Shepherd Mutual Interest. Savings (Shepherd Mutual)

This product is designed to promote cooperative accounts and savings. This account works as follows:

A group of civil servants, professionals, business men and women etc with like minds, can come together for mutual support contributing a certain amount based on agreement. The understanding is drawn such a way that an agreed amount is debited to other participants and credited to the month’s beneficiary account or accumulated and shared at agreed period like festive period etc.

Features:

• Minimum opening balance of #2,000
• Minimum balance of #5000.
• Maintain their salary accounts to enable the debit of the various accounts and credit the beneficiary

OR

• Daily/Weekly/Monthly lodgments from members.
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Benefits

• Cooperative efforts by like minds to support each other to make success in life.