CAPITAL CONTRIBUTION

Refers to the individual amount contributed by the members which form the capital of the Association.


A minimum amount of ₱1,000.00 should be maintained to earn income in the form of dividend. The dividend is computed based on the Lowes Quarterly Balance (LQB) and distributed annually.


A maximum of ₱5,000.00 per month from the payroll/pension of the members can be accepted as deposit.


Dividend rate for CY 2024-12% per annum.


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SAVINGS DEPOSIT ACCOUNT

This is a savings product with a minimum initial deposit of ₱100.00 that earns interest at the rate to be determined by the Board of Trustees (BOT), computed based on the Lowest Monthly Balance (LMB) compounded and/or distributed monthly.


Current Interest Rate - 2.50% per annum.


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SPECIAL SAVINGS DEPOSIT ACCOUNT

This savings product earns a higher interest rate than savings deposit account, at the rate to be determined by the Board of Trustees (BOT) computed based on the Lowest Monthly Balance (LMB) compounded and/or distributed monthly.


A maximum of ₱20,000.00 per month from the payroll/pension of the members can be accepted as deposit.


Current Interest Rate- 6% per annum.


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