An interest-bearing deposit. It is evidenced by a passbook and can be drawn anytime within the banking hours. Withdrawal can be made upon presentation of a properly accomplished withdrawal slip together with the corresponding passbook. Eligibility Criteria
Any person who is at least seven (7) years of age and not suffering from any legal disability may open a savings account.
Any guardian, trustee or administrator may also open a savings account for each person or estate committed to his care.
Minimum initial deposit of P100.00
Minimum deposit of P1,000.00 to earn interest
Minimum maintaining deposit balance of P100.00
Insured with Philippine Deposit Insurance Corporation (PDIC)