ncsl offers its members a smarter and easier alternative to banks and other deposit-taking institutions. Smarter because there is more than one way to save and easier because we provide a friendlier, personalised and more accessible service for our clients.
In 2004, ncsl had 18,164 members and this has grown significantly over the last 15 years where the membership is now well over 130,000 contributors nationwide.
ncsl has led the other savings and loan societies in Papua New Guinea (PNG) through consistent membership growth and introduction of innovative services to improve and enhance customer service for the convenience of its members. It continues to provide attractive savings and loan products which are reviewed annually by Management to ensure our product offering is suitable and affordable to meet short term financial needs of its members.
As a member of PNG’s Federation of Savings & Loan Society (FESALOS), ncsl’s mission is to improve the quality of our members’ lives through security, returns, services and product range we offer.
Annually, ncsl averages a 5.5% interest yields on member’s savings accounts