Aiming to become a member in good standing (MIGS) is a process. It is not an overnight sensation that some people ask to shorten the process begging managers of FICCO to grant them easy no sweat short cuts (warning). Thus, theres really no cutting corners for FICCO's MIGS process. When you are evaluated a Class A or a member in good standing at FICCO you should be proud of it because you earned it.
Now lets go back to the basic question. How does one become a member in good standing?
A member becomes a member in good standing when he complies the following condition:
Patronize FICCO services
- save/deposit regularly
- borrow wisely
- pay loans promptly
Participate FICCO activities
- attend General assembly
- attend coop anniversary (When members are invited to attend)
- attend coop month (When members are invited to attend)
Promote/sell FICCO
- recruit members
- remind lost/delinquent members
Subscribe to:
Post Comments (Atom)
-
You'll need the Audited FS of your cooperative to start with. the following data's are important in computing the Dividend and Pa...
-
There are rising awareness among regular citizen to realize that it is better to deposit money in cooperatives than commercial banks. We...
-
There are several deposit products of FICCO, they're listed below: Savings Deposit. Deposit that can be withdrawn anytime, provided it i...
-
Exemption of interest income on members' deposit (over and above the share capital holdings) from the 20% Final Withholding Tax (BIR Rul...
-
Becoming a FICCO member is relatively easy, you only do the following steps and comply the following requirements: Ask for an application fo...
-
Dumaguete Cathedral Credit Cooperative or DCCCO Regular Savings average daily balance to earn interest - P1,000.00 minimum required for M...
No comments:
Post a Comment