1. The minimum amount to be deposited in opening a new savings account shall be five hundred pesos (P500.00)
2. The minimum amount deposited to be entitled to interest on savings deposit shall be five hundred pesos (P500.00)
3. The interest rate on savings deposit is market driven and therefore vary from time to time.
4. Savings deposit with average daily balances of less than five hundred pesos shall be charged with fifty pesos (P50.00) penalty per month.
5. Savings deposit that does not move for two years shall be considered as dormant account, thus, it shall no longer earn an interest. The same shall be charged with fifty pesos (P50.00) penalty per month.