MMPC “Reaching out, Improving minds, Touching lives”

MMPC “Reaching out, Improving minds, Touching lives”

 Mediatrix MPC envisions “A globally
dynamic, competitive and outstanding
cooperative nationwide.”

“Reaching out, Improving minds, Touching lives”

MMPC
 “Mediatrix MPC, promotes peace and
solidarity, and offers diverse quality
products and services.”

“Reaching out, Improving minds, Touching lives”

MMPC
 Mediatrix MPC adheres to the values
express in this acronym “MMPC DARES”
which means:

Movement, Motivated for Peace and

Collectivism

Dynamic and Responsive Enterprises for

Exemplary Service
“Reaching out, Improving minds, Touching lives”
MMPC
BRANCHES & BUSINESS CENTERS

Branches:
 Kidapawan Branch
 Kabacan Branch
 Valencia Branch
 Maramag Branch
 GenSan Branch
 Malaybalay Branch

“Reaching out, Improving minds, Touching lives”

MMPC
 BUSINESS CENTERS:

Marbel, South Cotabato

Polomolok, South Cotabato
Malandag, Sarangani Province
Tulunan, North Cot.
Makilala, North Cot.
Midsayap, North Cot.
Dangcagan, Bukidnon
Kalilangan, Bukidnon
Tacurong, North Cot.
“Reaching out, Improving minds, Touching lives”
MMPC
 Share Capital P 1,000.00
Membership Fee 200.00
Savings Deposit 1,000.00
Tinabangay Special
Savings Deposit 1,000.00
Kalusugan Special
Savings Deposit 800.00

Total P 4,000.00
“Reaching out, Improving minds, Touching lives”
MMPC
 “Reaching out, Improving minds, Touching lives”
MMPC
 Savings
 Regular Savings for Members
 Youth Savers YS Club – Savings
Account for 0 - 12 yrs old
 Power Teen Savers Club – Savings
Account for 13 - 18 yrs old
 Special Savings Account for Associate
Members
 ATM Account for regular and associate
members
“Reaching out, Improving minds, Touching lives”
MMPC
 TIME DEPOSIT
Features:
 Minimum Deposit of
P 1,000.00
 High Interest rate
 Maybe used as loan
collateral
“Reaching out, Improving minds, Touching lives”
MMPC
TIME DEPOSIT Rate
Amount 3 Months 6 Months 12 Months

5,000.00 – 9,999.99
3% 3% 3.5%
10,000.00 – 49,999.00
3.5% 3.5% 4%
50,000.00 – 99,999.99
4% 4% 4.5%
100,000.00 – 499,999.00
4.5% 4.5% 5%
500,000.00 – 749,999.00
5% 5% 5.5%
750,000.00 – 999,999.99
5.5% 5.5% 6%
1,000,000.00 – 4,999,999.00
6% 6% 6.5%
5 M & Above
6.5% 6.5% 7%

“Reaching out, Improving minds, Touching lives”

MMPC
 OTHER SERVICES:

* ATM
* AGRI-SUPPLY
* TINABANGAY SPECIAL SAVINGS DEPOSIT
* KALUSUGAN SPECIAL SAVINGS DEPOSIT

“Reaching out, Improving minds, Touching lives”

MMPC
(TSSD)
  All incoming and rejoined members shall contribute to the
Tinabangay Special Savings Deposit (TASSD). The maximum
age is 70 years old (at the time of his/her 70th birthday).
 Members shall be required to open a non-transferrable and
non refundable amount of P1,000, with an interest of 0.05%
per annum.
 To keep the membership in active status, he or she have
atleast a remaining balance of 200 pesos.

“Reaching out, Improving minds, Touching lives”

MMPC
 in case of membership withdrawal, a beneficiary can avail the benefits with in
sixty (60) days from the date of withdrawal. The remaining fund of the
withdrawn member shall be added to the Death Assistance Fund of the
Cooperative.
 Re-enrolled Members. A re-enrolled member shall pay a minimum of P500.
Provided, a promissory note to complete the total required amount within the
contestability period, is executed. In case a member fails to comply.
 No fund, No claim Policy.
 A remaining balance of 9.99 below is considered as Zero Fund. A member
with Zero Fund shall be given 30 days grace period to complete the said
fund.
 Membership Documentation Requirements
 Regular members are required to appear in
person upon application
 Photo copy of any valid Identification Card (I.D.)
 Submit 1x1 colored picture
 Benefits
 Beneficiary of deceased member can benefit a
maximum of Ten (P10.00) pesos from every
member as financial assistance with the following
percentage of claim based on age bracket at the
time of membership:
AGE BRACKET
PERCENTAGE OF CLAIMS

18 to 59 100%
60 to 64 98%
65 to 69 95%
At the time of his/her 70th birthday 90%
  Certified True Copy of Member’s Death
Certificate
 Marriage Contract if spouse is the
beneficiary
 Birth Certificate if child is the beneficiary
(if Daughter is married please attached
marriage contract)
 2 valid ID Cards of beneficiary

“Reaching out, Improving minds, Touching lives”

MMPC
  All incoming an rejoining members shall contribute to the Kalusugan
Special Savings Deposit (KASSD). The maximum age is 70 years old
(at the time of his/her 70th birthday).
 Members shall be required to open a non-transferrable and non
refundable amount of P500, with an interest of 0.05% per annum.
 Contestability period of six(6) months is required for a new member
to avail of the hospitalization program except in case of accident.
 To keep the membership in active status, he/she have at least a
remaining balance of Php 200.

