The Emerald MPCS has 5 types of accounts you can open. They are (1) school fees account, (2) secondary school students’ account, (3) December savings account, (4) continuous savings account and (5) targeted savings account. The description of these various accounts are listed and explained below:
1. School fees account
The Emerald school fees account was, and is still the primary account within the cooperative. The cooperative was indeed established to enable students save up their school fees. Savings made for school fees account cannot be withdrawn. It is more like an account holder locking their deposits to ensure they no longer have access to it until they complete the savings or request for loans to complete the school fees. So, if you are using/spending your school fees in your bank account, the best place to put it is Emerald School Fees Account. To open an Emerald School Fees Account, kindly click here, fill the form and contact Emerald through the numbers below the form. Make your initial deposits along with N500 for account opening. Get added to our WhatsApp group for updates and you are done.
2. Secondary School Students Account
The Emerald Secondary School Students Account allows admission seekers to save for their admissions even before admission starts. As an academic service outfit, we believe that education should be planned and not left unattended. Recently, universities have started pegging deadlines to when admissions are accepted. Hence, after admission, you will be given a deadline to pay your acceptance and school fees. Anything makes your default, you forfeit your admission. This is where Emerald comes in. You will be able to get school fees loans to clear up your school fees to beat the deadline while you pay back within a year. Click here to read more
3. December Savings Account
Every December, you can see people who needed food items to enjoy the festive period. Others would have spent on various expenses and left with little or no cash to cater for personal and family expenditure concerning the festive period. Hence, it is imperative to save for December so that food and other petty expenses can be covered without worries. This savings is usually N1,500 weekly (Fridays/Saturdays) and N50,000 is targeted by December 10th. To join the December savings, click the link below and register, check the account below, transfer your account fee of N500 and your initial deposits. Read more here.
4. Continuous Savings Account
As the name implies, the Emerald Continuous savings account is for the generality of the students’ community. Sometimes, we have monies that we want to keep away so that we do not use it. Such monies are best kept in your emerald account. These funds are withdrawable at any point in time.
5. Targeted Savings Account
Sometimes, students want to buy laptops for their research works. Some wanted cameras, others wanted to save money to open a business/buy goods. Whatever your plans are as a student, Emerald targeted savings helps you to save for your target. So, get an Emerald targeted savings account now and start savings. Lets assist you achieve your goals.
So, here we are! Emerald Students MPCS is made for you. Get an account now and start saving.