These are the continuous monthly non-withdrawable savings that members make to the Sacco throughout their membership and is also used as loan multiplier. The benefits are:
• Ease of savings;
• Earn attractive and competitive interest;
• Avenue to accumulate wealth.
This is Stima Sacco’s transactional account which operates as a current account. This account has a minimum balance of Kshs. 500 and amounts above Kshs 15,000 earn attractive interest and has no monthly charges. The account is used for:
• Dividends and Loans processing, cheque clearing, Dividend, EFTs, RTGS, Standing Orders etc.;
• withdrawals of up to Kshs 400,000;
• Transactions via VISA ATM, Stima Sacco Cheque Book, mobile banking and online;
• The Sacco offers attractive and competitive returns on Fixed Deposits Reserve (FDR);
• Minimum amount for a fixed deposits is Kshs 50,000;
• No monthly charges.
• For current fixed deposit rates click here. .