Connecting all your
co-operative banking needs
Choose from our range of products and services.
Savings Accounts
We open savings accounts for our members, in the name of each member, into which that member may deposit or withdraw money and from which that Member may instruct the Co-operative to transfer or pay money.
Loans
We offer secured and unsecured loans to members of our co-operative comparable with any bank registered in terms of the Banks Act,1990 or as approved by the Prudential Authority. We put the needs of our members first.
Stokvel
Our members are part of a Stokvel that matures at the end of each year. We contribute R200 every month and at the end of the year, we get our monies back with interest.
Co-operative Banking
- About BOS Cooperative Financial Institution (CFI)
- Our Expertise
- How we Serve
- Who we Serve
- Our Values
Nothing is impossible. We can help you achieve your goals!
Ours is the ONLY banking co-operative which endeavours to ensure that Soweto residents (members/clients) will be engaged by professionals who have their interests at heart, being born and raised within the community. Find out more about our approach and what it means for you
Find the product that’s right for you. Explore the benefits.
Get the financial freedom you deserve. Among our members there are cross-disciplinary experts who have studied in co-operative Institutions both inside and outside South Africa; which has seen less use such co-operatives; and yet are born and bred in Soweto, the merger of their knowledge and background is unique and will be an asset to both clients and members.
Bank of Soweto is owned and managed by it’s members.
At Bank of Soweto, there are no clients, only members.
This means that when you join Bank of Soweto you become a member and not a client.
Monthly Meetings: Members meet once a month to discuss issues around the CFI.
Our Members
People who reside in Soweto
or
People who have family in Soweto
or
People who work in Soweto
“Together with us, your dream is attainable”
We take our economic livelihood as our own responsibility. “Together with us, your dream is attainable” At BOS Cooperative Financial Institution (CFI), we strive to promote and advance the social and economic welfare of our members by enhancing access to financial services under sustainable conditions through providing banking services in accordance with the provisions of the Co-operative Banks Act, 2007, as amended from time to time.
BOS Cooperative Financial Institution (CFI)
Join our growing membership and simplify your co-operative banking. Discover quick, simple, and convenient ways to take command of your finances. Contact us today to learn more about how we can help you meet your financial objectives.
