Membership

Qualification

Any natural person can be a member of the Cebu FLEXI Community Cooperative provided he/she possess the following:

• Must be 18 years of age
• Must be a Filipino Citizen
• Must be able to validate enter into a contract

Rights of Membership

• equal voting rights with other members regardless of the amount of share capital contribution.
• To avail of all services and facilities of the COOP such as loans, tax-free interest income on deposits, whether savings or time and participation in the COOP’s Health fund called the MMAF.
• To invest in a tax-exempt dividend-bearing share capital equity participation in the COOP’s capital base.
• To be informed of the financial status of the cooperative
• To attend and participate in all general and special meetings for the membership
• To have access to information on all policies, guidelines rules and procedures affecting membership rights and interests.

Duties and Responsibilities of Membership

• To pay promptly the annual membership dues
• To settle promptly all outstanding obligations with the COOP
• To maintain a current record of all personal data in the FLEXI database
• To be regularly informed of new policies, procedures, news or events concerning COOP matters by regularly accessing the COOP’s website and online social media pages.