Western Philippines University

CREDIT COOPERATIVE

San Juan, Aborlan, Palawan

 

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Types Of Membership
 

Types Of Membership

Regular Members

One who is entitled to all the rights and privileges of membership. Open to any natural person, Filipino citizen, of legal age with capacity to contract. Regular employee of Western Philippines University; Completed the prescribed Basic Cooperative Course; Undertake to uphold the By-laws, policies, guidelines, rules and regulations promulgated by the Board of Directors and the general assembly; Paid the required membership fee; and Paid the required initial minimum common share capital.

 

Associate Members

Open to any natural person, Filipino citizen, of legal age, with capacity to contract. Completed the prescribed Basic Cooperative Course; Paid the required membership fee; Paid the required initial minimum preferred share capital; Undertake to uphold the By-laws, policies, guidelines, rules and regulations promulgated by the Board of Directors and the general assembly; and Pledge to patronize the services of the cooperative. An associate member in good standing who continuously patronizes the services of the cooperative for two (2) years from the time he/she was accepted as such after satisfying the minimum requirements of regular membership and has signified his/her intention in writing may be accepted as Regular Member.

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