The savings deposit service is the most widely used offering among banks and credit unions.
Its primary aim is to
help members accumulate the maximum possible savings over time.
Anyone can open a savings account to set money aside, with the flexibility to deposit or withdraw funds at any time.
This scheme can be opened in your own name or in the name of your business.
It offers an annual interest rate of
5%, with interest credited to the account every six months.
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