Flagship Products and Services

REMOCOS (Resort Monthly Contribution Scheme)

Objective
To provide opportunity for the average saver and help build his moderate but regular monthly savings to become tangible enough to facilitate attainment of his financial goals.

Target Audience

  • Middle class employees in public & private Sectors
  • Cooperative societies in large establishments
  • Entrepreneurs/Business Owners
  • Young families
  • Other monthly income earners

Features

  • Minimum opening amount of N5,000
  • Minimum monthly contribution of N5,000
  • Minimum tenor of six months
  • Attractive interest rate
  • Not more than one withdrawal in a quarter
  • Commensurate credit facility available

Benefits

  • Rewarding investment opportunities thereby available to monthly income earners
  • Creation of a pool of investible fund from the micro individual units
  • Promotional savings habit amongst the middle level corporate manpower and entrepreneurs
  • Provides access to financial advisory services to each contributor
  • Cheques can be accepted on the account at the discretion of management
  • Resort Savings &Loans branded value cards are issued to contributors (optional)
  • Prompt withdrawals easily facilitated when the need arises
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