Welcome to our Prosperity Suite of Savings – our savings and investments portfolio. As a family, we are passionate about your prosperity! Whatever your financial need, we are there for you!

On opening your account with the COB Credit Union, you will receive two default accounts – Prosperity Shares and Prosperity Deposits.

See our range of accounts below.

Prosperity Shares

A Shares account guarantees your membership with the City of Bridgetown Co-operative Credit Union. Having a Shares account allows you to vote and make decisions that influence the way the organisation progresses and develops.

  • Dividends are paid on your shares account as declared at the AGM.
  • $50.00 is held on the Shares account to maintain membership with the Credit Union

Prosperity Deposits

A Deposit account is our basic savings account, on which interest is paid quarterly.

  • Attractive interest rate!
  • No monthly fees
  • No minimum balance

 

Please Note: Interest rates on products may change subject to market conditions.

Prosperity Enhancer

Are you looking to make serious strides toward your long-term financial goals? The Prosperity Enhancer account is for you.

If you can commit to saving between $200 and $500 a month, you can benefit from:

  • An attractive interest rate which is calculated on average monthly balances and paid quarterly.
  • A maximum of four (4) withdrawals per year.
  • Qualification for a Line of Credit after 12 months of consistent saving.

 

* Withdrawals exceeding the prescribed limit will incur a penalty.

Prosperity Securer

Designed exclusively for people who are 50 years and over, the Prosperity Securer account allows you to live your life like its golden.

  • Account starts with a minimum balance of $4,000
  • Attractive interest rate!
  • Interest is calculated on the minimum average balances and paid quarterly
  • Automatic access to our ‘Special Service’ line
  • No service charges

Prosperity Earner

If you can invest a fixed sum of money for a specified period – the Prosperity Earner is a great choice! the periods are 6, 9, 12, 24 or 36 months. With this account, funds can be transferred into an investment instrument for a major project!

  •  Account starts with a minimum of $2,000
  • Attractive interest rates!
  • Interest will be paid on the amount invested at the end of the specified period
  • Funds can be used as security for loans and this does not impact the interest accumulated

At maturity, the options available are outlined below:

  1. Re-invest the funds in another fixed deposit
  2. Transfer the funds to another savings product from COB

Prosperity Pinnacle

Are you a professional looking for a flexible way to get the most out of your savings? The Prosperity Pinnacle account is for you.

  • Account starts with a minimum deposit of $3,000
  • An attractive interest rate.
  • Unlimited deposits at any time.
  • The option of using funds as security for a loan without compromising the interest earned.
  • Up to three (3) withdrawals per quarter.
  • A  maximum investment term of just 365 days.