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UTSA (UNI-THRIFT SAVINGS ACCOUNT)
THE PRODUCT
Uni-Thrift Savings Account (UTSA) is a modified form of local contribution (ESUSU) designed to assist the trader and other thrift groups to derive optimum value from their savings. It is our unique way of supporting our customers expand their businesses and achieve the targeted financial needs through the adoptions of a simple savings culture.
THE FEATURES
Ø Minimum opening balance of #1,000.00
Ø Withdrawals allowed after three months of saving
Ø Interest earnings of 2% per annum
Ø Minimum lodgments of #1,000.00 at daily, weekly or monthly
intervals
Ø Cheque lodgments allowed
Ø Short-term credit facility
Ø Union homes officials are on hand to visit customer and collect their deposit
THE BENEFITS
Ø Safe and convenient
Ø Profitable savings
Ø Access to occasional short-term credit
Ø Cheque lodgment considered.
[Click to download UTSA Form]
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Construction
