how_to_reg
Join in minutes
Become a member.
Membership makes you a part-owner of the cooperative — with a vote in how it's run, and access to savings and loan products built around your goals.
Membership types
Two ways to join
Most members join individually, but we also welcome group applications from workplaces and associations.
Individual
Individual Membership
For any eligible adult joining on their own behalf.
- check_circleOne-time share purchase
- check_circlePersonal savings & loan products
- check_circleOne member, one vote
- check_circleApply online or at any branch
Group / Workplace
Group Membership
For workplaces, associations, or savings groups joining together.
- check_circleCoordinated payroll deductions
- check_circleA named group contact person
- check_circleEach member still holds individual shares
- check_circleAsk us about a group agreement
What you'll need
Requirements to apply
Institutions applying as a group need at least 10 individual members willing to join.
One-time membership fee
K4,000
Monthly minimum — shares
K7,000
Monthly minimum — deposits
K2,000
Funeral cover contribution
K1,500
Monthly service fee
K900
FAQs
Common questions before you join
Membership is open to civil servants, teachers, small business owners, farmers, private sector employees, family members of existing members, retirees, and members of the general public who meet our basic eligibility requirements.
Joining costs a one-time membership fee of K4,000, plus a monthly minimum contribution of K7,000 to shares, K2,000 to deposits, K1,500 towards funeral cover, and a K900 monthly service fee.
Complete the application form below, or visit any branch with a valid ID, proof of income, and two passport photos. A membership officer will follow up within a couple of business days.
Loan eligibility is based on your savings and share balance, so it depends on how much and how consistently you save after joining. Speak to a loans officer for guidance specific to your situation.
Yes — shares are refundable in full when a member formally exits the cooperative, subject to the standard exit process and settlement of any outstanding obligations.
As a member-owned cooperative, the fund is made up entirely of members' own savings and shares, governed democratically by the membership and regulated by the Reserve Bank of Malawi. Ask our team for details on our specific safeguards and oversight.
Membership application
Applications are sent directly to our membership team.