What are the requirements upon membership?

After attending the Pre-Membership Seminar or Online Seminar, the following must be submitted:

  • Accomplished Membership Application Form
  • Photocopy of Appointment Letter from Chancery
  • Photocopy of 2 Valid IDs (Celebret and Government ID)
  • 2 pieces 2”x 2” Photos
  • Tax Identification Number (TIN)
  • Membership Fee: PHP 1,000.00
  • Initial Capital Share (Minimum PHP 10,000.00; Maximum PHP 2,000,000.00)

What are the types of membership?

Regular Member – May avail of all products and services offered by the Cooperative. Regular Members also have voting rights and may serve as officers of the Cooperative.

Members Entitled to Vote - Enjoys the same rights and privileges as a Regular Member and has attended at least two consecutive General Assemblies, faithfully paid at least three loans, and has no delinquent accounts.

Associate Member - Clergy who belong to a religious congregation or institution.

 

What is a Share Capital?

Share Capital is a member’s ownership contribution to Solidaritas Credit Cooperative. It cannot be withdrawn unless membership is terminated. Share Capital may also be used as collateral for certain loan products.

How much is our required share capital?

Members are required to reach a minimum of PHP 10,000.00 share capital and maximum of PHP 2,000,000.00

What is Regular Savings?

Regular Savings is the member’s savings account with atleast PHP 100,000.00 deposit balance to gain interest.

How to avail of our loan products?

Only SCC members may avail of our loan facilities. Eligible members may apply by submitting the required documents and completing the loan application process. Loan approval is subject to SCC’s policies and evaluation.

Does Solidaritas Credit Coop offer other insurance products?

Yes, SCC offers 1CISP Insurance.