Group Savings Account (GSA)
This is an account for collective savings, groups, associations, cooperatives, unions and other collectives, accumulated funds can then be used as desired by the group.
Features & Benefits:
» Convenient and easy to operate
» Operated by Joint account signatories
» Low minimum account opening amount required (N1000.00)
» Attractive interest is paid to the account monthly.
» Weekly contribution
» Two free withdrawal per month at no cost
» May be used as Loan collateral
» A duly completed account opening package
» One passport photograph of each member
» Excos must be signatory to the account
» Utility bill issued within the last 3 months
» Copies of acceptable means of identification (Driver’s License, International passport, National I.D Card, and any other acceptable identification document deemed fit by the bank