Fixed Deposit Account

  • Eligible to all members
  • Minimum deposit ksh 10,000
  • Rate of interest is negotiable depending on money market but minimum interest is 5%.
  • Interest earned is payable on maturity but forfeited if deposits are recalled before maturity.
  • Deposit terms are three, six, nine and twelve months and are renewable.

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About Us

The Society was registered on 5th October 1971 (Registration No.2001) by the Commissioner for Co-operative Development.  The common bond was of Ministry of Lands and Settlement but due to transfers and restructuring within the Civil Service to date the Society has members from all the government ministries and  institutions, private sector, groups and individuals who qualified as per the society by-laws.

 

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