Minimum Initial Deposit ; Php 1,000.00
Required ADB to earn interest : Php 1,000.00
Interest Rate (per annum) : 1.00%
Closing account fee : Php 100.00
Service charge : Php 50.00
for account falling below the required monthly average daily balance
Dormant account fee : Php 50.00
Accounts with no depositor initiated transaction for 2 years and falling below the required ADB
1. At least one (1) valid IDs such as:
New SSS/GSIS ID, Driver’s License, Company ID, School ID, Passport, PRC ID, Postal ID
2. Two (2) copies of most recent 2×2 ID picture
3. Tax Identification Number
Cooperative Bank of Cagayan. (or hereinafter referred to as “The Bank”) is committed to the proper handling and safeguarding of your personal data. We value you as a data subject and assure you that the Bank protects and respects your privacy, personal data and your rights as a data subject.
This Data Privacy Notice tells you how the Bank collects your personal data through this website and how we will process it in the course of your business with us in compliance with the requirements of the Data Privacy Act of 2012.
DATA WE COLLECT AND HOW WE USE IT
Data that we collect are limited to what will allow us to properly respond to your queries and initially validate your identity to avail of the Bank’s products and services. In order for us to do this, we will collect the following information from you:
1. Personal Details:
Name
Address
Mobile Number
Date of Birth
2. Employment Details/Business Information:
Name of Employer/Name of Business
Employer’s Address/Business Address
Employment Tenure/Years in Business
3. Loan/Deposit Product Applied For
4. Available valid ID and the corresponding ID number
DATA RETENTION
Records of your inquiries with us are kept only for a period of five (5) years afterward the said records are destroyed and disposed of. We will only keep records of your inquiries/submitted information beyond our stated retention period if we are bound to do so under circumstances covering legal obligations or compliance with regulatory agencies, laws, or as required by police authorities.
By clicking “I agree” in this letter, you signify your consent to the general use and sharing of your personal information in accordance with the terms of this letter.