Deposit

Open to all regular and associate members of the cooperative


 

REGULAR SAVINGS DEPOSIT

  •   Minimum deposit to earn interest P1,000.00
  •   Interest Rate – 1.50% per annum

TIME DEPOSIT

  •  Minimum deposit – P5,000.00
  •   Interest Rate – from 3.50% – 5% per annum
  •  Term – 3 months, with automatic roll-over option

SHARE CAPITAL

  •    Minimum share capital – P1, 000.00 up to a maximum of P50, 000.00 per member.
  •    Interest earned shall be distributed after the General Assembly.

Time Deposit Rate

Amount Bracket % per Annum
5,000  – 99,000 3.50%
100,000 – 199,999 3.75%
200,000 –  299, 999 4.0%
300, 000 – 399,000 4.25%
400, 000 – 499,999 4.5%
500, 000 – 599,999 4.75%
600, 000 – up 5.0%

Saving Deposit Rate: 1.00%

Effective: May 1, 2015 (TD);

September 1, 2017 (SD)

Note: Withdrawal of Share Capital is tantamount to withdrawal of membership.