Coopital (Lekki) Cooperative Multipurpose Society Limited (CCMS) was established as a Cooperative in May
2019 and duly Registered by the Lagos State Government Ministry of Commerce, Industry & Cooperatives to
operate as a charity. The Cooperative is supervised by this ministry and guided by Bye-laws for cooperatives.

The establishment of the society was sponsored by Creditude Global Services Limited who invited individuals to make-up the foundation members of the society.

• Must be above 18 years.
• Must be of sound mind, body and spirit.
• Must be of sound character; not fraudulent nor malicious
• Provide proof of identity and address (only government issued documents accepted)
• Pay the application membership one-off joining fees broken-down as follows:
  1. Registration – N4,000
  2. Initial Share Capital – N50,000
  3. Minimum Monthly Savings – N5,000 and above
  4. Monthly Dues – N1,000
• Subsequent Monthly Financial Obligations:
  1. Minimum Monthly Savings – N5,000 (you may decide to save a higher amount or vary the amount)
  2. Monthly Dues – N1,000
• 1 passport photograph

No. Membership is open to all residents of Nigeria and in Diaspora.

• Assistance to reach their full potential for savings.
• Access to affordable loans at low interest rates.
• Access to Cooperative’s Housing Projects.
• Wealth building through a contributory savings scheme.

Once in a quarter. Meetings holds quarterly online and offline on the second Sunday of the second month of
each quarter.

Yes.

• One-off Registration fee of N60,000.00 broken-down as follows:
  • Registration – N4,000
  • Initial Share Capital – N50,000
  • Minimum Monthly Savings – N5,000 & above
  • Monthly Dues – N1,000
• Subsequent Monthly Financial Obligations:
  1. Minimum Monthly Savings – N5,000 (you may decide to save a higher amount or vary the amount)
  2. Monthly Dues – N1,000

Simply login to your membership area and pay with your card or any method available online.

Yes. Only the savings contributions and share capital are refundable while the dues are not since the monthly due
is used-up for the running of the Co-operative. Withdrawal of savings amounts to withdrawal of membership.

Yes. However, you will be required to give the cooperative a three-month notice after you must have been a
member for at least 12 months.

In the event of your sudden demise, all your contribution goes to your next of kin(s) in the ratio specified by you in
the registration forms completed by you at the point of joining the co-operative.