“Reaching out, Improving minds, Touching lives”

MMPC
 in case of membership withdrawal, a beneficiary can avail the benefits
with in sixty (60) days from the date thereof. The remaining fund of the
withdrawn member shall be added to the death assistance fund of the
cooperative.
 No fund, No claim Policy.
 A remaining balance of 4.99 below is considered as Zero Fund. A
member with Zero Fund shall be given 30 days grace period to
complete the said fund.
 Membership Documentation Requirements
 Regular members are required to appear in person
upon application
 Photo copy of any valid Identification Card (I.D.)
 Submit 1x1 colored picture
 Benefits
 a member can benefit a maximum of Ten P0.10
centavos from every member per day of
confinement as financial assistance. A member can
avail of a hospitalization benefit for a maximum of
15 aggregate days per year with the following
percentage of claim based on age bracket at the
time of membership:
Age bracket Percentage of
Claims

18 to 59 100%
60 to 64 98%
65 to 69 95%
At the time of his/her 70th birthday 90%

“Reaching out, Improving minds, Touching lives”

MMPC
 Must be confined for at least 24 hours
 Must submit Hospital Bill indicating the time of
Admission and Time of Discharge. If no time is
indicated in the hospital Bill, additional documents
such as Medical Certificate and Discharge Summary
shall be required.
 Authorized representative to claim is the nearest kin of
the member. In the absence of the assignee, the
member shall provide an authorization letter on his/her
authorized representative. The authorized
representative may be the recipient of the check that is
named after him/her.
“Reaching out, Improving minds, Touching lives”
MMPC
 “Reaching out, Improving minds, Touching lives”
MMPC
LOAN DEDUCTION
 SERVICE FEE – 2% of approved loan

 NOTARIAL FEE – P 50.00 for loan in excess of P 5,000.00 except for

loans equivalent to share capital

CAPITAL BUILD UP (CBU)

5% capital retention shall be deducted from the loan

granted to member whose share capital is P 10,000.00 below
in accordance to Article 4 Section 2 letter C of the MMPC By
laws.

2% capital retention shall be deducted from the loan

granted to member whose share capital is P 10,000.00 up in
accordance to Article 4 Section 2 letter C of the MMPC By
laws.
application
 Every member who wants to avail loans from the
coop shall attend mandatory credit orientation.

 Fill up the required application form

 Loan Officers shall assist member applicants in

filling up loan application
Loan requirements
A. COMMON REQUIREMENTS
1. Duly accomplished application form
2. Residence Certificate
3. Marriage contract (if applicable)
4. 2 x 2 ID picture with name tag both applicant and spouse
5. Barangay Clearance for first loan
6. At least of any of the following:
a. Police clearance
b. Voters ID / Certificate or Postal ID
c. Driver’s license
d. PRC ID / SSS ID / UMID
e. Proof of Billing (water or Electric Bill)
7. Certification from the barangay if spouse’s working abroad on
vacation or separated with a minimum of two years . For
separated spouses affidavit of martial dispensation shall be
attached.
8. Authenticated Death of spouse if the applicant is Widow.
Requirements for loan renewal

 Duly accomplished application form

 Valid Residence Certificate
 Barangay Clearance
 Valid ID
 Additional Collateral in case of insufficiency
Loan requirements
B. INSTITUTINAL or GROUP REQUIREMENTS (Brgy.
And Private / Gov’t Institution)
1. Memorandum of Agreement
2. Pay Slip or Payroll
3. Certificate of Employment of Private / Gov’t
institution
4. Oath of office / appointment order / certificate of
canvas for Barangay Honorarium loan
5. Barangay Resolution for Barangay honorarium
Loan
6. Co-maker
7. Residence Certificate and valid ID of the co-maker
Loan requirements
C. COLLATERAL
1. REAL ESTATE REQUIREMENTS
1. Land title
2. Sketch plan with vicinity map
3. Tax Declaration and Clearance
4. Special power of attorney

2. Requirement after approval (Agriculture)

1. Affidavit of pre-emption
2. Affidavit of Total landholdings
3. Affidavit of retention
4. Affidavit of non claims and conflict
5. Documentary stamp
6. DAR certification
3. Movable properties
1. Certificate of registration and latest OR of vehicle
2. Certificate of ownership or official receipts
3. Picture of collateral
4. Special power of attorney
Re-loan
A member is allowed to avail re-loan under the following
conditions
A. 100% of the original loan after paying atleast 25% of
the existing loan
B. 200% of the highest availed loan after paying atleast
50% of the existing loan provided it is fully secured by
a collateral loan guarantee
Criteria to reject a credit
application
1. Bad credit history
2. Purged from the cooperative or other credit unions
3. Questionable reputation
4. With personal and or family problems
5. Unprofitable business or occupation
6. Distribution of products which is harmful to the health
7. Offered collaterals and guarantees having difficulty to
control
8. Refuse to disclose information about their financial
status or adequate references