ORDINARY SAVINGS ACCOUNT (THRIFT)
Saving is a mandatory cooperative practice. We encourage our members to save today to meet the growing needs of tomorrow. Our advisors will meet with our members to work and agree on an appropriate amount and pattern of savings so that it does not negatively affect daily life. Savings for business and personal purposes by opening an account with the community.
You can withdraw money from your savings account, but this is not recommended for a sustainable savings goal.
LOAN: PERSONAL OR BUSINESS (CREDIT)
Every member of Mesteemic Thrift & Cooperative Society is entitled to one or another type of loan. One of the basic collaborative practices is to allow members to borrow an amount that does not exceed double their accumulated savings, but we have designed a very unique model that allows our members to borrow any amount sufficient for their needs, even if the amount exceeds double your savings.
They only have one or two additional conditions to meet if they can satisfy us and convince us of the need for the loan. We are fair, considerate and supportive in our operations and loan administration.
FINANCIAL ADVISORY
We offer free personal and business financial advice to our members. We help members organize their finances, investments, and business plans to take advantage of their current and future opportunities. We encourage members to keep up-to-date records of business transactions and keep important books of account. We help them configure or restructure their internal processes and procedures.
They only have one or two additional conditions to meet if they can satisfy us and convince us of the need for the loan. We are fair, considerate and supportive in our operations and loan administration.
OPPORTUNITIES
We inform our members about the opportunities available in purchasing various opportunity categories. We mediate agreements for our members in order to get the best deals and make sure their claims are awarded when necessary. We are involved in many applicable and relevant business areas, all for the benefit and well-being of our members and their business interests.
MONEY TRANSFER
We care about the financial interests of our members. We provide advice on opportunities in the banking industry and the best way to take advantage of them without being mugged by bankers. We facilitate domestic and international payments by providing the best rate electronic money transfer instructions for our members. We keep our members informed on current financial trends and their implications.
TRAINING AND DEVELOPMENT
We provide FREE Professional Development training for members; in other to empower them.
