Savings
Monthly contributions
Save every month
Your contribution is recorded by the administrator and you get an email receipt with your total savings.
Yearly cycle and dividend
A new cycle opens each 1 September and closes on 31 August. Members receive interest or a dividend at the end of every 12 months.
Free to exit
No partial withdrawals are allowed, but you are always free to exit the union.
Loans for members
Member loans
5%
Emergency Loan
31 days. Quick help for urgent needs. Repay within 31 days.
10%
Installment Loan
150 days. A longer loan for bigger plans. Repay within 150 days.
3%
December Special (DS) Loan
47 days. A low-rate festive season loan. Repay within 47 days.
Opens in season3%
Easter Credit Aid (ECA)
47 days. A low-rate Easter season loan. Repay within 47 days.
Opens in seasonLoans for non-members
Non-member loans (NMLOAN)
10%
Non-Member Emergency Loan
31 days
20%
Non-Member Installment Loan
120 days
Every loan needs a guarantor, who must be a UCU member. If your loan is more than two thirds of your guarantor's total yearly earnings, you add a second guarantor.