More about OGCCU LTD

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Corporate profile

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Oil & Gas Co-operative Credit Union Ltd. was incorporated on 18th march 2018, to provide financial services to its members. It's affiliated to the parent organization, thus the Credit Unions Association (CUA) .OGCCU Ltd have membership of BOST staff, Bulk Distribution Companies (BDCs), Oil Marketing Companies(OMCs), and community members in the catchment areas in which the credit union operates.

 

Our Objectives

Oil and Gas Credit Union Ltd. is a financial Co-operative institution with these objectives:

To promote thrift among its members by providing a means of savings.

To provide loans to its members for provident or productive purposes at fairly low but competitive rate of interest.

To provide quality financial services to its members.

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Why Save With OGCCU Credit Union?

• Opportunity to join a happy family

• Good interest on savings

• Prompt loan delivery

• Lowest interest rate on loans in the Country

• Highest dividend paid on shares in the country

• Strong growth potential

• Experienced and dedicated team – Staff, Management Board and other committees namely:

  • Loans Committee

  • Supervisory Committee

  • Education Committee

 

Our Products

Our products include:

• Savings

• Shares

• Loan

• Kiddy Account

• Other remittances

 

 

Our Vision

 

 To be among the best Credit Unions in Africa.

 

Our Mission

Provide quality financial services to our members.

 

Core Values

• Accountability

• Member Satisfaction

• Long term sustainability

• professionalism

• Integrity

• Trust

 

Qualification of Membership

Membership is open only to persons within the following common bond:

Employees of the BOST and resident in the catchment area of the union.

 

A good member must

• Save regularly

• Repay all loans with interest

• Attend Annual General Meetings