Perpetual Help Community Cooperative (PHCCI), previously known as Perpetual Help Credit Cooperative, Inc., was established on April 14, 1971 by 33 visionary members with just ₱586 in share capital. Officially registered with the Cooperative Administrative Office in 1972 under Republic Act No. 2023, PHCCI has since grown to become one of the most reliable cooperatives in Negros Oriental and among the top 20 cooperatives in the Philippines based on CDA recognition.
With a presence across the Visayas and a total of 21 branches and satellite offices, PHCCI now serves nearly 100,000 members nationwide and holds over ₱4.8 billion in total assets (as of December 31, 2019). PHCCI stands out as a Christ-centered cooperative that lives by its values and focuses on transforming communities through meaningful financial services.
Understanding PHCCI
PHCCI isn’t just a place to save or borrow. It’s a cooperative built on strong values, a supportive community, and a belief in progress through shared responsibility. From its humble beginning with ₱586 in capital to billions in assets today, PHCCI continues to support Filipinos across the country—one member at a time.
Benefits of Joining PHCCI
Becoming a member of PHCCI offers more than just access to financial products—it’s a chance to co-own a thriving cooperative. Members are not just clients; they are member-owners who receive tax-free interest on savings, dividends on share capital, and access to a wide range of affordable loan programs.
They also get to enjoy benefits such as:
- High-interest savings accounts (tax-free)
- A wide selection of loan options for different life needs
- Transparent, honest pricing
- Dedicated, highly trained staff
- Extended business hours (Mon–Sat, 8:30 AM to 5:30 PM)
- Mobile app for convenient account management and loan applications
PHCCI Products and Services
PHCCI offers a wide range of products designed to meet various needs—from savings to emergencies, calamities, business growth, and education.
Some of these products are as follows:
Savings Accounts
All savings programs come with tax-free interest and some of the best rates among cooperatives in the country.
- ATM Account: Withdraw anytime through any Bancnet ATM nationwide. Earn interest starting at ₱2,500.01. Maintaining balance: ₱210. Card fee: ₱150.
- Regular Savings: Withdraw anytime over the counter. Maintaining balance: ₱1,000. Earn interest on balances starting from ₱2,500.01.
- Flexi Savings Account: Offers higher interest for balances above ₱500,000. Withdraw after a minimum term of 30 days.
- Junior Savings: For children aged 6 to 17. Maintaining balance: ₱500 + ₱50 passbook fee. Earns interest starting at ₱2,500.01.
- Aflatoun Savings: A financial education program for kids in public schools. Initial deposit: only ₱20.
- Special Savings: Ideal for business owners who want to separate business funds from personal savings. Maintaining balance: ₱500.
- Share Capital: Each share is worth ₱300. Share capital may earn dividends and help determine your maximum loanable amount. Can only be withdrawn when you cancel your membership.
Loan Products
Even their loan products come in different types:
Short-Term and Emergency Loans
- Emergency Loan: Up to the amount of your share capital. No collateral required.
- Calamity Loan: Up to ₱15,000. For members affected by natural disasters.
- Instant Loan: Up to ₱10,000, renewable anytime. For members in good standing.
- Grocery Loan: ₱4,260, zero interest. Must be a regular member for 6 months and rated A- or above.
Personal and Consumer Loans
- Appliance Loan: Up to ₱50,000 for purchasing new household appliances or computers.
- Motorcycle Loan: Up to ₱100,000 for brand new motorcycles.
- MCH/Multicab Loan: Up to ₱50,000 for operators of motorcabs for hire.
- Personal Loan: Up to ₱1,000,000 for home-based workers, regular employees, or self-employed individuals.
- Salary Loan: Based on net take-home pay and employer agreement.
Business and Income-Generating Loans
- Business Enhancement Loan: Up to ₱200,000 for expanding registered businesses running for at least 2 years.
- Capacity Loan: Collateral required. Share capital must be at least 5% of the loan amount.
