If only cooperatives were to replicate Tagum Coop with one click of their mobile app things would be different or at least a game-changer in the local cooperative banking scene!
Tagum Cooperative’s mobile banking features, growth in numbers, and a reach of nine figures over more than five decades years are a force to be reckoned with!
The thing is, I don’t want to lose my hard-earned money with lingering regrets, and later on, point fingers at who’s ever responsible for the loss.
Or some nasty news broke out about fly-by-night cooperatives just declared bankruptcy all of a sudden, on the worst scenario, the top management decides to leave the company by taking all the clients’ money and other monetary value as parting gifts.
At first impression, my defense mechanism kicked in when I heard of Tagum Cooperative, skeptical, but later on, after due diligence and positive feedback and recommendation from a colleague.
I saved enough money, also got support from her who also happens to be a part/member of the said cooperative for quite some time, she shares, keeps on schooling me on all money matters, as all mothers would normally do with their kids – explaining the importance of saving and investing and mentioned the benefits and perks if I joined.
That being said, I’m also a member of the local cooperative in our neighborhood, it’s just several walks away from the residence I’m currently staying in, I applied way back year 2018, this was my first cooperative “MADECO” Mandug Development Cooperative.
This time, I’m applying for Tagum Cooperative, the second time around, and try out the services that they’re offering.
In its humble beginning, it started as Holy Name Society (HNS) of Tagum Parish in May 1967 with only a handful of members and an available share capital of only P80.00.
Over the years as it flourished it grew to become a world-class and credit cooperative providing the necessary environment for the safety and security of the member’s money and giving very attractive interest rates on their deposits and savings through the adoption of a sound, effective and rigid financial management.
By December 2020 of last year, I applied and finally got approved.
Here are the steps to follow just in case you’re interested with hopes of becoming financially independent.
How to Apply for Online Membership
Step 1
- Apply for membership application (download application form)
- Apply for signature card (download signature card)
- 2×2 ID Picture (scanned or digital copy, JPG format)
- Photocopy of valid ID (TIN, SSS, UMID, and other government issued ID, scanned or digital copy, JPG format)
Step 2
- Send the scanned digital copy of your documents from Step 1 and send to the following email: membercare@tagumcooperative.coop, tcmktgbajada@gmail.com, tc_bajada@yahoo.com
Step 3
- Wait for Tagum Cooperative Confirmation & Instruction through official email: membercare@tagumcooperative.coop, tcmktgbajada@gmail.com, tc_bajada@yahoo.com
Step 4
Pay the amount and deposit through the bank, remittance company or Gcash
- Account Name: TAGUM COOPERATIVE
- Account Number: 010200015869
- Bank Branch: BDO TAGUM NATIONAL HIGHWAY
- Share Capital: PhP 2,000.00
- Regular Savings: PhP 1,000.00
- Total: PhP 3,000.00
Step 5
- Scan or take a photo using your mobile phone the deposit slips and send through email as proof of deposit: membercare@tagumcooperative.coop, tcmktgbajada@gmail.com, tagum_coop@yahoo.com
Step 6
- Join the online pre-membership orientation (fill-up form here)
How to Apply for Regular Membership
Step 1
- Attend the Pre-Membership Orientation from Monday to Saturday at 9:00 to 10:00 AM and 2:00 to 3:00 PM for 1 hour.
Step 2
- Fill-up Membership Application Form (download application form)
- Submit it with 2 pcs. 2×2 recent colored picture with your name and date
- Photocopy of any government issued ID
Step 3
Pay the amount and deposit through the bank, remittance company or Gcash
- Account Name: TAGUM COOPERATIVE
- Account Number: 010200015869
- Bank Branch: BDO TAGUM NATIONAL HIGHWAY
- Initial Share Capital Deposit: PhP 500.00
- Initial Savings: PhP 500.00
- Mortuary Fee: PhP 615.00
- Himsug Pamilya Program: PhP 635.00
- TC Membership ID: PhP 25.00
- ATM Opening of Account Fee: PhP 100.00
- ATM Card Fee: PhP 50.00
- Total: PhP 2,725.00
Once the payment is made to BDO Tagum National Highway main branch, you can opt to pay Tagum Cooperative Davao branch if you’re residing in Davao City.
