Capital Share

Share Capital

  • Shareholder
  • Required initial deposit: Php 2,500.00 (minimum)
  • Php 50.00 Per share
  • With annual dividend
  • Monthly contribution : Php 100.00 (minimum)
  • Non-withdrawable unless membership is terminated (voluntary or death)
  • Earns dividend per annum

Savings Deposit

  • Required Maintaining balance: Php 500.00
  • Withdrawable
  • Non-withdrawable unless membership is terminated (voluntary or death)
  • Php 1,000.00 above to earn an interest rate of 0.75% per annum
Interest Rate Dividend
Monthly Build-up P100.00
  • For regular members
  • P2,500 initial deposit to earn dividend
  • P100.00 minimum deposit for monthly contribution
  • Yearly dividend

Interest Rate 0.75% Per Annum
Monthly Build-up P100.00

For regular members:

  • P500 for members in good standing (MIGS)
  • P100.00 monthly contribution
  • Withdrawable
  • Maintaining balance of Php 1,000.00 to earn an interest rate of 0.75% per annum

For Associate members:

  • P100.00 initial deposits
  • P100.00 monthly contribution
  • P50.00 maintaining balance
  • 18 years old and above
  • Maintaining balance of P1, 000.00 to earn an interest rate of 0.75% per annum
  • Withdrawable


Time Deposit Matrix
(As per BOD Reso No. 1072-021321)

10,000-250,000 1.05% 1.33% 1.61% 1.89%
above 250,000 - 500,000 1.33% 1.61% 1.89% 2.16%
above 500,000 - 750,000 1.61% 1.89% 2.16% 2.44%
above 750,000 - 1,000,000 1.89% 2.16% 2.44% 2.72%
above 1,000,000 2.16% 2.44% 2.72% 3.00%

The above rates shall take effect upon roll-over of existing time deposits and acceptance of new time deposit placements beginning April 1, 2021.

Time Deposit Guidelines
(as per BOD resolution No. 9171-022018 and BOD resolution No. 606-042120)

  1. It is open to Regular Members only.
  2. For branches with a Total Asset of:
    1. Above Php300 million – at least 1 year of membership in the coop to avail of the time deposit.
    2. Below Php300 million – a member can avail of the time deposit upon membership in the coop.
  3. Must have a Share Capital of at least Php2,500 and Savings Deposits of at least Php1,000 at the time of placement.
  4. A member is allowed a maximum of Five Million Pesos (Php5 million) only as total placement.
  5. A member with a time deposit in excess of Php5 million will no longer be allowed to roll-over the interest and principal upon maturity.
  6. Members with existing time deposits of more than Php5 million have the option to place the excess in their savings and/or share capital.
  7. Time Deposit of not more than Php5 million is renewable upon maturity based on the following options:
    1. Roll-over of Principal plus Interest
    2. Interest earned will be automatically credited to a Savings Account (Roll-over of principal only)
  8. In case of withdrawal of time deposit before maturity, the interest rate will be based on the Regular Savings rate.
  9. A member-owner must have a Tax Identification Number (TIN) to avail of a time deposit.
1 Roll-over on principal only (upon maturity, interest earned will be credited to Savings deposit account)
2 Roll-over on principal plus interest only (upon maturity, principal plus interest earned will be credited to new Time Deposit account)
3 Upon maturity of this time deposit, principal plus interest earned will automatically be deposited to my Savings deposit account
4 Monthly credit of interest on savings deposit accountfor time deposits with term 90 days and above; member-owner has the option to roll-over the principal upon maturity and in case of pre-termination, interest rate will be based on regular savings rate and any excess of the credited interest will be deducted from the total time deposit proceeds.

Please be informed that the new regular savings interest rate is 0.75% per annum effective April 1, 2021 (as per BOD Reso No. 1122-031721).