Term: 1 month/4 weeks
Maximum Term: 12 months/48 weeks
Minimum Balance: $1,000
Minimum Term: 1 year
Maximum Term: 3 years
Interest is paid annually
Communal loans are designed to meet your individual needs. Whether purchasing or consolidating, we’ve got you covered!
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The Communal Co-operative Credit Union Ltd. is a co-operative owned by our members. We focus on providing our members with outstanding value and affordable financial services.
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