Discover Exclusive Benefits as a Member
Banking at its finest
We offer the following products and services
To help you achieve more
MEMBERSHIP OF THE CREDIT UNION
The Credit Union has opened its common bond to include Everyone. The total membership as at May, 2024 is over 2,000. Currently membership is open to all persons.
Who Qualifies to be a Member?
At New Fadama Co-operative Credit Union, membership is open to Everyone
All you need to do to become a member of the credit union is to own or have shares.
Loans
Explore Our Loan Solutions
Our goal is your financial success and well-being. We’re committed to helping you navigate your financial journey with confidence.
You can Access:
Whether you're exploring loan options, or planning for a major purchase, we’re here to assist you every step of the way.
Frequently asked questions
Got a question? Here are some frequently asked questions or Contact Us
1. MEMBERSHIP:
- You can become a member by visiting our branch in New Fadama with a valid Ghana card, a passport picture, and a completed membership application form. or Applying online
- Members enjoy benefits such as higher interest rates on savings, lower interest rates on loans, financial education programs, and a community-focused approach to financial services.
- Yes, a minimum shares balance requirement. Please visit our branch or contact us for specific details.
2. SAVINGS:
- We offer regular savings accounts, fixed deposit accounts, and children's savings accounts .
- Interest rates vary depending on the type of account and the amount deposited. Please contact us or visit our branch for the latest rates.
- Deposits can be made in person at our branch, through mobile banking, or via direct bank transfer.
- No, there are no penalties for early withdrawals. However, fixed deposit accounts may have penalties if withdrawn before maturity.
3. LOANS:
- We offer personal loans, business loans, educational loans, and emergency loans.
- Interest rates and repayment terms vary by loan type. Please visit our branch or contact us for detailed information.
- You can apply for a loan Online or by visiting our branch with a completed loan application form, proof of income, and any other required documents.
- Required documents typically include; a valid Ghana card, savings balance and pattern, minimum share balance, a guarantor and a completed loan application form. Additional documents may be needed depending on the loan type.
- Loan approval time varies, but it generally takes between 5 business days after submitting a complete application.
4. SERVICES:
- Yes, we offer both mobile banking and online banking services for your convenience.
- Yes, you can transfer money to other accounts and pay bills through our mobile and online banking services.
- Yes, we offer financial education programs and workshops to help our members manage their finances better.
5. OPERATIONAL DETAILS:
- Our operating hours are Monday to Friday from 8:00 AM to 5:00 PM, and Saturday from 10:30 AM to 2:00 PM.
- We are located at, New Fadama, opposite alhaji guarantee mosque , Accra, Ghana.
- You can contact our customer service via our live chat by phone at +233 30 295 5022 , by email at support@newfadamacreditunion.org, or by visiting our branch.
- Some services may have additional fees. Please contact us or visit our branch for detailed information on any applicable fees.
6. GENERAL INFORMATION:
- Your money is protected through our adherence to regulatory requirements and our participation in deposit insurance schemes.
- Yes, by making us aware of your location we can assign a mobile banker to you for the daily collection of your income
- Yes, non-residents of New Fadama can join the Credit Union, provided they meet the membership requirements.
- We use advanced security measures such as encryption, secure login, and transaction monitoring to ensure the safety of your transactions.
Testimonials
What do members say about their experience with the credit union?
