Save On Us (S.O.U.) Accounts
Think of a SOU SOU but with interest!
This type of planned saving for future purchases relieves you of the hassle of entering into interest-heavy credit relationships.
Each cycle starts in the months indicated above (January, May, and September) and runs until the respective maturity dates (October, February, and June) which will give your savings (with interest) in time for Christmas, Easter or Summer!
The Save On Us Account provides all of the following benefits:
- Monthly Deposits can range between a minimum of $100.00 and a maximum of $1,500.00
- Interest is paid on the total amount saved at the end of the ten (10) month cycle.
- Savings can be transferred to shares for 1:2.5 loan of the amount saved.
- Penalties will apply for early withdrawals.