CCCUL Savings Accounts

Savings & deposit solutions for you

Any accomplishment in life starts with the first step. Developing a good savings habit while learning to manage your income is one’s first step to financial security. A regular savings account from Central Co-operative Credit Uniton Ltd facilitates the payment of your salary, payment of your utility bills, processing of standing orders, while allowing you to save for future goals and emergencies.

Establishing a regular savings program is an important part of your money management strategy. Whether your goal is to save for a big purchase, set up an emergency fund, or save for retirement, CCCUL offers a variety of savings products to meet your needs.

Regular Savings

Save to this account regularly as a deduction from your salary or as deposits over the counter. Save any amount which you can afford. No minimum balance is required and there are no charges to the account. Build this savings and use it as part security to your loans or as full security for character loans.

Deposit Savings

Don’t be caught off-guard. Save monthly to meet insurance and other annual payments when they fall due.

Vacation Club

This interest-bearing savings account is designed to encourage members to save for their vacation.

Christmas Club

Don’t be caught without cash at Christmas time. Save regularly from January to November and receive a lump sum interest payment to your account at the end of November. The more you save the more you receive.

Fixed Deposit

Invest In A CCCUL Fixed Deposit And Let Your Money Earn Attractive Interest Rates Today!

Fixed Deposit Rates per annum:

Amount 6 mo 12 mo 24 mo 36 mo
$1,000-50,000
1.75%
2%
2.10%
2.20%
$50,001-100,000
2.0%
2%
2.20%
2.30%
$100,001-500,000
2.0%
2.055%
2.25%
2.40%
$500,001 and above
2.0%
2.05%
2.30%
2.60%

Early Head Start Accounts

Interest is paid monthly to this account

Opening a savings account in your children’s name can help them learn how to save for their education, manage money and budget. Minors will need

  1. A parent as a joint account holder
  2. A birth certificate of the child must be provided
  3. Proof of address and Photo ID of the parent
  4. ID of the child if available (optional).
  5. A minimum deposit of $5.00 to the account

When the child attains the age of 18 the parent must handover the minor account to the child in whose name the account was established.

Start giving your child the financial foundation that can help keep him/her stable and successful for the future.

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