Share Account Information
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To become a member of the Credit Union, it is necessary to open an Ordinary Share Account and a Permanent Share Account. These accounts are the primary accounts that allow members to benefit from the Credit Union's products and services with added advantages. The Ordinary Share and the Permanent Share Accounts are the main accounts against which loans are processed. |
| The Share accounts are dividend - bearing accounts. The dividend paid is determined by the surplus the Credit Union makes at the end of the financial year. The dividend that is paid is also based on the acceptance of same by the members present at the Annual General Meeting. | |
