Products · Savings
Savings accounts that work as hard as you do
A KAMCCU savings account opens from just GHS 20, earns competitive interest with no monthly fees, gives you access to your money anytime — and builds the borrowing power that unlocks loans of up to four times your balance.
Why save with KAMCCU
More than a place to keep money
Member savings are a vital means of building financial stability and reaching your goals faster — every cedi you save also strengthens your standing in the union. Your savings and loans are covered by insurance.
Competitive interest rates
Your balance earns competitive interest every year, paid quarterly — a simple, low-cost way to grow your money over time.
Easy access to loans
Three months of consistent saving unlocks borrowing of up to four times your savings balance.
Serves as security (collateral)
Your savings stand behind your loan, so most facilities need no physical collateral at all.
Flexible contribution options
Save what you can, when you can — at a branch, by mobile money, or through your group.
That's all it takes to start
A minimum opening balance of GHS 20 gets your savings journey going — no monthly maintenance fees, ever.
Account types
One account for every kind of saver
Individual Member Savings
The everyday account for one member — earn interest, access your money anytime, and pay no monthly fees.
Requirements
- Ghana Card
- Two passport pictures
- GPS address
- Membership eligibility (minimum share)
- Initial deposit
- Application form / KYC
Group Member Savings
For associations, susu groups and co-operatives that save together and grow together.
Requirements
- Names of the executives and their Ghana Cards in the resolution letter
- Registration certificate (if any)
- Passport pictures of the executives
- GPS address of the executives
- Membership eligibility (minimum share)
- Initial deposit
- Application form / KYC
Corporate Savings
For registered companies that want their reserves working inside a member-owned union.
Requirements
- Company registration certificate
- Resolution letter
- Directors' Ghana Cards and passport pictures
- Verification of signatory
- Proof of residence
- Membership eligibility (minimum share)
- Initial deposit
- Application form / KYC
Kiddie Savings account
Their future starts with their first cedi
Kiddie Savings gives parents and guardians a way to save for children aged 18 and below. You keep oversight of the account while your child learns real financial skills — a solid foundation for financial security and independence, with no compulsory shares required.
Benefits
- Investing in your child's future
- Teaches kids the skill of saving
- Long-term savings plan
- Competitive interest rates
- No compulsory shares
Requirements
- Passport picture of the child & parent/guardian
- Ghana Card of the parent or guardian
- Parental consent
- GPS address
- Joint account form
- Initial deposit
Fixed Deposit
Guaranteed returns. Zero market risk.
Fixed deposits provide a secure, reliable way to grow your savings over a fixed period while earning competitive interest — with guaranteed returns, flexible term options, and peace of mind for your financial future.
- Competitive interest rates
- Guaranteed returns at maturity
- No market risk — your principal is safe
- Flexible term options
Fixed deposit (p.a.)
Attractive
Lock in a lump sum, watch it grow, and collect your principal plus interest at maturity. Terms and rates are confirmed with you before you commit — call +233 302 247 164 for today's quote.
Savings FAQ
Questions savers ask us
Still unsure? Call +233 302 247 164 or visit KAMCCU House at Adabraka — Monday – Friday, 8:30 AM – 4:00 PM.
What is the minimum amount to open a KAMCCU savings account?
You can open a KAMCCU savings account with an initial deposit from GHS 20. Bring your Ghana Card, two passport pictures and your GPS address to any branch, or start online at kamccu.com/join.
How does interest on my savings work?
KAMCCU pays competitive interest on your savings balance — paid quarterly. Interest accrues on your balance and there are no monthly maintenance fees, so your money grows without being eaten by charges.
Can my child save with KAMCCU?
Yes. The Kiddie Savings account is designed for children aged 18 and below. A parent or guardian opens and oversees the account, no compulsory shares are required, and the account doubles as hands-on financial education for the child.
How do fixed deposits work at KAMCCU?
You lock in a lump sum for a fixed term and earn a guaranteed, competitive interest rate with no market risk. At maturity you receive your principal plus interest — a secure way to grow money you will not need immediately.
Start with GHS 20. Grow for life.
Open your savings account online or at any KAMCCU branch today.