Savings Products
Our Savings Products
Member Deposits
This is the monthly deposit made by a member against which they take loans, guarantee loans and earn interest/rebate at the end of the year.
The minimum contribution is KES 1000 per month
Share Capital
- Maximum contribution of KES 20,000
- Allows you to gain a shareholder’s certificate
- Right to vote for area representative.
- Earns yearly dividend.
- Mandatory initial contribution of ksh.2,000
- Shares not refundable but transferable
Fixed; Call/Fixed Deposit
- Minimum amount is Kshs.30,000
- Contract period is 3 months, 6 months, 9 months and 12 months.
- Competitive interest rates above market rates.
- A customer who wishes to terminate the contract before the contract period ends forfeits the interest earned.
Christmas Account
- No minimum amount
- Allows on to save throughout the year and access the money between 20th December to 20th January
Savings Account
- An account that can be used to process salaries, pension and any other payments.
- No withdrawal limits.
- Cheques can be deposited into the account for clearing.
- Withdrawals can be made via mobile banking or over the counter.
Junior Account
Account tagged under the guardian who must be a member. This account is designed for children who are between birth and 18 years