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Shares Account

Find out about shares account,
member's share accounts

  • A Member shall buy minimum of (2) shares of D300.00 per share per annum, there is no limit to the number of shares one can buy.

  • Shares are only refundable after termination of membership, and such refund shall be in accordance with the provisions of the Credit Union Bye Laws and Co-operative Societies Act 1990 (cap 50.02).

  • A dividend shall be paid on shares, as may be determined by the Board of Directors from time to time and in accordance with section 19 (3) of the Co-operative Societies Act cap 50.02.

  • The General Assembly shall have the right to increase the minimum share.

  • The member shares should always be updated and reflected in the Pass Book of the member.

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