TIME DEPOSIT

Looking of a safe and rewarding way to grow your hard - earned money? OFWTMPC's Time Deposit Program is designed for qualified members and eligible depositors who want to place funds for a fixed period while earning interest based on the approved terms and conditions of the cooperative.

With a Time Deposit account, you can plan ahead, grow your funds, and support the continued development of a cooperative that serves Overseas Filipino Workers, their families, and the wider community.

Safe and Member - Focused

Your deposit is handled in accordance with OFWTMPC's approved policies, procedures and terms and conditions. Our Cooperative is committed to responsible financial management, transparency, and service to our members.

Community Impact

Before opening a Time Deposit account, please ask the OFWTMPC Main Office or your nearest satellite office about:

  • Minimum placement amount

  • Available placement terms and maturity dates

  • Eligibility requirements for members and non- members, if applicable

  • Required identification and supporting documents

  • Interest - payment schedule

  • Rules on pre-termination or early withdrawal

  • Renewal instructions at maturity

  • Other terms and conditions

Why Choose OFWTMPC Time Deposit?

Place your funds in an OFWTMPC Time Deposit account and support a cooperative that works for the financial well-being of OFWs, their families, and the community.

Start your Time Deposit today & secure tomorrow

  1. The applicable annual interest rate is based on the total amount placed in the Time Deposit account.

    a. PHP 100,000 to PHP 299,999 : 4% per annum

    b. PHP 300,000 to PHP 499,999 : 5% per annum

    c. PHP 500,000 to PHP 999,999 : 7% per annum

    d. PHP 1,000,000 and above : 9% per annum

  2. Interest is computed using a 365-day basis and the actual number of calendar days your deposit remains in the account, from the date of placement until its maturity date.

Plan for Tomorrow
Visit Our Toledo City Office

Grow Your Funds with Confidence

Competitive Interest Rates

A Time Deposit can help you set aside funds for important long-term goals, including:

  • Children's education

  • Family emergencies

  • Home improvement

  • Business or livelihood plans

  • Retirement preparation

  • Future investment

Current Interest Rates

Every peso placed with OFWTMPC helps strengthen the cooperative's capacity to provide services, programs, and opportunities that support OFWs, their families and the communities we serve. When you invest through OFWTMPC, your money can support both your personal financial goals and the cooperative's shared mission of empowerment and sustainable development.

Important Disclosure

Earn interest based on your deposit amount and the applicable time - deposit terms. Rates are subject to approved cooperative policies and may change when authorized by OFWMPTC.

Interest rates, terms, eligibility requirements, and program conditions are subject to OFWTMPC's approved policies and may change without prior, subject to applicable rules and required member communication. Please review the official Time Deposit Agreement and consult an authorized OFWTMPC representative before making a placement.

Important Information