Financial Tips
Be Safe and Secured. Start Saving Early
  • Saving for retirement is important. Open a Member Retirement Account at the National Cooperative Credit Union Ltd today and begin saving for a secure and comfortable retirement.

  • Save for special events and emergencies in a Dollar Day account at the National Cooperative Credit Union Ltd.

  • Save regularly no matter how small. Set a goal of saving at least 10% of your income and work towards this.

  • Save coins/loose change in a moneybank and deposit quarterly in an NCCU account. Consider using the “Dollar Day” Account for this.

  • “Pay yourself first” every month. Set up a payroll deduction to your savings account for saving regularly. This is a very effective way to save.

  • Borrow wisely for the things you need and want at the National Cooperative Credit Union Ltd. NCCU offers affordable loans for all purposes.

  • When you apply for a loan, ensure you know what the rate of interest is and how it will be calculated. The reducing balance method is the preferred and cheaper calculation method for personal loans.

  • It is important to know who is the beneficiary to your National Cooperative Credit Union Ltd account. Check your beneficiary the next time you are at an NCCU Branch.

8 Financial Tips For Young Adults

To help you get started, we'll take a look at eight of the most important things to understand about money if you want to live a comfortable and prosperous life.
  1. Learn Self-Control
  2. Take Control of Your Own Financial Future
  3. Know Where Your Money Goes 
  4. Start an Emergency Fund
  5. Start Saving for Retirement Now
  6. Guard Your Health
  7. Guard Your Wealth
  8. Obtain Current Finacial Advice