Central Fund

NATCCO established the NATCCO Central Fund on September 2002 to provide deposit-taking and credit-granting services to affiliates and members of the network. The best practices of the Rabobank and Desjardins serve as the model followed by the Central Fund in its operations.  Today, the NATCCO Central Funds has three functional service packages: liquidity fund, investment fund and loan fund.

The strategy that the Central Fund promotes is based on the simple, yet powerful idea that it is best for co-ops to invest the funds that the local co-ops could not utilize for lending purposes in a central co-op fund facility. The NATCCO Central Fund offers competitive yields for deposit products. The quality of service and security that co-ops receive in their transactions also serve as the reasons why the NATCCO Central Fund has become a Php 639M strong facility.

Our highly qualified fund managers invest the pooled funds from co-ops in government securities and in other quality investments to ensure maximized profits. Due in large part to the success of the Central Fund, numerous government agencies and funding donors are selecting NATCCO to be their fund conduits of their selected projects for the cooperative sector and certain non government organizations (NGOs) as well.

Treasury Products & Services

Savings Deposit
a deposit account withdrawable anytime with deposit rate higher than the regular bank’s  savings deposit.
Features:

  • Minimum deposit is P10,000
  • Quarterly payment of deposit interest
  • Quoted rate is not subject to tax
  • Withdrawable anytime by authorized representatives

Liquidity Fund
these are short term deposit placement to match short term fund requirements.  Funds are managed through investment on sound negotiable instruments such as government securities and commercial papers.
Features:

  • Minimum deposit of P100K
  • Evidenced by a Certificate of Deposit
  • Fix deposit term up from 90 to 180days (6mons)
  • Lock in quoted rate up to maturity date
  • No withholding tax
  • Allow pre-termination of deposit subject to charges and prevailing guidelines on pre termination.
  • Easy access through bank to bank transaction

Loan Fund
these are long term deposit placement that provides high yield on investment rate.  Funds are used to finance the financial requirements of our member-borrower via Credit and Collection unit.
Features:

  • Minimum  deposit of P100K
  • Evidenced by a Certificate of Deposit
  • Fix deposit term up to two years (2 years)
  • Lock in quoted rate up to maturity date
  • No withholding tax
  • Allows pre-termination of deposit subject to charges and prevailing guidelines on pre termination.
  • Easy access through bank to bank transaction

Credit & Collection Products

Credit Line
A revolving loan accommodation that is renewable every year.
Features :

  • Funds that may be used to finance working capital and relending activities of the member-borrower.
  • Principal payment reverts back as loanable amount within the approved period
  • With maximum loan term of three years
  • Easy download of funds  through bank to bank transaction
  • Competitive rates                     

Term Loan
Loans for specific purpose other than working capital
Features:

  • Easy access on loans
  • Lowest interest rate among all loan products available to NATCCO
  • For a fixed repayment term maximum of three years (3years)
  • Easy download of funds  through bank to bank transaction
  • Competitive rates

Back to back Loan
Loans against deposit/placement with Treasury unit
Features:

  • Up to 100% availment against deposit/placement with Treasury unit
  • Competitive rate with no service fee
  • Easy download of funds  through bank to bank transaction
  • Up to a maximum term of three years

Credit Contact Info

9137011 to 16 loc 110
9126093    fax    

MARJORIE ALFORTE    
Credit Processor
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09997294749
       
YVES SATIEMBRE
Credit Officer
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09228355003

ALMA VINLUAN
Credit officer
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09088728766

GAIL TAMONDONG    
Collection /Remedial Officer
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09176258281   

Treasury Contact Info

9137011 to 16 loc 100
9125877        

Catherine Garingalo    
Marketing Officer
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09058326549

Maribel Picar
Treasury Officer
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Ma. Concepcion”Neng” Baduria
Cashier
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09195650910