General Employees Co-Operative Credit Union Limited

Fixed Deposits

  • A deposit of a fixed amount at a fixed rate for a specific period of one (1) year.
  • Members who wish to terminate or withdraw from their Fixed Deposit Account must give at least sixty (60) days' notice in writing.
  • A member who breaks his/her fixed deposit before maturity would receive interest in accordance with our break rate guidelines.
  • This facility allows members to earn high returns on their investment.
  • The amounts and rates are as follows:
Deposit Amount  Rates of Interest 
 $500 -$99,999  2.50% annually
 $100,000 - $499,999  3.00% annually
 $500, 000 and Over  3.50% annually
 School Cooperatives  5.00% annually