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Tubao Credit Cooperative

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SOON TO OPEN Rosario, La Union Satellite office

The Tubao Credit Cooperative will soon put up a satellite office in Rosario, La Union. The cooperative is in need of the following:



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50th General Assembly
     Tubao Credit Cooperative will hold its 50th General Assembly within 90 days from the close of the calendar year 2015.
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 An applicant for regular or associate   membership shall file a duly accomplished application form, along with the following requirements with the Manager and pass through an interview:


A.      A qualified sponsor (a member in good standing of for at least 3 years)

B.      Any one (1) of the following according to civil status but not a certification of no record:

                                                              i.      Birth Certificate

                                                             ii.      Marriage Certificate

                                                            iii.      Separation papers

C.      Any valid ID cards such as:

                                                              i.      SSS

                                                             ii.      GSIS

                                                            iii.      DRIVER LICENSE

                                                            iv.      PASSPORT

                                                             v.      COMPANY ID

                                                            vi.      POSTAL

                                                           vii.      SCHOOL ID

D.      2 latest identical ID pictures (2”x2”)

E.       Latest Residence Certificate (Cedula)


All applications for membership shall be approved by the Board of Directors within 30 days from the date of filing. A unanimous approval by the members of the Board makes one a TCC member, but one (1) dissenting vote shall be sufficient to disapprove or hold an application pending.

No application for membership shall be given due course if not accompanied with an application fee of One Hundred Pesos (P100.00) which is non-refundable and a membership fee of One Hundred Pesos (P100.00) which shall be refunded to the applicant in case of rejection.

All applicants are required to attend a Pre-Membership Education Seminar held every last Saturday of every month.

An applicant whose application was denied by the Board of Directors may appeal to the general assembly by giving notice to the Secretary of the Board within thirty (30) days before the next General Assembly meeting, whose decision on the matter shall be final.

Upon approval of membership applications,  the following minimum amounts shall be deposited:

Age of applicant               Share Capital                      Savings deposit                 Total

18 – 50 yrs old                     P 1,000.00                            P 1,000.00                            P 2,000.00

 50 + 1day -60                      P 1,000.00                            P 2,000.00                            P 3,000.00

                 60 + 1day -70                      P 1,000.00                            P 3,000.00                            P 4,000.00




Office/Commercial Space for Rent
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Business Financing
Additional Capital
Educational Assistance
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