Member in Good Standing (MIGS)

    Those members who have complied the following criteria:

  1. Has paid the minimum subscribe share capital requirement of P8,000.00 and participate in capital build-up of the coop through Regular Savings and Share Capital.

  2. Is not delinquent in the payment of his/her additional subscribed capital two years from date of initial subscription. (Remind & Implement: Inactive members)

  3. If he/she has loan/s in the cooperative, there should be no records of missed payment or delinquency within one (1) year

  4. Has not violated any provision of the By-Laws, rules and regulations, circulars, memoranda and other issuances of the Cooperative Development Authority, membership and subscription agreements and other instruments required of him to execute as provided in the By-Laws or as prescribed by the Board of Directors.

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https://bansalancoop.com/