Saving Accounts

Saving Accounts

Reach your financial targets with our savings accounts. Our Savings Accounts provide opportunities to individuals to accumulate regular savings. The Society offers both medium and long-term savings accounts to members.

Prior to opening a savings account, the individual requesting the account shall have been admitted as a member of the Society. Member contributions are deducted directly from source.

Types Of Savings Products

Flexi Savings

  • Our Flexi Savings account allows you to save and access funds with flexibility, offering higher interest rates while allowing 1 free withdrawal every 3 months without penalties.

    • Account Opening – P100.00
    • Member must maintain a minimum balance of P500.00 at all times
    • Saving period of 12 months
    • 1 free withdrawal after every 3 months (quarterly)
    • Any other withdrawals within the 3-months period will attract a 2.5% penalty
    • 4% interest earned per annum

Gold Savings

  • This account has been designed with your convenience in mind, featuring no administration fees and highly competitive interest rates.

    • Account Opening – P1000.00
    • Fixed period of 24 months with mandatory savings of P1000.00 minimum per month
    • No withdrawals, no administration fees
    • Guaranteed 5% interest earned per annum
    • Where withdrawal is done before 24 months, interest earned will be forfeited

Leano Retirement Savings

  • Information about LEANO RETIREMENT SAVINGS as indicated below.

    • The Leano Savings Product is designed to encourage members to save and plan for their retirement.
    • Open account with P300.00
    • No administration fees
    • 11% interest earned per annum
    • Members are required to save on a monthly basis until retirement age or no longer available to service the account.