We promote a savings and investment culture while providing affordable credit for the enhancement of the economic and social welfare of our members and other stakeholders

+ 254 (020) 5006060

info@kingdomsacco.com

Empower House, Githurai 45, Thika Road

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Kingdom Sacco Society Limited

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FOSA accounts

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FOSA Accounts

Front Office Service Activity (FOSA) Accounts at Kingdom SACCO offer members a wide range of banking services similar to those provided by mainstream financial institutions. These accounts are designed to give members convenient access to their funds while enjoying SACCO benefits like affordable credit, interest-earning deposits, and personalized service.

Types of FOSA Accounts:

  1. Savings Account
    Our FOSA savings account provides members with a secure place to save money while earning interest. Members can deposit or withdraw funds anytime, making it a flexible option for managing daily finances.

  2. Current Account
    The FOSA current account is perfect for members who require frequent access to their funds, including issuing cheques. This account allows you to handle your financial transactions smoothly and efficiently, whether for personal or business purposes.

  3. Fixed Deposit Account
    For members looking to grow their wealth over time, our fixed deposit account offers a safe and reliable option. Lock in your funds for a set period and enjoy higher interest rates with guaranteed returns.

  4. Salary Processing Account
    Kingdom SACCO’s salary processing account allows members to receive their salaries directly into their FOSA account. Enjoy easy access to your earnings, and manage your funds through withdrawals, transfers, and other transactions.

Key Features of FOSA Accounts:

  • Mobile Banking: Access your FOSA account anytime, anywhere through our mobile banking platform. You can check your balance, transfer funds, and even pay bills directly from your account.
  • ATM Services: Enjoy the convenience of accessing your funds through ATMs countrywide, making it easier to manage your money.
  • Loan Access: With a FOSA account, you can quickly apply for loans and get approval based on your account’s standing and savings history.
  • Interest Earnings: Save with us and earn competitive interest on your deposits. The more you save, the more you earn.
  • Convenient Deposits and Withdrawals: Whether you’re making cash deposits at a branch or transferring funds electronically, FOSA accounts are designed for hassle-free banking.

Benefits of FOSA Accounts:

  • Flexibility: Manage your finances with ease through convenient deposits, withdrawals, and online transactions.
  • Security: Your funds are held securely, and you can access your money when you need it.
  • Affordable Banking: Lower fees compared to traditional banks and competitive interest rates on savings.
  • Access to Loans: Your FOSA account also acts as a gateway to accessing SACCO loans at favorable rates.

How to Open a FOSA Account:

  1. Complete an Application: Visit any of our branches or download the FOSA account application form from our website.
  2. Provide Identification: Submit a copy of your ID or passport, along with the completed form.
  3. Make an Initial Deposit: Deposit the required amount to activate your account and start enjoying the benefits immediately.