New year, and a new way to start investing! News & Articles
New year, and a new way to start investing!
The Cebu CFI Coop Investment Services.
- Savings Regular – earns a tax-exempt interest of 2% per annum. It’s a deposit without a fixed term and can be withdrawn at any time without any pre-termination penalties. However, since it is computed every quarter, monthly interest will accrue only if the placement is not withdrawn during the quarter.
- Time Deposit – earns a tax-exempt interest of 4% per annum. It’s a deposit with a term of one year and a pre-termination penalty if it is withdrawn before the end of the term.
- Share Capital – earns a tax-exempt interest of 8% per annum. It’s a deposit with a minimum of P2,000.00 and a maximum of P200,000.00 deposits per year. However, this can only be withdrawn partially if the member no longer has any payables with the Coop. They must also leave a maintaining balance of P2,000.00 to keep their membership with CFI.
Visit our website at www.cficoop.comย ย or connect with us through HelpDesk for more details.
For more tips and updates, visit us at www.cficoop.com . Follow us on our Twitter page @CebuCFICoopPh or Instagram @cebucficoop.ph
Download the CFI Coop application at https://bit.ly/3kGgCvS
