Deposits

Member and Non-members (persons/organisation with or without the minimum of XCD$100 worth of Permanent/Equity Shares) also have the option of saving with us on Ordinary Deposit accounts. These accounts facilitate persons with the savings of money without specific purposes or funds that are likely to be withdrawn in the short run. They can make unrestricted and unlimited withdrawals as they wish with no attached fees. 

Person/organisation can arrange with us to set-up special deposit accounts to assist with savings for specific purposes. These accounts will have specific instructions and restrictions established by the member/depositor. 

Similar to Ordinary/Withdraw-able shares, Deposit accounts are paid interest quarterly usually in March, June, September and December. The interest rates paid out are determined by the Board of Directors.