Deposit Services

Savings Account (SA)

An account maintained by our depositors for the purpose of accumulating funds over a period of time. Funds deposited in a savings account may be withdrawn only by the account owner or a duly authorized agent, or on the owner’s nontransferable order. The account may be owned by one or more persons or a corporation. Earnings are in the form of interest automatically credited to the depositor’s account quarterly.

Initial Deposit

Regular Savings : Php 1,000.00

Pensioner : Php 100.00 - Request FORM from SSS & SSS ID (photocopy)

Requirements

Any Two (2) valid ID’s

2pcs (1x1) recent ID pictures

Proof of Billing / Brgy. Clearance

Auto-Transfer Account (ATA) - Business Checking Account

A deposit account which automatically allows the transfer of funds from savings to a checking account. An automatic transfer service account can transfer funds to ensure that a checking account maintains a minimum balance, or to ensure that enough funds are available to cover a check. Funds are deposited and are available for withdrawal at the discretion of the depositor. The withdrawal of funds from the account does not require contacting or making any type of prior arrangements with the bank as long as the account balance is sufficient to cover the amount of the withdrawal, and the withdrawal takes place in accordance with procedures set in place by the bank, the funds may be withdrawn on demand.

Initial Deposit

Php 5,000.00

Requirements

Any two (2) Valid ID’s

4pcs (1x1) recent ID picture

Barangay Clearance

Business Permit, DTI, Registration with SEC & Mayor’s Permint

Proof of Billing

Power Savings Deposit (PSD)

High interest-bearing savings deposit with a specific maturity. Withdrawals shall only be made on its maturity date. But if withdrawals are made before the term ends, a penalty will be deducted from the supposed interest for a particular term. The interest rates change from time to time as dictated by the market.

Initial Deposit

Php 10,000.00

Requirements

Any Two (2) valid ID’s

2pcs (1x1) recent ID pictures

Proof of Billing / Brgy. Clearance

Deposits are insured by PDIC up to P1,000,000 per depositor