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