CITERMPCO , or Central Isulan Teachers, Employees, and Retirees Multipurpose Cooperative, stands as a financial ally for the Isulan community. Established with a mission to empower, we’re a savings and credit cooperative offering a range of financial solutions, from savings and special deposit accounts to diverse loan options. Our roots lie in serving the dedicated educators, employees, and retirees, fostering a community of financial well-being. Partner with us to embark on a journey towards stability and prosperity, guided by the principles of cooperation and trust.

• Teachers, Employees and Retirees of Department of Education, Division of Sultan Kudarat.
• Comply the prescribed pre-membership education seminar.
• Residing within and adjacent area of operation.

• A member must have complied with the following requirements:
• Approved application for membership.
• Certificate of completion of the prescribed Pre-Membership Education Seminar (PMES).
• Subscribed and paid the required minimum share capital and membership fee; and
• Certification of the immediate superior that he/she is employed within DepEd, Division of Sultan Kudarat.

• Participate in the deliberation during membership meetings.
• Vote on all matters brought before such meetings.
• Pay the Subscribed Share Capital and the loan amortizations as it falls due.
• Obey the rules and regulations as provided by R.A. 9520, these by – laws and the decisions of the General Assembly and the Board of Directors, policies and decisions that may be promulgated by the Cooperative Development Authority (CDA).

Yes. For regular/salary loan availment, insurance application is a must.

1. Salary Loan with 1.25%/month interest
2. Providential Loan which includes: Emergency Loan, Educational Loan, and Special Loan with 2%/month interest
3. Bonus Loan with 3%/month interest

Grocery Loan at Central Plaza, Mercury Drug Loan, Rice Loan

All CITERMPCO members can avail commodity loan. The amount of five Hundred (P 500.00) pesos must be deposited to your Mobilized Savings Operation (MSO) Account. This will serve as your maintaining balance. Members without MSO Account cannot avail these services.

This is open to regular CITERMPCO members and pupils/students 5 -18 years old who are members of laboratory coop with a minimum maintaining balance of P500.00.

Time Deposit Account, Regular Savings Deposit Account, Special Savings Deposit Account

CITERMPCO-SPECIAL SAVINGS PROGRAM is another opportunity for the members to save their hard-earned money while at the same time enjoy high annual interest. This is similar to the time deposit however it has a fixed term which is applied to all depositors of this program.

Yes. The approval of loan shall be based on the existing CBU of the applicant. A maximum of 80% of the CBU may be granted as loanable amount.

Yes, both from private individual and lending institutions. Bring Statement of Account (SOA) and 3 months latest pay slip.

Loan granted to members on the basis of Five Hundred Percent (500%) of his current Share Capital (SC) and/or Net Take Home Pay (NTHP) as determined by the loan officer.

Requirements:

1. Fill out application form
2. Bring original pay slips for the past three months
3. Fill out insurance form
4. Photocopy of identification card

Central Isulan Teachers, Employees and Retirees Multi Purpose Cooperative (CITERMPCO)

The membership of this Cooperative shall come from the teachers, employees and retirees of the Department of Education, Division of Sultan Kudarat and operate business in the province of Sultan Kudarat.

Its principal office is located at Isulan Central School SPED Center, National Highway, Kalawag II, Isulan, Sultan Kudarat, 9805.

Experience flexibility with CITERMPCO’s Special Savings

Deposit:

Monthly Remittance (7.5% p/a): Regularly contribute to savings with a competitive interest rate. One-time Remittance (6.5% p/a): Opt for a single, substantial remittance, maximizing returns on lump sum amounts. Convenience meets profitability.