The AFP Finance Center Multi-Purpose Cooperative (AFPFC MPC) is one of the most trusted and well-established cooperatives in the Philippines. Founded in the aftermath of the 1989 coup attempt, AFPFC MPC was born from the initiative of 109 Armed Forces of the Philippines (AFP) personnel who pooled their ₱1,000 incentives together to build a more stable financial future under the leadership of Col. Lysias C. Cabusao. Now, with over 32 years of service, ₱8.6 billion in assets, and more than 43,600 members nationwide, it ranks Top 3 in the NCR and Top 8 nationwide in terms of total assets, according to the Cooperative Development Authority (CDA), and still continues to provide accessible financial products to members of the AFP and other affiliated institutions.
Whether you’re looking to join, save, or borrow, this guide breaks down everything you need to know about AFPFC MPC — including how to become a member, available products and services, and why thousands of Filipinos continue to trust this cooperative.
Member Benefits
Being an AFPFC MPC “Kamay-Ari” comes with several rewards:
- High Dividends: Earn up to 25% per annum on your capital contributions, distributed every July and December.
- Patronage Refund: Get a share of the co-op’s profits every May if you’ve taken a loan.
- Savings Interest:
- Regular Savings: 5% p.a.
- Special Savings (360 Days): 6% p.a.
- Special Savings (5-Year Lock-In): 7% p.a.
- RSA 2: 1.5% p.a. (for unclaimed dividends/refunds)
- Loan Giveaways: Receive grocery packages, bags, or umbrellas with approved loans, especially during the Christmas season.
- Member Referral Incentives:
- Member-Gets-Member Program: Get 1.5% of the new member’s loan amount.
- Refer-a-Beneficiary Program
- Education & Outreach: Access to Financial Literacy, Livelihood, and Disaster Preparedness seminars.
- Bereavement Assistance
Savings Products
AFPFC MPC also offers several ways to save and grow your money:
- Capital Contribution Account
- Minimum: ₱5,000
- Maximum: ₱10,000
- Earn dividends based on Coop surplus (distributed every July and December)
- Earn interest based on cooperative surplus.
- Required to maintain membership.
- Cannot be withdrawn while membership is active.
- Special Savings Account
- Minimum deposit: ₱10,000
- Interest: 6%–7% p.a., with auto roll-over
- No max limit
- Lock-in options: 360 days or 5 years
- Regular Savings Account
- 5% annual interest (minimum ₱1,000 to maximum: ₱10,000)
- Automatic deductions from salary or pension
- No interest if balance is below ₱1,000
- Regular Savings Account 2
- For unclaimed dividends/patronage
- Interest: 1.5% p.a. if balance ≥ ₱1,000
- No minimum deposit required
Loan Products
AFPFC MPC also offers flexible loan options depending on your needs and status.
- Salary Loan
- For active AFP, BuCor, BFP, PVAO, and AFPMBAI employees
- Loanable amount based on credit limit
- Pension Loan
- For retired AFP personnel and pension beneficiaries
- Terms: 12–60 months
- Back-to-Back Loan
- Use your savings as collateral
- For active or retired members
- Back-to-Back Flexi Loan
- Borrow up to 100% of your savings
- Terms: 3–12 months
- Available until December 31, 2025
- Lump Sum Loan
- For AFP personnel nearing retirement
- Borrow up to 40% of expected lump sum
- Payable in 5 months (1% monthly interest)
- Other Loan Types
- Educational Loan
- Emergency Loan
- Livelihood Loan
- Economic Development Loan
- Consumption Loan
- Short-Term Loan
Loan Renewal
Members can now renew their loan after 12 monthly payments, up to age 70.
Loan Restructuring Program
If you’re behind on your loan payments, AFPFC MPC offers a Loan Restructuring Program. Members can apply for this to revise payment terms and settle debts more manageably. This is available to members with past due or delinquent accounts, including those affected by understated salary deductions.
To apply, contact AFPFC MPC at:
- billing-pastdue@afpfinancecoop.com
- Grace: 0917-639-7061 | Rose Ann: 0917-119-8417
Who Can Join AFPFC MPC?
Membership is open to the following:
- Active and retired military personnel from the AFP
- Civilian AFP employees
- Pensioners, legal beneficiaries, and surviving spouses
- Personnel from Bureau of Corrections (BuCor) and Bureau of Fire Protection (BFP)
- Employees of PVAO, AFPMBAI, OTS, and Municipal Government of Montalban
Note: Dependents are not eligible for membership.
How to Become a Member
To apply, visit the nearest AFPFC MPC office or satellite branch. You may also apply online via this link: https://docs.google.com/forms/d/e/1FAIpQLSduKpY10fIIMcAbiK2jmta4iPcRWub0UKdRP7w7NvS8V1ahhQ/viewform?usp=sharing, but do take note that personal appearance is still required to complete the process.
Requirements
Before applying, make sure to prepare the following:
- Accomplished Membership Application Form
- Two (2) valid government or agency-issued IDs
- Two (2) 2×2 photos
- ₱200 membership fee
- ₱1,000 to ₱10,000 initial capital contribution
Note: If applying through a Satellite Office, deposit your payment to this account and present proof:
- Land Bank Account
- Account Name: AFPFC MPC
- Account No: 1672-1007-00
Once processed, members receive a Cooperative ID and a passbook for their Capital Contribution Account (delivered in 2–3 weeks for satellite registrations).
Office Locations
AFPFC MPC operates 31 offices and help desks nationwide. These branches are scattered across different locations including Quezon City, Taguig, Muntinlupa, Tarlac, Camarines Sur, Pampanga, Cavite, Nueva Ecija, Cebu, Leyte, Samar, Davao, Zamboanga, and more.
Frequently Asked Questions (FAQs)
For your reference, here are some common questions and answers regarding AFPFC MPC:
1. Can I rejoin if I was a former member?
Yes, as long as you meet current qualifications and submit the same requirements as new members.
2. Can I withdraw my Capital Contribution?
No, this amount is considered equity and cannot be withdrawn unless you terminate your membership.
3. Can my family members join?
No, membership is strictly for eligible personnel listed above.
4. How do I terminate my membership?
Visit the nearest office, attend a counseling session, and surrender your Coop ID, passbook, and share certificate (if any). Your remaining funds will then be processed for release.
5. What should I do if I am not receiving text updates?
Update your contact details at any AFPFC MPC office.
Video: Lakbay Aral at AFPFC MPC
To learn more about AFPFC MPC, watch this video and join the EEI-Employees Development Cooperative, as they exchange of information with regard to their products, services, and best practices as one of the nation’s leading cooperatives:
Contact Information
Ready to join or still in need of assistance? Visit your nearest AFPFC MPC office or reach out via phone or email to get started today.
AFPFC MPC Main Office
- Office Address: AFPFC MPC Building, Col. Bonny Serrano Ave., cor. 18th Ave., Brgy. San Roque, Murphy, Cubao, Quezon City
- Contact Number: (02) 8395-2270 / (02) 8395-2271 / 0977-852-7372
- Email address: customerservice@afpfinancecoop.com
- Operating Hours: Monday to Friday, 8:00 AM – 5:00 PM
- Official Website: https://www.afpfcmpc.ph/
- Facebook: https://www.facebook.com/financecoop/