Vehicle Loans
- Auto Loan: Up to ₱3 million for new or second-hand vehicles. Interest: 8.25% straight line or 15.6% diminishing.
- Financing Loan: For vehicles aged 5 to 10 years. Up to 5x your share capital or ₱500,000.
Other Loan Types
- Educational Loan: Up to ₱100,000 for tuition, payable up to 10 months.
- Family Medical Insurance Loan: Covers family hospitalization (₱20,000/year). Max loan: ₱2,250.
- Regular Loan: Borrow more than your share capital (up to 200%) with collateral.
Other Programs
- Scholarship program for PHCCI Members in Good Standing (MIGS) or their children, grandchildren, or niece/nephew who live with them. The program offers:
- Private Colleges/Universities: Up to ₱25,000.00 per semester (₱50,000.00 per school year)
- State Colleges/Universities: ₱10,000.00 allowance per semester (₱20,000.00 per school year)
- Gift packs donation
Mobile App: GO PHCCI
PHCCI also encourages its members to stay in control of their finances with GO PHCCI, the official mobile app for the cooperative members.
Features include:
- Loan applications and status updates
- Real-time balance tracking
- QR code generation
- Notifications for transactions and approvals
- Security features like PINs, OTPs, and fingerprint login
Qualification
Take note that all interested applicants must meet the following criteria to be able to apply:
- Completed the mandatory Pre-membership Education Seminar (PMES)
- At least 18 years old
- Filipino Citizen
Requirements
To start your application, prepare the following requirements:
- Tax Identification Number (TIN)
- 1 valid photo ID
How to Apply for Membership at PHCCI
Becoming a member-owner of the PHCCI can be done either online or by visiting a branch. Here’s a step-by-step guide for both methods:
Online Application
Step 1. Go to the official website
Visit https://www.phcci.coop.
Step 2. Navigate to the Membership page
Click the menu icon, select “About Us”, then choose “Membership” from the dropdown.
Step 3. Access the PMES registration page
Scroll down and click the “Be a Member” button. This will redirect you to the Online Live Pre-Membership Education Seminar (PMES) portal.
Step 4. Start your PMES registration
Click the “Live PMES” button. While there is a pre-recorded PMES option, it is currently unavailable as of writing.
- Pre-register for PMES
- If you haven’t registered yet, click “I want to pre-register”, then fill in your full name, contact number, TIN, and preferred seminar schedule.
- If you’ve already registered, click “I am already pre-registered” and enter your details.
- Verify your registration
An OTP (One-Time Password) will be sent to your mobile number. Enter it to complete your PMES pre-registration.
Step 6. Attend the PMES
Join the live session on your chosen schedule and follow the next instructions to complete your membership process.
Onsite Application
Step 1. First, complete the Online PMES
This step is mandatory before any in-person registration. If you can’t, you also have the option to main office or any of the 21 branches according to their scheduled PMES (schedule available here: https://www.facebook.com/share/p/1Ey9D3QEwH/)
Step 2. Submit requirements and fill out the application form.
Step 3. Proceed with the final steps as guided by the staff.
PHCCI promises that the full process takes less than 20 minutes.
Note: Prepare valid IDs, TIN, and other required documents when you apply. You may also inquire about membership eligibility and savings requirements on-site.
Video: Membership Application Procedures
Regardless of whether you want to apply online or onsite, you may check out this video for a visual walkthrough of the application procedures for aspiring PHCCI members:
Contact Information
Need to learn more? Reach out to PHCCI main office today or visit your nearest branch!
Perpetual Help Community Cooperative (PHCCI)
- Call: (035) 420-1800
- Email: info@phcci.coop
- Address: San Jose Ext., Dumaguete, 6200 Negros Oriental
- Business Hours: Monday–Saturday, 8:30AM–5:30PM
For more updates and information, follow the official PHCCI Facebook page or visit their website.