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 It’s a deposit without a fixed term and can be withdrawn at any time without any pre-termination penalties. However, since it is computed every quarter, monthly interest will accrue only if the placement is not withdrawn during the quarter.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 It’s a deposit with a term of one year and a pre-termination penalty if it is withdrawn before the end of the term.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 However, this can only be withdrawn partially if the member no longer has any payables with the Coop.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.com 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