As our Society has continued to grow, there has been an urge to provide a one stop shop for all our members’ financial needs. Towards this end, the Sacco operates a FOSA to meet members’ banking needs hitherto provided by banks. The FOSA also extends additional financial products and services to complement those offered by the back office.
- Provision of saving facility to members
- Enable processing of members’ salaries and dividend payments
- Provide short and long term credit at competitive interest rates.
- Provide ATM services (through Sacco Link Card), thus easy access to funds
- Encashment of Cheques
- Sale of bankers cheques
- Offering standing orders to account holders
- Enable Sacco payments to members through their FOSA accounts
- The FOSA services are for all members of the Society.
REQUIREMENTS FOR FOSA ACCOUNT OPENING
- FOSA account application form
- Passport size photo
- Copy of National ID / passport
- Birth certificate for Jewel account holders