Tagum Cooperative Davao City branch.
- BDO Account Name: TAGUM COOPERATIVE
- BDO Account Number: 0032 4002 3762
- Email Address: tc_bajada@yahoo.com, tcmktgbajada@gmail.com (send and email proof of payment)
In my case, the online membership application was a preferred choice, because of the ongoing COVID-19 pandemic, public and private offices are restricted to few people transacting business onsite.
My associate account was upgraded to a regular account after I joined the pre-membership via live orientation, we ask sensible questions with regards to our account/s of how it is being handled.
The moderator of the pre-membership program suggest to us what to do and how to apply on their financial loan services, and tipped us to deposit our money in Share Capital for better returns at 8-10% per annum, home with a decent internet connection.
Check the payment breakdown:
When I opened an account, I paid a total of PHP 4,600.00 Four Thousand, Six Hundred Pesos as a head start.
- Membership Fee: PhP 300.00
- Share Capital: PhP 2,500.00
- Regular Savings: PhP 525.00
- Mortuary: PhP 615.00
- Himsug Pamilya Program: PhP 25.00
The deposits I made earlier were confirmed by the membership and marketing system department, they constantly sent communications thru my email and encourage me to download and register my account in TC Mobile App for account monitoring and progress reports.
The mobile banking app is available in Apple App Store and Google Play Members can perform fund transfers to other banks. The cut-off time is 11 am, payment for loans and insurance, and other improvements.
Tagum Cooperative mobile app banking, application Steps, & Procedures.
How to Download and Install TC Mobile App
Step 1
- For Apple IOS Phone Users (Download Apple App Store)
Step 2
- For Android Phone Users go to Play Store; search and type “tagum coop mobile, or tc mobile app” install the app (Download Google Play Store)
Step 3
Congratulations! The app is now installed and you are now ready to use TC Mobile App.
How to Register New Account
Step 4
- Launch the TC Mobile App.
- Click the “Register” button on the main screen.
- Click the “I Accept” the terms & conditions above button on the Terms and Conditions screen.
- Enter your CID and mobile number. CID is an 11-character unique identifier, separated by a hyphen e.g. 001-0089131. The mobile number is preceded by 09. e.g. 09345569984.
- Click the “Submit” button.
- Enter your username, password, and email. An authentication code will texted to your registered mobile number. Enter this number in the Authentication Code.
- Click the “Submit” button
- After system successfully validates user inputs, it will display the message as shown “Registration Successful!” “Congratulations! You are now successfully registered to the TC Mobile” “You may now logion to your account”
How to Login on TC Mobile App
Step 5
- Launch the mobile banking app.
- Enter your unique username and password.
- Click the “Sign in” button.
- After validating supplied username and password, it will take you to the home screen.
- Finish.
How to Apply for Pinoy Coop ATM Card Account
Step 1
- Fill-out the ATM Card Application Form. (Download ATM Application Form)
Step 2
- Scan the accomplished atm application form from Step 1,
Step 3
- Write a letter of request to open an atm card and state the reason why you can’t transact personally.
Step 4
- Pay the ATM Card opening amount of PHP 150.00
- Bank: BDO, Unibank
- Account Name: Tagum Cooperative
- Account Number: 003240023762
Step 5
- Email, and attach the atm application form, atm card letter request, and send proof of payment to: tc_bajada@yahoo.com and tcmktgbajada@gmail.com and wait for confirmation.
The Pinoy Coop ATM card is automatically linked to your TC Mobile. You can perform atm, savings, dividends, patronage refund, and share capital fund transfer your own account.
For questions and queries visit their contact details and Facebook Page.
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