
Savings Deposit Account
A deposit alternative for members whose Capital Contribution Account is already beyond the maximum limit.
Features:
- Type: 002 Red Passbook
- Earns interest at 3% per annum, TAX FREE!
- Minimum maintaining balance is ₱100 and has no maximum limit
- Interest is computed based on Average Daily Balance (ADB) and posted at the end of every quarter
- Regular and Associate Members maintaining joint accounts can apply for Survivorship Agreement