Savings Types

  • Mandatory Savings
  • Optional Savings

Core Cooperative Savings – is Mandatory for all Cooperators to make on a monthly basis to The Cooperative Pool.

Optional Savings – these are savings schemes designed to encourage cooperators achieve specific financial needs which are:

  • One -Off Savings Scheme, allows members to safely keep funds for a particular period.
  • Target Savings, allows members to make savings for a particular purpose and duration. Payments can be scheduled as daily/weekly/monthly, and can be remitted automatically or manually updated.
  • Hajj Savings Scheme (HSS), is a scheme designed for intending pilgrims, members and non-members, male or female to prepare and make Hajj Pilgrimage possible, with ease and in comfort. We have Collaborated Travel Partners who have factored all that is needed to have an awesome pilgrimage experience. Payments can be scheduled daily/weekly/monthly based on a five year projected travel cost from 2021- 2016…. Read More
  • Dependent Savings, is to enable and encourage members set aside savings for kids and wards. The savings can also be scheduled as a Daily/Weekly/Monthly savings, and can be automatically or manually updated.

All savings interest can be set and managed conveniently, via Personalized Cooperators’ Portal Accounts.

Start Savings Today….. Click here