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Dear Co-op, Here is My 10 Year Journey with YEA Account

BY Soko Directory Team · June 25, 2019 01:06 pm

I joined Co-operative bank immediately I cleared high school, did not even know where I would get the money to deposit in my new year account but they had this account for students that my cousins made so cool to have that I did not want to miss out.

I had acquired my Identity Card (ID) in secondary school so opening a bank account immediately was not such hard. It took me 15 minutes.

I got my YEA account up and running with the first 200 shillings, I had with me with the hope of saving my way to a millionaire if not a billionaire. YEA account is a student account, very friendly, that I must mention and with reasonable charges.

For anybody starting out in life, this is the ticket to realistic saving; it does not sip on your saving with a myriad of transactional charges.

YEA Account Charges are as follows:

  • Minimum Opening Balance – Nil
  • Minimum Operating Balance – Nil
  • Discounted Bank cheques for fees paid for account holders only
  • Debit Card- 550 shillings

I have had my YEA account for more than 10 years and never have I felt obliged to open any other account.

Well, I once had a scenario that got me lost as I got so used to using my visa card that I forgot my signature. My visa card expired and in my lack of awareness, thought the card had been damaged.

I resided in Nairobi at the time and visited one of the Co-operative branches in the Central Business District.

I was told I had to go back in Meru to change my signature and so as to pick my ATM card, scared I would always have to cover the long distance whenever I need some of these services, the friendly teller told me all I needed to do was fill a form requesting my account to be transferred to my branch of choice.

I visited Meru and did as requested, five years since I made that trip; my branch is now at my place of choice and I can easily pay for goods and services at my comfort, thank you to my YEA account from Co-operative bank.

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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