Save your upkeep with dfcu bank for assured employment upon graduation

While at campus, it is all fun and games as you ace those courseworks, tests and end of semester examinations until it actually hits you that there is no assured job once you graduate- even with a healthy CGPA. The only sure way to get employed immediately after campus is by starting up a business and what better way to do that other than saving part of your upkeep?

That 50k (or plus) you spend every weekend at Panamera or Legends can be a step closer to an assured future.

The great news is that DFCU bank has introduced the “dfcu Investment Club” to help you and your friends start up a joint savings account.

The dfcu Investment Club is a group of 4 or more people who pool their money to save for future investments.

If you have that viable start-up you plan on starting with your friends immeidately after graduation, with just shs50,000, you and your friends can join the dfcu Investment Club- and stand a chance to win over shs5,000,000 for your start-up.

How to start

• Share the idea to start a club with potential members.
• Propose the amount to be saved.
• Discuss on how to formalise the club.

Circulation of Bylaws & Election

• Bylaws are circulated to members to review.
• Elect committee members & account signatories.
• Committee proposes at least 4 names for their club.

Review of Bylaws

• Review of bylaws by committee members.
• Members engage a lawyer for further guidance if needed.
• Members pass on proposed names for cross-reference & reservation by lawyer with registrar.
• Club president calls for a general meeting.

Signing of Bylaws

• Members sign the amended by laws and submit to lawyer to register with the registrar of companies together with the following docs.
• Registration of resolution to open an account in dfcu
• Registration of bylaws
• Open an Investment Club account with dfcu bank.

Benefits of joining the dfcu investment club

• Earn interest of 3.5% to 6.5% dependant on balance
• The club can borrow up to 150% of its savings after six months of consistent savings.
• Investment and business forums
• Financial literacy sessions
• Club clinics
• Networking amongst clubs

Click here to join now.