FOSA Saving Products
FOSA Savings Account
This Account is a withdrawable deposit account that members use as a transaction account and can also be used for savings purposes. The account caters for members’ regular transactions like salaries and loans processing; cash and cheque deposits; electronic funds transfers, standing orders.
Special Savings Account
A fixed account is an investment account where you deposit funds for a fixed period and the interest rate does not fluctuate during the investment period. This is a perfect account for your investment if you want to invest a lump sum of money and will not access it until the specified period matures.
Fixed Deposits Savings Account
A fixed account is an investment account where you deposit funds for a fixed period and the interest rate does not fluctuate during the investment period. This is a perfect account for your investment if you want to invest a lump sum of money and will not access it until the specified period matures.
Junior Savings Account
This Account is for junior savers. It encourages members to save for their children, Grandchildren.
Retirement Savings Account
This Account is also referred to as a retirement savings scheme, and it is specifically designed to address the financial needs of the account holder after retirement, dismissal or resignation from formal employment, or permanent disablement due to age, disease or any other cause.