Welcome to PGW-GH Credit Union
WE HELP TO GROW YOUR Longrich Business...
Our members grow their Longrich business through prudent savings and accessibility to flexible funding facilities for their Longrich business as they grow in their business.
Welcome to PGW-GH Credit Union
Our members grow their Longrich business through prudent savings and accessibility to flexible funding facilities for their Longrich business as they grow in their business.
Shareholder – Become a shareholder
Leadership Right – Position (board, loans and supervisory committees) through democratic election
Voting Right – Take part in decision making through voting
Earn on Saving – get value for savings through discounts on loans or interest on savings
Dividend – As a shareholder, you share in annual profits.
Accessibility to Funding -Get access to funding to build your Longrich business and qualify for incentives with ease
Working Capital Support for Stockist – We give well structured Longrich Stockist the opportunity to earn as Agency of the Credit Union to earn commissions and and increase their Longrich team building potentials to earn more.
Promotions & Incentives – Enjoy credit union Longrich related incentives and promotions
Bonus – Receive your Longrich commissions and incentives through mobile money or other payment platforms either than traditional bank portal
Unlike the traditional banks, Credit Unions are owned by the members they serve. This means that any profits can be given back to credit union members in the form of lower fees and higher savings rates.
Members of the Credit Union can get to realise their Why for starting their Longrich business with ease and these may include acquiring your car incentives, laptops, mobile phones, scholarships, sponsored travels for vacation, building your dream houses, rank advancement incentives, funding to purchase bulk products for supplies to your customers (especially during special promos) and many more..
Credit Union members have similar interests (known as a common bond) and work closely together or are involved in a common organization.
Members generally enjoy being a part of a financial institution that focuses on the needs of consumers just like them.
PGW-GH Credit Union is focused on serving the interest of Longrich members. This implies that our products will be focused on the business growth and welfare of Longrich distributors which is not the focus of the traditional banks and other financial institutions.
Product designs will therefore be focused on meeting the dynamics of the Longrich business now and the future.
Unlike banks, strategic decisions are made by the members who are the owners of the Credit Union and these decisions are implemented by elected officers of the Credit Union.
Only members of the Credit Union are entitled to contest for election into office.
These offices are:
1. Board Members (Responsible for the day-to-day running of the union)
2. Loans Committee (Responsible for loan administration)
3. Supervisory Committee (Responsible for policy enforcement and compliance)
When you’re a credit union member, you get to vote on important credit union decisions, including the selection of credit union board members. That’s because when you become a member, you also become a co-owner of the credit union.
As a member, you have a say in how the credit union is run, and benefit from those decisions.
Credit Union members are ownere of the organisation. As owners of the organisation, members provide the capital for running the union through the acquisition of shares, hence profits are shared to the members as dividend on the basis of your share holding. The higher your shares amount, the greater portion you earn as dividend when profit is shared.
Credit Unions are regulated by the Department of Co-operatives (DoC) and affiliated to Co-operative Union Association (CUA) of Ghana.
PGW-GH Credit Union is affiluated to CUA.
The regulators requires their members to security deposits to insure members deposits and loans:
1. Security Guarantee Depsoit which guarantees members of their deposit and
2. Loan Insurance premiums to cover all loans which are more than the savings deposit of the member.
PGW-GH Credit is compliant and will remain compliant to these regulatory requirements and future requirements.
Lower fees and higher interest rates on savings are just a few of the advantages of saving with a credit union.
BANK NAME: ECOBANK
BANK ACCOUNT NAME : PGW-GH CO-OPERATIVE CREDIT UNION
BANK ACCOUNT NUMBER : 1441002366714
BANK BRANCH : OKPONGLO
REFERENCE: INDICATE YOUR NAME/LONGRICH MEMBERSHIP NUMBER
OR FOR TRANSACTIONS VIA MTN MOBILE MONEY SEND MONEY TO:
PGW CO-OPERATIVE CREDIT UNION: 0559258692
Kindly forward proof of payment via email to pgwcreditunion@gmail.com