Fixed Deposit

This savings instrument is a safe short to medium term option, which will guarantee a higher interest rate than a regular savings account until the maturity date. It is ideal for members who want to save towards major investments such as home ownership.

A minimum balance of $25,000.00 must be maintained. Currently, our Fixed Deposit tenures are as follows: 30 days, 60 days, 90 days, 180 days and 365 days.    

If you are looking for even higher interest rates and you do not need ready access to your cash, then our Non-redeemable Fixed Deposit Instrument is a smart choice for you. We offer non-redeemable fixed deposits for up to a period of five (5) years

N.B Fixed Deposits may be used as collateral for loans