SHARE ACCOUNT

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The strength of the Credit Union is represented by its Share Capital.

Each share purchased is a contribution towards the pool of resources from which members borrow in times of need. The individual accumulation of shares increases the total wealth of the organisation.




Your shares assist you in meeting your present economic needs and are a major consideration in your eligibility for loans.
Shares are a permanent form of savings - the foundation on which you build to realise your ambitions and desires.

Benefits include

Annual dividends are credited to shares at the rate of interest as approved by the membership at the Annual General Meeting.

The use of Share Savings as collateral for loans