DCCCO Savings Passbook
  Share Capital

  • Capital contribution of a member to become a full-fledged member;
  • Minimum deposit is Php 1,000.00, this is the basis for
    loan;
  • Cannot be withdrawn unless member withdraws or a
    member is terminated for a cause;
  • No fixed interest rate because it is based on the net savings given at the end of the year as dividend and patronage refund.

 
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 In DCCCO, WE CARE . . .
DCCCO Savings Passbook   Regular Savings

  • average daily balance to earn interest - P1,000.00
  • minimum required for MDAB purposes at the time of death – P500.00
  • earns interest of 2.5% per annum (HIGHER than BANKS)  computed monthly compounded   quarterly
  • TAX FREE
DCCCO ATM Card   ATM Savings
  • average daily balance to earn interest – P 1,000.00
  • minimum required for MDAB purposes at the time of death – P500.00
  • balances falling below P 500.00 is charge service fee of P5.00
  • earns interest of 2.5% per annum (HIGHER than BANKS)  computed monthly compounded quarterly
  • TAX FREE
  Equity Savings

  • average daily balance to earn interest - P1,000.00;
  • can be used for loaning purposes if the share capital/fixed deposit reaches to PhP 20,000.00
  • non-withdrawable unless member’s loan is fully  paid or for full payment of loan
  • TAX FREE
  Time Deposit
  • minimum deposit of P5,000.00 for minimum placement of 30 days. Interest is 3.5% - 5%  per annum depending upon the amount of deposit and the inflation rate.
DCCCO Kiddie Savers Club    Kiddie Savers
  • for kids 13 years old and below
  • with rewards for highest depositors
  • can avail of the scholarship program, MDABF & medical/dental care benefits
DCCCO Teen Savers Club   Teen Savers

  • for teens aging over 13 to 17 years old
  • same terms as Kiddie Savers