- Deposit
Share Capital
Regular Savings
Special Savings
ATM Savings
TLCS Alkansya Program - Loans
Regular Loan
Microfinance Loan
Back to Back Loan
Personal Loan
Salary Secured Loan
Mortgage Option 1
Mortgage Option 2
MyWheels Loan
Agricultural Loan
Basic Loan Requirements
Additional Loan Requirements
- Building and Transient
- Insurance
- Money Transfer
- Laboratory Cooperative
- 7 Eleven Franchise stores
Deposit Services
Share Capital
A share capital depositor is considered a regular member who has completed the required minimum of Two thousand (2,000) shares or equivalent to Twenty thousand pesos only (Php20, 000.00).
Opening of account
- Applicants should have attended the Basic Cooperative Orientation or BCO not more than 6 months ago.
Regular Savings
For ages 0 to 12 years old:
a. Opened by a either a parent or a guardian
b. Can be named under the kid but STRICTLY accompanied by the name of the authorized signatory (parent or guardian).
c. Deposits can be made by either of the kid or the parent/guardian but withdrawals can be made by the parent/guardian ONLY.
For ages 13 and above:
a. Account can be opened only by the saver or by a parent/guardian.
b. Account can be named under the saver or under the parent/guardian of the saver.
c. Deposits can be done either by the saver or the parent/guardian.
d. Withdrawals can be allowed to savers if the account is not under the supervision of his/her parent/guardian. If the account is under the parent/guardian, the authorization portion on the withdrawal slip must be duly signed before allowing the withdrawal.
For Joint Accounts:
a. Opened by all holders of the account
b. Signature rules as to withdrawal can be as follows:
- And – All the holders of the account are required to sign on the slip.
- Or – Only one (1) signature from the holders is required to sign on the slip.
c. Closing of the account must be done by all the holders.
For Organizations:
a. A resolution should be presented authorizing the president and any other officer of the organization to jointly open and name the account. The account will be opened under the signature rule of “and”.
MAINTAINING BALANCE OF A SAVINGS ACCOUNT
A savings account’s maintaining balance should be One hundred Pesos Only (P100.00).
Below maintaining balance will be charged ten pesos only (PhP 10.00) every month.
DORMANCY OF A SAVINGS ACCOUNT
Dormancy means the status of a savings account after two years of being inactive or no deposit within two (2) years excluding the credit of interest.
Dormancy charges of Twenty Pesos Only (Php20.00) will take effect on the month the account has fallen to dormant status.
INTERESET OF A SAVINGS ACCOUNT
One and One-half per cent (1.5%) per annum
Special Savings
Enjoy 2% – 5% interest per annum depending on the amount of depositSpecial deposit is offered only to Regular members
ATM Savings
No Minimum Deposit Required
TLCS Alkansya Program
Increase your savings deposit without having the need to go the office personally
Loans
Regular Loan
For Regular Members Only
Maximum Loanable Amount is three (3) times the share capital or 2M whichever is lower.
Interest Rate: 15% per annum, diminishing balance computation
Maximum term is 36 months or 3 years.
Co-maker is needed
Microfinance Loan
This can be availed by REGULAR MEMBERS and ASSOCIATE MEMBERS with existing business/es.
Maximum Loanable amount is P200,00.00 or 2x of savings deposit whichever is lower.
Interest Rate: 15% per annum, pre-deducted
Maximum term is 12 months or 1 year
Co-maker is needed
Back to Back Loan
This loan window can be availed by both REGULAR MEMBER and ASSOCIATE MEMBER.
Maximum loanable amount is the same as share capital balance or savings deposit balance. For pension loans, loanable amount shall be based on the monthly pension amount.
Interest Rate: 10% per annum, diminishing balance computation
Maximum Term is 36 months or 3 years.
Personal Loan
This can be availed by REGULAR MEMBERS (MIGS) only
Maximum loanable amount is P 100, 000.00 except for loan applications for visa processing and application.
Interest Rate: 12% per annum, pre-deducted
Maximum Term is 36 months or 3 years.
Salary-Secured Loan
This can be availed by REGULAR MEMBERS and ASSOCIATE MEMBERS.
Maximum loanable amount is P 500, 000.00
10% interest per annum diminishing monthly
Maximum term is 36 months or 3 years
Co-maker is needed
Mortgage Loan Option 1
This can be availed by REGULAR MEMBERS and ASSOCIATE MEMBERS
Service Fee: 2%
Maximum loanable amount is 70% of appraised value
Interest Rate: 12% per annum, pre-deducted
Maximum Term is 12 months or 1 year
Mortgage Loan Option 2
This can be availed by REGULAR MEMBERS only.
