North Tema provides valuable and diverse services that enable members to manage their finance with confidence. Our suitable designed products and services offer our members the flexibility they need and the benefit they want. These include:
SHARE ACCOUNT
The strength of North Tema comes from its members through share contributions. Every member is a shareholder who enjoys fantastic dividend at the end of every financial year.
SAVINGS ACCOUNT
To promote savings consciousness and practice among its members, NTCCU create enabling environment by requiring its members to make a minimum monthly savings of GH¢ 300.00. The Union grows its member’s savings by offering competitive interest at the end of every quarter.
SMART SAVINGS ACCOUNT
This product offers members a flexible and easy way to set aside money to acheive a short-to-medium term financial goals.
FEATURES
- This savings account is designed to offer members a flexible and convenient way of saving to meet their short-term financial need
- Regular minimum monthly savings of GHC 200.00
- Tenure from 12 to 24 months
- Can only be accessed after attaining 50% of the product tenure
CURRENT ACCOUNT
It is an everyday account fit for individuals, groups and corporate institutions. The account is designed to provide total convenience for members. This account helps members manage their deposits and withdrawal transaction at no cost.
FEATURES
- It is convenient for frequent personal and business transactions
- In-house cheques can be drawn on NTCCU current account as per the Union’s cheque clearing agreement GT Bank
- Members can pay in cheques in their names
- It is a non interest bearing account
- The account gives members the maximum flexibility with instant access to their funds
DAILY DEPOSIT (SUSU ACCOUNT)
This product offers members with small cash holdings and those who find it difficult to leave their homes and business site a unique opportunity to save with the union on daily basis. A non-interest bearing account for members and non-members.
Terms and conditions are
- It is designed for individuals, petty traders, tableshop business, micro-enterprises and those who have regular daily cash at hand
- A minimum daily contribution of GHC 5.00
- A monthly fee equivalent to a daily contribution is charged on each contributor
- Each contributor is assigned a mobile banker
LOANS
The union offers low-cost loans with flexible repayment terms. Loan products include personal, business and short-term loans. Loan repayment are calculated using the reducing balance method.
FIXED DEPOSIT ACCOUNT
Its an excellent investment product that gives members the opportunity to deposit a fixed sum of money with the union for a specified period. In return the union pays you a guaranteed interest rate on that deposit.
FEATURES
- The product is suitable for individuals, groups and corporate institutions.
- Minimum investment amount of GHC 200.00
- Funds can be fixed for 91, 180 or 365 days upon members instruction
- Roll-over option available at maturity
ME-DAAKYE ANIDASO ACCOUNT
This is a long-term investment account specially designed to help members plan for their future and build a better retirement.
FEATURES
- This is a monthly compounding investment account specifically designed to help members especially informal workers to plan for their retirement
- Regular monthly minimum deposit of GHC 100.00
- Attractive interest rate
- Minimum tenure of five (5) years
- Withdrawals can only be made after attaining 50% of the product tenure
KIDDY ACCOUNT
A high interest earning savings account that aims at inculcating savings culture into the youth as well as granting parents the opportunity to save towards the future of their children. This aids parents during school fees paying periods and in times where they lack resources.
You can complete a membership form here, use the contact us or visit any of our locations for more details to become a member of the happy family today!
North Tema…. Happy Family!