Products

“We love what we do and we love helping others succeed at what they love to do.”

SAVINGS PRODUCTS

It is the traditional account of every member and is through this account that members can qualify for the first loan.

Product Features
8% interest per annum
Minimum account balance of USD 100.00
No third party withdrawal
No Commission on turnover
Twice withdrawal in a month

Excellent product for individual and corporate with regular withdrawals needs on their account and require prompt access to their money.

Product Features
3% interest annually
No minimum balance
No Commission on turnover
No withdrawal charges
Ideal for salary workers and business people who do regular withdrawal
A cheque book is given
Access to overdraft

This is an interest bearing account which seeks to help parents build a future for their children and also cultivate a saving culture at an early stage.

Product Features
Annually competitive interest of 10% on the account
Zero opening balance
Regular monthly deposit

Design for customers who per the kind of work they do can make daily savings but cannot meet the minimum requirement of the credit union and again cannot walk in to credit union to make deposit.

Product Features
We convert your daily savings to monthly and yearly savings
Minimum start up is USD 50.00 which is subject to change from time to time
8 % interest per annum

This is a high yielding investment account for persons who want to contribute towards specific future projects. Let’s build a better future together.

Product Features
12% interest per annum
Minimum start up is USD 5,000.00 which is subject to change from time to time
Minimum contribution period is 3 years
Cannot be withdrawn before the agreed period
Requires a monthly deposit

Delivering to our shareholders
We understand that we earn the right to exist by providing appropriate long-term returns to our share
As our existing and prospective shareholders are providers of capital to the Bank, we are responsible for providing them with reliable, relevant and timely information to help them make informed investment decisions. Our shareholder base is diverse, including individual and institutional shareholders both locally and internationally.

LOANS PRODUCTS

Are you a government or corporate employee in need of extra cash? Whether you need to pay for school fees or buy an appliance for your home, a Goverment Worker Loan provides quick cash when you need it.

Product Features
Save 40% of the loan amount you want at a reducing balance.
Interest rate of 25.05 % per annum
1 year repayment period

Get extra quick cash to support your business, buy an appliance.

Product Features
Take a loan twice your savings at a reducing balance
Interest rate of 19.5% per annum
1 year repayment period

We loan you some money within your saving balance.

Product Features
An instant loan facility which is equal to 80% of your savings at a reducing balance
Interest rate of 6.5% per annum

This product is design for our susu contributors who need small amount of loans to support their business.

Product Features
Design for our susu contributors
4.2 % interest monthly
No Commission on turnover
6 months repayment period

Are you a corporate employee in need of extra cash? Salary Loan provides quick cash when you need it.

Product Features
Design for workers whose salaries pass through the Credit union
24% per annum
2 years repayment period

Are you working with a highly recommended company and in need of quick loan? It doesnt matter if you’re not a member yet.

Product Features
For members and non members
29% interest annually
30% deposit of the approved amount
24 months repayment period
A non-member shall need recommendation from a person of high standing in the Union or staff

Do you need quick cash for funeral or wedding events. Get an extra quick cash with flexible terms.

Product Features
All Emergency Loans @ 4% interest
Funeral Loan: 1 month
Rent Loan: 1 – 6 months
Wedding: 1 month
Goods Clearing: 1 – 6 months

Need to pay for school fees or buy an appliance for your home, a Hire Purchase Loan provides quick cash when you need it.

Product Features
We provide opportunity for our members to pick any household or office equipment of their choice from our show room.
10.2% interest annually
6 months repayment period

Are you a government or corporate employee in need of extra cash? , a Payroll Loan provides quick cash when you need it.

Product Features
National ID Card.
Two passport size pictures
36 months repayment period

Address

UK LONDON 

Work Hours
Monday to Friday: 7AM - 7PM
Weekend: 10AM - 5PM