CMFB Target Savings (CTS):
This account is meant for meeting a targeted financial need of the saver eg marriage, Xmas, Sallah, Pilgrimage, graduation/freedom etc. it has the following features:
- A minimum regular savings of N00 per day, N3,000.00 per week N10,000.00 per month
- Interest at 6% per year
- Can be used as collateral for loan
- Additional interest rate of 2% per year is payable if no withdrawal is made in one year.