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About Savings Account
The savings account is an interest-bearing deposit account. The savings account is designed to ensure that:
Customers/members have sufficient deposit provisions available to safeguard against their personal or business financial needs.
Requirement of Savings Account
- A minimum savings balance of Gh¢20.00 which cannot be withdrawn by members.
Benefit of Savings Account
BSFCCU ensures that a competitive interest rate is paid to members
BSFCCU accepts Deposits only from registered members.
Deposits are received from members themselves, by third parties or through electronic money transfer (MTN MOMO, USSD Services) and any other means approved by BSFCCU.
Funds from Savings Account can be channeled to Fixed Term Deposits.
Members can access loans with their savings accounts.
Account holders can use their accounts to guarantee loans for others.
Monthly deduction of Gh0.50p as SMS alert subscription.