MINOR AND SPOUSE SAVINGS ACCOUNT

  • It is a sub-account under the major account held by a qualifying member.
  • Account can be opened for a member’s spouse and/or children below 18 years.
  • Accounts are handled in the same way as those for regular savings accounts.
  • Minimum opening balance is Ugx 775,000.
  • The savings in spouse and minors accounts shall be considered for purposes of computing the loan accessible by the member