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Membership Eligibility

Membership is open to:

  • Financial members of Auchi Allied Association.
  • Sons and daughters of Auchi.
  • Spouses and approved affiliates.
  • Individuals committed to cooperative principles.

What You Need

  • Completed Registration / Membership application form.
  • Approved registration and share capital fees.
  • Passport photograph (Upload online).
  • Valid Means of Identification.
  • Commitment to cooperative principles and bye-laws.
Why Join Us?

Membership Benefits

When you join, you are not just saving money — you are investing in your future and strengthening your community.

Member-owned and member-driven
Transparent governance structure
Financial empowerment within a trusted community
Collective bargaining power
A secure and structured pathway to prosperity
Democratic participation (1 member = 1 vote)
Step-by-Step

How to Join

Complete Application Form

Fill out the membership application form online or collect a physical copy from any officer.

Pay Registration & Share Capital

Pay the approved registration and share capital fees to officially become a member.

Commence Monthly Contributions

Begin your regular monthly savings contributions to build your financial portfolio.

Enjoy Full Benefits

Start enjoying full cooperative benefits — loans, dividends, welfare support, and community empowerment.

Initial Fees & Commitments

Item Amount
Registration / Form Fee (One-time) ₦5,000
Minimum Monthly Savings ₦10,000
Minimum Shareholding ₦50,000
Loan Application Form Fee ₦500
Apply Online Now
Questions & Answers

Frequently Asked Questions

Can I withdraw my savings anytime?
Savings can only be withdrawn upon termination of membership as per bye-law 8.7.4. This ensures the cooperative has stable liquidity to grant loans to members.
How soon can I get a loan after joining?
You become eligible to apply for a loan after 6 months of active membership and consistent monthly savings (bye-law 10.3).
How much loan can I get?
Except for business loans, no loan shall exceed thrice (3x) your total monthly savings.
Do I have to pay the ₦50,000 share capital at once?
No. While full immediate payment is encouraged (and qualifies you for bonus allocations if paid within 3 months), you can pay your share capital in installments over a period of 6 months.
What happens to my funds if I die?
Every member must declare a Nominee (Next of Kin) during registration. In the event of death, all accumulated savings, shares, and dividends (minus any outstanding liabilities) are paid directly to your registered Nominee.
Who can join the cooperative?
Membership is open to financial members of Auchi Allied Association, sons and daughters of Auchi, spouses and approved affiliates, and any individual committed to cooperative principles.