UEW CO-OPERATIVE CREDIT UNION

CrediKid Savings

CrediKid Savings

CrediKid Savings: This is a savings product introduced on July 1, 2017.
Parents are encouraged to save for their wards education. The Union pays a premium of this product since it is locked for a minimum of three years. Members can use this account to access educational related loans for their wards. Terms and conditions apply.
Terms and Conditions For Loan Repayment
Loan Type Interest Rate Maximum Duration Loan Amount
Regular Loan 18% per annum 1-36 months 3 * Savings
Special Loan 20% per annum 1-36 months 5 * Savings
Commercial Loan 22% for 10 months 10 Months 3 * Savings
Hotline Loan 5% for 3 months 3 Months 3 * Savings
Micro Loan 3.5% for 6 months 1-6 Months 5 * Savings
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Loan Calculator
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