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Join as an Ordinary Member:
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Upon joining NTUC Thrift, members are required to make
an initial deposit of $20 to their Subscription Capital Account.
This Subscription Capital represents your "share" in the co-operative.
The Subscription Capital Account is paid dividend income when it is
declared by the co-operative each year. |
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To be a Thrift member, you have to be:-
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a member of any NTUC affiliated union or co-operative.
Thrift may assist you with your application to join the General
Branch Union; |
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above 18 years of age; |
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a Singaporean or a Permanent Resident; and |
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not an undischarged bankrupt or have not been
convicted of any offence punishable with imprisonment. |
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Resignation
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Members are required to give 3 months notice in writing if they intend
to resign as a member. Full redemption of the Subscription Capital is
allowed only upon cessation of membership.
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| "Thrift is committed to cultivate the good habit
of saving amongst its members. Make regular deposits conveniently with monthly
deductions via GIRO. Start with a small monthly deposit into your
savings account and watch it accumulate faster with our higher interest
rates." |
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| Click here to download the application forms. |
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