PERSONAL SAVINGS
SAVINGS/SHARE ACCOUNT
GIC offers several savings accounts that are tailored to the needs of its members
Our Members Are Our Owners!
OWNERSHIP
Your GIC Coop. Microfinanace savings account is a representation of your "Share" or ownership in our nonprofit financial cooperative. This indicates that you have one vote at the credit union's annual meeting and a "share" in the credit union equal to the amount in your savings account.
With just a 15,000Fcfa starting deposit, you may create a savings account at GIC Coop. Your share account will be terminated if it doesn't have a daily balance of at least 20,000Fcfa. Dividends earned on savings accounts are calculated based on your average daily amount and are paid out periodically.(yearly)
You can have additional peace of mind knowing that all accounts are covered by insurance through our Network.
Ready to Become a Member?
MEMBERSHIP
Membership in GIC Coop is limited to those persons, including incorporated and unincorporated organizations, who have the following definable community of interests:
Employees or retirees living in cameroon or abroad
Students of any university in Cameroon
Employees or retirees of specific companies that contract with GIC COOP to provide services on an ongoing basis, including F inancial banking, payroll, etc
Persons who live, work, attend school, or worship in cameroon
Any relative of a current member
After it has been determined that you are eligible, you may open your membership Share/Savings Account. A Share/Savings Account is required to join GIC Coop., and that account must be funded with a minimum of 15,000Fcfa. After that Savings Account is open and funded, then you may open additional accounts, such as a Checking Account/Deposit account, and more.*
Join Online, stop by the Credit Union, or give us a call at ### ### ### to open an account today!
GIC VARSITY
GIC COOP Varsity is our account for young adults age 13-17 (minors must have an adult joint owner on the account until you turn 18). We want you to fulfill your goals and dreams, through hard/smart work, self-motivation and self-discipline. Anything is possible, including reaching your financial goals. Whether that goal is saving for a new laptop, a new car, or even your college education, GIC Varsity is the account to cheer you on as you achieve it!
Once you turn 13, you can also open a GIC Varsity checking account. Whether you are just learning how to manage your money or working on building good credit for your first car, a GIC Varsity savings and checking account at GIC COOP is the perfect place to start.
GIC SUPPER SAVER KIDS CLUB
Hey Parents! With only a 12,500Fcfa opening deposit, your child can join Irina and GIC Super Saver Kids Club, and be part of a special club that will allow your child to learn about saving money and having fun too! All you need to open an account is your child’s birth certificate .
It’s never too early to steer your kids in the right direction. Help them start saving by joining GIC Super Saver Kids Club. We offer several kids accounts including Savings, that are tailored to the needs of kids ages 0-12 (minors must have an adult joint owner on the account until they turn 18). Join Irina the Super Saver and get started on a lifetime of great saving habits with the GIC Super Saver Kids Club.
Once your child signs up to be a member, they'll get a special Super Saver Savings Kit that includes a welcome letter, from GIC and Irina, a piggy bank, and your first chance to open Irina Treasure Chest!