About Us
FUTA Academic Staff Co-Operative Multipurpose Society Limited
On behalf of the executive committee, I welcome you to the official website of Federal University of Technology, Akure Academic Staff Co-Operative Multipurpose Society Limited (FUTAASCOOPS).
The Society provides members a veritable platform to achieve personal financial goals through regular savings. Also, the Society provides low interest collateral-free credit facilities to her members so that they can achieve their career and academic goals while meeting family demands with ease.
Many members who have keyed into the opportunities provided by the Society continue to testify about laudable projects, such as housing and income generating initiatives, which they have been able to commence and/or complete with funds from the Society.
We are grateful to God who has blessed the little efforts the Executive Committee put into running the affairs of our society. As you take a tour of this website and make use of its features, we welcome your feedbacks so that we can serve you better. Thank you.
Membership
Membership is opened to academic staff of Federal University of Technology, Akure.
Administrators
It has over the years enjoyed good management from professional, efficient and transparent executive teams.
Growth
It has continue to experience growth year after year on her operations and giving support to her members.
In working together, we strive to improve economic condition of our members and to provide facilities for better living condition as well as carrying out work of common economic interest and benefit.
Prof. A. S. Oyerinde, President
Our Principles
Honesty & Transparency : Managed by team of individuals who lace vaules on their intergrity and in the discarge of their duties.
Social Responsibility : While working together to achieve greatness we also consider our environment and give support to the society.
Caring for Members : We help members achieve their developmental aspirations by giving prompt and adequate attentions to their financial needs.
Products
We have a range of products our members can subscribe to according to their financial strength.
SAVINGS PLAN
This plan is compulsory for all members, it helps us become financially secure and provide a safety net in case of an emergency.
LOANS
Credit facility in form of loans are given to members at a very low interest rates. Types of Loan includes: Normal Loan, Commodity Loan, Land Loan, Christmas/Salah Loan.
COMMODITIES
Consumable and non-consumable commodities are sold to members at competitive wholesale price.