Savings

  • Set up a means whereby you can save with security on a regular basis.
  • Form this fund of savings to provide loans for each other.

 

Regular savings is an important aspect of Credit Unions. Credit Unions look favourably on members who have a good savings history when considering loan applications. Remember, when you save with the Credit Union, you receive a dividend on your savings.

 

Piggy Bank 3

Dividend Rates

2005: Dividend 3% paid on savings
2006: Dividend 3% paid on savings

2007: Dividend 3% paid on savings
2008: Dividend 2.5% paid on savings
2009: Dividend 2.5% paid on savings
2010: Dividend 1% paid on savings