SPECIAL SAVINGS DEPOSIT (SSD)


An amount deposited by the members of the Association but does not form part of the Capital. It shall earn interest computed based on the prevailing rateas determined by the Board of Trustees.

ELIGILIBILITY

 open to all members of the PCGSLAI in good standing.

FEATURES

 Minimum Deposit     -    PhP 100.00

 Maximum Deposit per memberbr     -    PhP 2.0 M aggregate sum of all SSD accounts

 Maximum Account per member     -    Two (2) SSD accounts only

 Interest Rate     -    5% per annum or at rate to be determined by the Board of Trustees

 Interest    -     computed based from Average Daily Balance
FEES AND OTHER CHARGES

 LOST PASSBOOK FEE - P200

 LBP SERVICE CHARGE – to be charged for withdrawal that are deposited to the member’s LBP ATM Account. Paid directly to Landbank and shall be deducted from the total deposits.
DOCUMENTATIONS

 ACCOUNT OPENING FORM –   click here to Download

 DEPOSIT SLIP –   click here to Download

 WITHDRAWAL SLIP –   click here to Download

 PASSBOOK – to be issued by the PCGSLAI as a proof of members deposits and to record all transactions or movement in the account.