FOSA Services

Savings Account

The Ordinary Savings Account is designed to handle all member transactions in one place, including:

  • Cash deposits
  • Loan processing
  • Dividend payments

This makes it easy and convenient for members to manage their finances securely.

Requirements to Open an Account:

  • Photocopy of a valid ID card
  • Minimum opening balance: Kshs 500
  • Dully filled and signed account opening form
  • Passport photo and signature of the applicant
  • One can open the account online through Members portal

Benefits:

  • No withdrawal limits – access your money anytime
  • ATM card available upon request
  • M-banking services available upon request
  • No charges on deposits
  • Earn interest on balances of Kshs 3,000 and above