Become a Member
Buy the minimum GH¢700 in shares and save at least GH¢100 every month.
01
Building financial independence, together.
GRACCU is the member-owned credit union of Ghana Revenue Authority staff. Since 1997 we have helped members save, borrow and acquire property on fair, co-operative terms.
Three ways in
Join GRACCU Today
Join GRACCU today and become a part of our Happy Family.
Apply for a Loan
Borrow after six months of regular savings, depending on your shares and savings.
02
Grow your Savings
Earn interest twice a year, or lock in a fixed deposit from GH¢5,000.
03
A co-operative built to last
Owned by its members and run by elected committees. These figures come from GRACCU's Profile and Operational Policy.
Serving members since
Registered within the former Internal Revenue Service
1997
Members at integration
When the revenue agencies became the GRA
1,100
Assets at integration
Total assets when the GRA was formed
GH¢1.1M
Board of Directors
Sets policy, mobilises resources and invests
10 members
Supervisory Committee
Internal audit, reporting to members at the AGM
5 members
Loans Committee
Approves loans and meets at least twice a month
5 members
Services & Products
Our Services & Products
A full range of financial solutions designed for GRA staff and their families built on co-operative principles and transparent pricing.
Members' Savings
Save from GH¢100 a month and keep a minimum balance of GH¢300. Interest is paid on your minimum balance, worked out twice a year in June and December.
“GRACCU is a member-owned, non-banking financial credit union. Our mission is to offer competitive financial and property acquisition services to our members, so as to improve their standard of living and sustain our long-term viability.”
“Members' savings are safeguarded, and every deposit is managed prudently and profitably.”
Integrity
Our values
“Every member is a co-owner, and every shareholding member has an equal vote.”
Member first
Our values
“An elected Board, Supervisory Committee and Loans Committee work together on members' behalf.”
Teamwork
Our values
Our mission
Ghana Revenue Authority Co-operative Credit Union
At a glance
Key figures from GRACCU's Profile and Operational Policy.
| No. | Entry | Amount |
|---|---|---|
| 01 | Minimum shares to become a member | GH¢500 |
| 02 | Minimum monthly saving with a minimum balance of GH¢300 | GH¢100 |
| 03 | Fixed deposit from for 91, 182 or 365 days | GH¢5,000 |
| 04 | Commercial/Normal loans repaid over up to 36 months | Talk to us |
“Dividends are declared only after interest on members' savings has been paid, and members approve them at the Annual General Meeting.”
Share dividends
Profile and Operational Policy
“All share-holding members have equal voting rights, whatever the size of their shareholding.”
Voting rights
Profile and Operational Policy
Our people
Our Leadership
The members who steward the co-operative on our behalf — elected from the GRA staff we serve.
Ready to join GRACCU?
Buy GH¢700 in shares and save from GH¢100 a month. After six months you can borrow, and you share in dividends and welfare benefits as a co-owner.
