New Fadama Co-operative Credit Union Membership
Members as at May 2024
0 +

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.

Benefits of Membership:
  • Access to loans
  • Interest on savings
  • Right to vote
  • Leadership rights

NEFCCU MEMBERSHIP ACCOUNTS

Explore our wide range of membership products tailored for you

Individual Accounts​

c offers individual membership accounts. These accounts give you access to a wide range of financial services, including loans, savings, and investment accounts.

Group/ Association

This account is suitable for groups or associations. It allows multiple individuals to share access and manage a single account together.

Corporate Accounts

This account is suitable for Companies registered with the Registrar General. It separate personal and business finances, providing a clear picture of your company's financial activities.

Trust/ Joint- In

The New Fadama Credit Union trust/joint account is suitable for estate planning, inheritance, minor's education, charitable purposes, and other joint financial needs.

Individual Accounts

Having an individual account provides a sense of ownership,control, and privacy, allowing you to manage your financial decisions .

  • One (1) passport picture
  • A valid national Identity card
  • Entrance fee of GHS 20.00
  • Financial independence
  • Personal financial growth
  • Flexible

Group / Association

This account allows multiple individuals to share access and manage a single account together. This account can be used by clubs, organisations, teams, associations ,group of people with shared interests.

  • Improved collaboration
  • Improved collaboration
  • Shared financial responsibilities
  • Access to group loans.

Corperate Accounts

This type of membership is opened to Private Limited Liability Companies, Partnerships, Public Companies, Sole Proprietorships registered with the Registrar General Department. This account helps to seperate  personal and business finances, providing a clear picture of  your company’s financial activities . 

  • Business Certificates (Registration & Commencement)
  • Articles of association and a resolution.
  • Two (2) passport pictures
  • A valid national Identity card
  • Professional financial management 
  • Access to credit and financing options
  • Customized financial solution for business growth.
  • Seperation of business and personal finances.

Joint/ Trust- In

This account can be shared by two or more individuals and can be used often for estate planning,inheritanced,minor’s educatiion ,charitable purposes,etc.

 

  • One (1) passport picture
  • A valid national Identity card
  • Entrance fee 20.00
  • Easy access to funds for both account holders
  • shared financial responsibility
  • Simplified banking
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