• How is the dfcu Investment Club governed?

    Governance of an investment club is key to its long term survival. We encourage investment

    Clubs to formulate a set of rules and regulations (called “by- laws”) which are mutually agreed

    by all members. dfcu Bank has developed a generic set of by-laws that cover most of the

    areas of interest for any investment club. It is available at all dfcu branches at no cost.

    However, members are encouraged to amend it to suit the clubs’ specific needs, preferably

    with the advice of a lawyer.

  • Where can I get potential Investment Club members from?

    You don’t have to look far from your social circles; workmates, peers, friends and family

    members, are often some of the best circles to consider when starting an investment club.

    This ensures that the ties that bind the partners are deeper than just business.

  • What is the minimum opening balance for an investment club?

    The minimum balance is UGX. 50,000.

  • How many people can form an investment club?

    A dfcu investment club can be started by a minimum of four people, with the same business

    Goals/aspirations. That is very important in maintaining the focus as the group forges ahead.

  • What is a dfcu Investment Club?

    This is a program that was started by dfcu Bank that brings together a group of people with common business interests and ambitions. The aim is to pool funds together to the completion of the common goal in a far shorter time period than would be the case if each member acted individually.

  • Can I get any other insurance product through dfcu Bank?

    Yes, you can. You can get any insurance products including motor insurance, fire and burglary, domestic insurance cover to medical insurance, life insurance and property insurance.

  • Is there a difference between Insurance and bancassurance? What does bancassurance mean for the customer?

    No, there is no difference between Insurance and Bancassurance. Bancassurance simply means that you can now access insurance through dfcu Bank. Simply put, it is insurance bought through your Bank.

  • What are the benefits of Insurance?

    Insurance provides a means to protect your wealth and prevent you sliding into a lower income bracket.

    Think about a parent, who saves money in a trust fund every month to secure their children’s future:

    • How long would they need to save to have sufficient funds?
    • What would happen if they weren’t around long enough?

    Insurance provides a solution for most for all who have not acquired sufficient wealth to secure our own future and that of our loved ones.

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