SAVINGS PRODUCTS

Ordinary Deposits account

  • Minimum monthly contribution of kshs 2000
  • Minimum share capital 20,000
  • Yearly returns through interest on deposits and dividend on share capital
  • Withdrawal is made on 60 days’ notice

Shewisa Account

  • Minimum monthly contribution of kshs500
  • Interest is credited at the end of every financial year at prevailing market rates on savings account
  • No withdrawal notice

Childa account

 

  • Minimum contribution of kshs 300
  • Interest is credited at the end of every financial year at prevailing market rates on savings account
  • Birthday cards/presents
  • Free banker’s cheque for School fees
  • Organized and subsidized annual party for account holder

BURIAL BENEVOLENT FUND

 

  • This is a compulsory monthly contribution of kshs 200 by all members
  • The fund covers the member, spouse and four children up to the age of 25 years
  • Upon death the contributor or spouse is paid kshs 50, 000 while a child or single nominee is paid kshs 40,000
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