Shares Account

Own shares in the Credit Union
SHARES ACCOUNT OVERVIEW

As a member of the Credit Union, you benefit from owning shares in the Credit Union and also start planning for your retirement.

It is never too early or too late for you to put a retirement plan in place and begin saving towards your “Golden Years”.

FLEXIBLE SHARES, GREAT BENEFITS

SHAREHOLDING

This entitles you to full membership with the Credit Union well as ability to exercise your membership right to vote at the Yearly General Meeting.

FLEXIBILITY OF THE SCHEME

You decide how much to contribute and the frequency of contribution, a minimum of Ghc 500. This can be lump sum or monthly source deductions.

PAYMENT OF DIVIDENDS

Deposits into this account will earn dividends which are paid annually as proposed by the Credit Union’s Board of Directors and approved by the members at the Annual General Meeting. However, this is dependent on the Credit Union’s financial performance.

Dividend paid in the past four years has been higher than the Annual Treasury Bill rate.

"VALUE" FOR YOUR PENSION

You can use shares as part of Pension’s savings since this can only be withdrawn when one retires or is closing his/her account with the Union.

Connect with us! Wp 0289555280 FB
© 2019 All Rights Reserved. University of Ghana Co-operative Credit Union