Savings Accounts Overview

Account

Minimum Required Amount

Interest Rate

First Choice Savings

$10.00 2.5%

Growth Savings

$10.00 2.5%

Future Savings

$5.00 2.5%

12 Month Savings

$10.00 2.75%

Christmas Savings

$10.00 2.75%

#MyGoals

$10.00 2.75%

Special Notes: The growth savings is a product that is usually attached as a savings component to loans. A portion of the repayment amount is allocated to the member’s savings account and the funds on this account should not be withdrawn until the loan is fully repaid. It is used with the intention to encourage members to save as they are usually surprised at the amount of money they have accumulated at the end of the loan.