Our cooperative society takes pride in offering a range of membership tiers designed to meet the diverse financial needs and aspirations of our members. Each tier comes with its own set of benefits and features, ensuring that members can choose the option that best aligns with their savings goals. Let’s delve deeper into the specifics of each tier:
Tier 1 is the entry-level membership tier designed for members looking to start their savings journey with a modest Monthly Savings. With a competitive interest rate of 5% per annum, members in this tier can benefit from steady growth on their savings while having the flexibility to access loans with reasonable repayment terms.
Tier 2 is ideal for members who are ready to increase their savings commitment. With a higher minimum Monthly Savings requirement, members in this tier can enjoy the same attractive interest rate of 5% per annum and access to a range of financial services tailored to help them achieve their financial goals.
Tier 3 represents a significant step up in savings commitment, catering to members who are looking to accelerate their wealth accumulation. With a minimum Monthly Savings of #50,000, members in this tier can continue to benefit from the competitive interest rate of 5% per annum and access to tailored financial solutions to support their financial objectives.
Tier 4, also known as the Premium Account, represents the pinnacle of membership in our cooperative society. With a minimum Monthly Savings of #250,000, premium members enjoy exclusive benefits such as a special goody bag from the cooperative and the opportunity to qualify for up to 3 times the balance of their savings account, subject to fund availability and a strong savings record. While the interest rate for Tier 4 is 2% per annum, premium members can leverage their membership to access premium financial services and support tailored to their specific needs.
With these four membership tiers, our cooperative society aims to provide a comprehensive range of options for members at various stages of their financial journey. Whether you are starting small or aiming for premium benefits and higher returns, we invite you to explore our membership tiers and discover the right fit for your financial aspirations. Join us today and embark on a path towards financial security and growth.
