Saving Accounts

Once you become a member of The Communal Co-operative Credit Union Ltd, a regular savings account is automatically made available to you. This account can be used for everyday transactions and collateral for loans.

The account earns interest, which is paid quarterly to help your money grow faster. There is no minimum balance requirement, and your savings are insured up to $13,500.00 at no extra cost to you.

Fixed deposits enjoy high rates of interest. Deposits are for one (1) year, with a minimum of $ 1,000.00. 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!

Shares are the foundation of the Credit Union and constitute a major portion of our institutional capital. To obtain membership and to have access to a wide range of products, services and benefits a minimum of 60 shares must be purchased at the cost of $5.00 each.

Shares earn dividends which are paid annually. The more shares you purchase, the more you contribute to the growth of The Communal, and the greater your dividends.