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The co-operative currently has funds/cash resources in excess of what is required to fund our existing business operations.
Given this liquidity position, we regret to announce that our Board rates will be reduced accordingly. With effect from 31st January 2012 the cooperative shall not accept fresh fixed deposit placements or process/open all types of savings accounts.
We are grateful for your support and seek your understanding of present circumstances.
Please contact us for any clarification you may require.
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