| Products & Services
Regular Savings
Interest bearing deposit account evidenced by a savings passbook which always be presented to the Bank when depositing or withdrawing from the account.
| Features
a) The required initial deposit is P500.00; maintaining balance is P100.00; required Average Daily Balance (ADB) to earn interest is P3,000.00.
b) For US Dollar Savings Deposit, the required initial deposit and maintaining balance is $100.00. |
Business Savings Accounts
These are Savings Deposit that offers high interest in form of bonus rate provided that the average daily balance (ADB) level for each type is met.
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a) The required initial deposit is P500.00; maintaining balance is P100.00; required Average Daily Balance (ADB) to earn interest is P3,000.00.
b) For US Dollar Savings Deposit, the required initial deposit and maintaining balance is $100.00. |
Flexi Savings
Is a deposit account, which offers a premium rate provided that no withdrawal is made over a period of time.
| a) The required initial deposit is P100,000.00 and the minimum incentive period is 60 days.
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Current Accounts
A non-interest bearing peso demand account.
| a) Initial deposit and maintaining balance for regular CA is P5,000.00;
b) A reciprocal savings account may be opened with Automatic Fund Transfer Arrangement (AFTA). Initial deposit and maintaining balance for CA with AFTA is P2,000.00
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Time Deposits
Are funds deposited in the bank with definite maturity date, earn interest and evidenced by a Certificate of Time Deposit (CTD) issued to the depositor
5-Year Time Deposits
Are long term non negotiable tax-exempt Time Deposits evidenced by a (CTD) issued to the depositor
| a) Minimum required deposit is P5,000.00. Rates to be applied shall be in accordance with Board Rates;
b) For US Dollar TD, minimum required deposit is $100.00;
c) TD placement less than 30 days shall not be accepted;
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