Mon - Fri: 8am - 5pm
    Sat (Cash Branches): 9am - 3pm
    Sun: Closed
  • Savings

    A Basic Savings account comes with your WSACCO membership and opens the door to our suite of saving products for you at competitive rates


    Product Product features
    1 Savings account Minimum balance 10,000.
    Interest rate  6%
    2 Retirement account Members save 7% of basic salary.
    Interest rate  7%
    3 School fees savings account Minimum balance 10,000.
    Interest rate  6%
    4 Minor (TOTO) account Minimum balance 500,000.
    Interest rate  6%
    5 Salary account Members access salary through WSACCO,
    Minimum balance, 10,000.
    6 Share account Minimum 10 shares.
    Dividends paid after surplus is declared.
    Share certificates issued to member.
    Only 30% of total WSACCO shares can be held by one member


    No matter where you are in life, it’s never too late to make saving a priority.

    The first step on your savings journey should be to open a savings account and begin setting aside a portion of your pay as an emergency fund. While your savings goal will vary depending on your salary and expenses, having roughly six months of living expenses saved up is ideal. Start with a smaller goal of saving a given sum of money regularly and keep building on it.

    Saving Checklist
    The earlier you start saving, the more time your money has to grow. Use the checklist below to make sure you’re on the right track
    Start saving. If you haven’t begun to build your savings, your primary goal should be to initiate a savings plan like Retirement or investment.
    Create a budget. Start by creating a budget for you to see where opportunities for additional savings may lie. If you make managing your money a priority now, saving for the future will be simple.
    Manage your debt. Funnel as much as you can to pay off what you owe and don’t take on any new debt. Once you’re out of the red, consider putting the money you were using to pay off your debt toward your savings goals.
    Build an emergency fund. Set aside some cash for emergencies so you aren’t tempted to reach for credit when unexpected costs arise.