Types of Deposits
SAVINGS DEPOSIT
REGULAR SAVINGS DEPOSIT
An interest-bearing account which allows for deposits and withdrawals any time. This account is steady, free from wide fluctuation and requires low cash reserve position.
For Individual/Cooperative Members, Cooperative and Corporate Account
With initial deposit and maintaining balance of P 500.00 (individual) and P 5,000.00 (Cooperative/Corporate Account)
With Passbook and Statement of Account
JUAN SAVINGS DEPOSIT (Basic Savings Deposit)
Savings Account intender for the financial inclusion of the unbanked individuals to received and/or make payments with ease of accessibility, convenience and reasonable cost.
With initial and maintaining balance of P 100.00
With Passbook and Statement of Account
KIDDIE SAVINGS DEPOSIT
An interest-bearing account for minors aging 7 years old to 17 years old
Initial deposit and maintaining balance of P500.00
With Passbook and Statement of Account
COMPENSATING SAVINGS DEPOSIT (INDIVIDUAL)
For Individuals with loan with the Bank
Initial deposit and maintaining balance of P500.00
With Passbook and Statement of Account
COMPENSATING SAVINGS DEPOSIT (COOPERATIVE / CORPORATE)
A regular savings accounts for cooperatives that are attached to a loan with One Cooperative Bank
Initial deposit and maintaining balance is required on the Loan Approval/Agreement
With Passbook and Statement of Account
CHECKING DEPOSIT
REGULAR CHECKING (RCA 1-Individual)
A Regular non-interest-bearing checking account for individuals; however, if the Individual depositor is a member & a Preferred Shareholder, interest applies on ADB as defined
With initial deposit and maintaining balance of P 1,500.00
REGULAR CHECKING (RCA 1-Corporate/Cooperative)
A regular non-interest-bearing checking account for member cooperatives
With initial deposit and maintaining balance of P 10,000.00
SPECIAL CHECKING (RCA 2-Individual)
A special interest-bearing checking account for individuals
With initial deposit and maintaining balance of P 10,000.00
SPECIAL CHECKING (RCA 2-Corporate/Cooperative)
A special interest-bearing checking account for member cooperatives
With initial deposit and maintaining balance of P 20,000.00
TIME DEPOSIT / SPECIAL SAVINGS DEPOSIT
VIP ACCOUNT
A high-yielding special savings deposit account with a shorter term of one year or less or in variable terms Initial and minimum deposit of P50,000.00
Subject to 20% Final Withholding and Documentary Stamp Taxes. Waived if with Tax Exempt Cert.
Interest Rate Over 360 days
Note: Arrangement can either be on rollover agreement or renewal, where interest earned is credited to a settlement/CASA account of the depositor or to designate as agreed upon placement
With Passbook and Time Deposit Certificate
VIP - IC ACCOUNT (Individual/Corporate)
A high-yielding special savings deposit acct with longer terms and intended for non-cooperative individual members or corporations.
The depositor can enjoy a withholding tax-free interest income, and the bank will shoulder the cost of documentary stamp tax for the placement if the placement is held for an uninterrupted period of 5 years + 1 day
Initial and minimum deposit of P50,000.00
Term of Placement is 5 years + 1 day - Interest Rate / Pricing is based on ALCO published rate - Interest Pricing. The Interest is computed monthly and credited to a settlement or CASA account of the depositor at an interest base of 360 days.
Note: The principal amount is renewed monthly
With Passbook and Time Deposit Certificate
VIP - C ACCOUNT (Cooperative)
A high-yielding special savings deposit account with features that are similar to VIP Individual/Corporate Accounts, but this one is exclusive for member cooperatives only
Initial and minimum deposit of P1,000,000.00
Term of Placement is 5 years + 1 day - Interest Rate / Pricing is based on ALCO published rate
Computed monthly and credited to a settlement /CASA account of the depositor. The principal is renewed monthly
With Passbook and Time Deposit Certificate