Co-operative Credit Union Regulations, 2015 (L.I. 2225)
Regulation 17: Deposits
(1) A Co-operative Credit Union shall ensure that a member of that Co-operative Credit Union does not hold more than ten percent of the deposit of the Co-operative Credit Union except with the prior written approval of the Bank.
(2) A Co-operative Credit Union may pay different rates of interest on deposits taking into account
(a) the type of deposit;
(b) the amount of money deposited;
(c) the term of the deposit; and
(d) any other factor that the Co-operative Credit Union considers relevant for the provision of competitive service.
Subject : Co-operative credit unions
Procedure to Follow
Not Avaiable
Responsible Institution
28th February Road, Finance Drv, Accra
- Email: info@mofep.gov.gh
- Website: www.mofep.gov.gh
- GPS: GA-144-2024
- Telephone: +233 302 747 197
Relevant Forms to Download
Not Available
Online System
Link Unavailable
Fees/ charges
Not Avaiable
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