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SAVINGS

 

We offer savings with high interest comparing to any Financial Institution. Our products & services is designed for the benefit of each members of the Cooperative. This equally served benefits must be Controlled, Operated, Owned,and Patronized by the members.

Cordova Catholic Cooperative School Saving & Credit Offers the Following Products and Services.

· Regular Savings Deposits – with a minimum of annual interest of 4.10% posting monthly.

 

· Special Savings Deposits— A kind of savings that can only be withdrawn upon its maturity period.

 

· Time Deposits— We offer the best interest for Time Deposits. With a minimum of 25,000  deposited for a year has an interest rate of 10% per annum.

 

· MHAB/MDAB Program—  A kind of program that helps each members on financial assistance for Hospitalization and Death.

 

CREDIT

 

What is Credit?

A provision of money, goods or services with the expectation of future payments. (Merriam-Webster Dictionary 2012)

 

5 C’s of Credit

1. Capital

2. Character to pay

3. Capacity to pay

4. Collateral

5. Condition

 

We offer Loan products and every member

 have the privileged to secure Loans.