Cooperatives
Members, savings, shares and lending under one member record.
Deposit-taking capabilities activate only for institutions licensed to run them. Savings, shares and credit exposure resolve to the same member, so committees see one consolidated position.
Outcomes
What this looks like in operation
Savings and deposit products with minimum-balance and overdraw rules enforced in the database
Member shares and contributions tracked alongside credit exposure
Teller desk transactions posted straight to the general ledger
Guarantor and next-of-kin linkages recorded on the member file
Capabilities activated
Only the modules this institution type needs
Membership
- Members
- Shares
- Contributions
- Linkages
Deposits
- Savings products
- Teller desk
- Transfers
- Interest
Credit
- Loans
- Collateral
- Guarantors
- Repayments
Workflow
End-to-end, with an audit trail at every step
Member
Registry
Savings
Teller
Loan
Application
Security
Collateral
Accounting
Journals