Savings products & accounts
Configure savings products and maintain member savings accounts with their lifecycle and status.
Savings & deposits
Savings and deposits that stay connected to the member and the books.
Manage cooperative savings and deposit activity as a normal member financial service—connected to membership, cashiering, treasury, accounting, approvals, reporting, and the Member Portal.
CONNECTED CAPABILITY
A complete member savings lifecycle.
From opening an account to ongoing transactions and statements, the savings record remains part of the member’s connected Fortunato history.
Deposits & withdrawals
Record savings transactions and manage withdrawal review and release where required.
Interest & statements
Support savings interest processing and member statements using the account’s transaction history.
Member Portal
Allow members to view savings information and submit supported savings requests through self-service.
CONNECTED CAPABILITY
Connected financial controls.
Savings does not operate as a separate wallet or detached balance system.
Cashiering & treasury
Reuse Fortunato’s existing payment, cashiering, and treasury architecture where applicable.
Accounting mappings
Savings transactions use configured accounting mappings and journals for their financial effect.
Workflow authorization
Applicable withdrawal and savings authorization can use the shared Workflow & Approvals engine.
Audit & reporting
Savings activity remains visible through the platform’s records, audit, and reporting architecture.
QUESTIONS & ANSWERS
What cooperatives usually ask.
Practical answers about this part of Fortunato and how it fits the wider platform.
Is Fortunato Savings & Deposits a stored-value wallet?
No. It is designed as cooperative savings and deposit functionality, not as a stored-value wallet.
Can members see their savings in the Member Portal?
Yes. Fortunato supports member savings visibility and supported requests through the Member Portal.
Are savings transactions connected to accounting?
Yes. Savings uses configured accounting mappings and connected journals where applicable.