- Minimum Account opening requirement is N5,000.00.
- Account minimum balance is N2,000.00.
- Monthly contribution of N5,000 (N60,000 p.a.) You can also make a lump sum deposit.
- Flexible deposit options: monthly, quarterly, per annum.
- Two (2) recent passport photographs.
- Valid means of identification (National ID, Driver’s license, voters card etc) (University/Institution staff ID card).
- Attracts 2% higher than the savings account interest rate (4% PA) with no withdrawal in a year and with a balance above N100,000.00.
- Ability to pay dividend warrant into account.
- 3 top savers will get a special MOUAU MFB Birthday package.
- Entitled to 300% of amount saved in account as loan to pay child’s school fees.
- Offers customers the opportunity of earning interest of 3-8% per annum negotiable based on the value and duration of capital fixed.
- Encourages investment.