Special Savings
Need a bit of extra help to meet your savings goals? Not to worry, The Communal Co-Operative Credit Union has savings plans designed to help you reach your goals without thinking about it. Get started today, then sit back, relax and watch your savings grow.
INSURANCE ESCROW & COMPULSORY SAVINGS
Insurance Escrow & Compulsory Savings is designed to encourage savings habit.
Insurance Escrow
- Save to meet your annual insurance expense
- Paid monthly as part of your loan payment or voluntary
Compulsory Savings
- Fix amount added to your loan payment
- Not accessible until the loan is paid off.
SUSU PLAN SAVINGS
The Susu Savings Plan is another saving option that The Communal offers to its members. To be a part of this plan, you must purchase a "hand" at a minimum of $200.00 per month. Funds can be paid weekly at $ 50.00, fortnightly at $ 100.00, or monthly at $ 200.00.
The plan runs for two(2) terms: 36 weeks and 48 weeks. You select what term best suits you. Once the term matures, you receive all the money you saved, plus a monetary reward. We don't charge you, we pay you!
The Susu Savings Plan is safer, simpler and better way to save money.
