spar KEP

Saving opportunities

The main goal of KEP is to promote saving and provide members with an opportunity to invest in the Credit Union. Therefore, KEP makes a variety of accounts available to choose from and thus meet short and long term savings demands.

Deposit Account

KEP’s Deposit Account is a savings account that gives you the flexibility to make deposits and withdrawals when necessary.

The interest on this account is 1.25% per year, which is a better alternative as compared with other financial institutes. In addition, KEP does not charge administrative fees, which makes this savings account the most attractive in Curaçao as far as short-term investment is concerned.


You can start an Investment of a minimum amount of as low as 1000 guilders at an attractive annual interest and for a one-year term.

This implies that during this period the amount is not accessible to you. If, after one year, you do not need the amount, your investment is automatically renewed for an additional year.

Youth Savings Plan

Also minors between 0 and 18 years of age can save at KEP. A member can introduce a child, relative or acquaintance below the age of majority.

A deposit account will be opened for the child/relative/acquaintance at an interest of 3% per year. Each youngster will receive a 3% bonus if he/she has saved every month during 2 consecutive years and has not made more than one withdrawal per year. A minimum monthly amount of 5 guilders can be saved up to a maximum of 250 guilders per month.