Maximum loanable amount is 70% of appraised value
Interest Rate: 14% per annum, diminishing balance computation
Maximum term is 20 years provided that the borrower will not reach the age of 65 within 20 years.
MyWheels Loan
Please be informed that this loan window is suspended at the moment indefinitely.
Agricultural Loan
ELIGIBLE BORROWERS:
Agricultural Loan
ELIGIBLE BORROWERS:
Agricultural Loan
ELIGIBLE BORROWERS:
Transient
Transient Rooms
Cheapest in town transient, walking distance to town proper, easy access to transportation, with 7/11 store and laundry shop.
Function Halls
Wide Seminar Halls for your events and other occasions. With elevator and parking spaces.
Laboratory Cooperative
About our LAB COOP
TLCS Laboratory Cooperative is a cooperative formed and managed by members, aged 7-25 years old, and is affiliated with Treasure Link Cooperative Society as the guardian cooperative.
Vision – The laboratory cooperative of choice committed to improving member’s life thru financial literacy and values education.
Mission – To engage the members to the Laboratory Cooperative activities in which they can earn knowledge on cooperative management at the same time instill values which nurtures them in the future.
Programs and Services
Share Capital : Minimum Share Capital Deposit of Php 1,000.00
Special Assistance Program (SAP) : Cash assistance to hospitalized members.
Basic Requirements :
- Attend Basic Cooperative Orientation
- Duly Accomplished TLCS Lab Coop application form
- 2pcs 1×1 ID picture
- Photocopy of school ID / guardian’s valid ID
Payment Breakdown
- Membership fee 200.00
- Passbook 50.00
- Share Capital 1,000.00
- SAP 500.00
Total 1,750.00
*2 passbooks, one for Share Capital and one for SAP.
Accomplisments
YEAR
MARCH 19, 2016
SEPTEMBER 15, 2016
SEPTEMBER 21, 2016
ACCOMPLISHMENT
11th General Assembly of Treasurelink Cooperative Society
The GA of our guardian coop approved the resolution accepting the responsibility and liability as Guardian of the Laboratory Cooperative.
The Guardian coop has filed the application for recognition of Treasurelink Cooperative Society Laboratory Cooperative.
Certificate of Recognition was issued in favor of TLCS Laboratory Cooperative to operate.
Insurance
Motorcar Insurance
Compulsory Third Party Liability (CTPL)
Compulsory Third Party Liability is mandated by the Land Transportation Office (LTO) of the Philippines for all motor vehicle owners. CTPL protects you from any possible liability for a third party caused bodily injury and/or death in an accident arising from the use of your motor vehicle.
Comprehensive Motorcar Insurance
A comprehensive car insurance is an extensive motor insurance plan that covers the insured person against both, own damages and any third party liabilities. It is also known as ‘own-damage’ or a ‘other than collision’ car insurance as this policy also protects you financially against any losses that might arise not due to collision. A comprehensive car insurance covers any unforeseen incidents such as an accident, fire, theft or natural calamity.
Personal Accident Insurance
Achievers Personal Accident Insurance
Personal Accident Insurance covers death or specific types of injury as a result of an accident. It also pays benefits for the loss of limbs, fingers, sight and permanent paralysis.
Fire Insurance
Standard Fire Insurance with Allied Perils
Fire and Allied Perils covers against damage or destruction caused by fire, lightning, or the explosion of domestic appliances. You can use it to protect your home or business premises.
Other Insurance Products
Contractor’s All Risk Insurance
Contractors’ all risks (CAR) insurance is a non-standard insurance policy that provides coverage for property damage and third-party injury or damage claims. Damage to property can include improper construction of structures, the damage that happens during a renovation, and damage to temporary work erected on-site.
Comprehensive General Liability Insurance
Comprehensive general liability insurance refers to a business insurance policy that provides coverage for customer injuries, customer property damage, and lawsuits related to both.
Property Floater Insurance
Floater insurance is a type of insurance policy that covers personal property that is easily movable and provides additional coverage over what normal insurance policies do not. Also known as a “personal property floater,” it can cover anything from jewelry and furs to expensive stereo equipment.
Money, Securities, Payroll and Robbery Insurance
Protects against loss of money used for business operations, in case of robbery/hold-up, burglary, brigandage.
Surety Bonds
Surety Bond. Assures that obligations of an individual or a company under a contract will be fulfilled.
Marine Cargo Insurance
Protect your business assets and goods while these are transported.
Travel PA
Personal Accident. Protect yourself from accidents when you travel.
Healthcare Benefits
Health insurance serves to cover an insured individual’s medical, surgical, and dental expenses.
7 Eleven Franchise Stores
Dangwa Terminal
Queen of Peace
Money Transfer
Domestic
International
