We're proud to offer a comprehensive range of products and services designed to put you first. Enjoy higher rates on interest-bearing accounts, lower rates on loans, minimal fees, risk-free banking, ironclad security, and the warm embrace of exceptional customer service. With us, your financial dreams are not only possible but backed by the trust and dedication of a community that cares.
Savings Products
1
Members Savings
Members are encouraged to make regular daily, weekly or monthly savings. The Union pays attractive interest on savings. Minimum contribution duration to qualify for a loan is six months. Withdrawals are limited.
2
Savings Withdrawable Account
The Savings Withdrawable account operates just like a current account. It encourages members to make regular daily, weekly or monthly savings. It allows members to make unlimited withdrawals with an indefinite time line.
3
Child Education
This savings account is opened for a child towards his/ her education for a particular period. Members are encouraged to make regular daily, weekly or monthly savings with an attractive interest.
4
Youth Savings
This is for youth/children in school, church etc. that come together as a club or group to save to support themselves and parents concerning their education for a period. The aim is to inculcate the habit of savings into the youth in order to grow with it. Members are encouraged to make regular daily, weekly or monthly savings with an attractive interest.
5
Mobile Banking Services
The Union has employed mobile bankers who go to members to collect savings, loan repayment and susu on behalf of the Union.
6
Fixed Deposit
The AES Fixed Deposit Product offers members a secure investment option with flexible tenures, competitive interest rates up to 20% per annum, and tiered deposit levels, providing an ideal solution for growing long-term savings.
How to start your Savings
Starting your savings journey with us is as easy as 1, 2, save!
1
Join Our Thriving Community: Become a member by filling out a simple form with your personal details, and don't forget to bring your Ghana Card and a passport picture. You can also list your beneficiaries to secure their financial future.
2
Hassle-Free Savings: We offer flexibility like no other. Enjoy the convenience of monthly deductions directly from your salary, or opt for our mobile bankers who'll pick up your savings daily or monthly. Your financial goals, your way!
Shares
Our Shares are more than just an investment; they're your stake in a brighter financial future. With our Shares product, you become a valued member and co-owner of our community-focused financial institution.
Ownership and Membership: When you buy a Shares, you're not just a customer; you're a member and part-owner of our credit union. This means you have a say in our decisions and share in our successes.
Safety and Security:
Rest easy knowing that your investments are in safe hands. Your Shares are insured, providing you with peace of mind and protection.
Dividends and Earnings: As a member-owner, you may be eligible to receive dividends based on the credit union's performance. Your Shares can grow over time, helping you achieve your financial goals.
Loan Products
Controller Loan
Loan for government workers who receive their salaries from the Controller and Accountant General Department.
Community Loan
Community Loans goes here
Woezor Loan
Woezor Loans goes here
Loan Within Savings
Loan Within Savings description goes here
Susu Loan
The loan description goes here
Personal Loan
General loan accessed by all members but deducted at payroll where the member is a salaried staff and by cash where the member is self-employed. Loan period ranges from 1 – 36 months.
Business Loan
Short term loan contracted to promote a private business. Loan period ranges from 1 – 10 months. Loan shall be granted on the basis of the viability, reliability and profitability of the business.
Emergency Loan
Short term loan contracted for the maximum of three months for the purposes of life savings in medical situations, hospitalization, and natural disaster or court cases.
School Fees Loans
Loan can be accessed by only members with a Child Education Account. Loan amount is to the tune of the fees and payable by cash at the Credit Union office. Loan period is 1- 8 months.
Does the Union give loans to non-members?
Yes, the Union gives loans to non-members who are with the Controller and Accountants General Department.