Savings Program
CWCC’s savings program aims to encourage members to save periodically and realize higher interest earnings than regular bank products. Its current offering is probably highest in the industry and additional savings interest is usually distributed at year end.
Savings Deposit | Interest Rate per annum | ADB computed monthly; interest credited monthly. Maintaining balance must be no less than outstanding loans or P3,000 whichever is higher. Periodic deposit of at least P100 per month, deducted every payroll, either weekly (P25) or semi-monthly (P50). |
On Average Daily Balance (ADB) | 6.00% |