As BCC Member, I hereby pledge to agree and comply with the following terms and conditions of my membership with the Barangka Credit Cooperative:

1. To prove that I have attended, completed and finished the prescribed Pre-Membership Education Seminar (PMES) on this day of ____________ (MM/DD/YY) under Certificate Number ____________.

2.To pay the membership fee of ₱200.00 upon application, the required minimum share capital subscription within the prescribed 24-month period, and other fees prescribed under the initial membership investment;

3. To comply with the provisions of the Articles of Cooperation, By-Laws, policies, and regulations set by the Board of Directors, the General Manager or the Chief Executive Officer, as well as acts of duty constituted Authorities, and in case of failure on my part to do so, the BCC Board of Directors or its designated representative/s, or the Kilusang Bayan or Court, at its options may:

3.1.     Fine, suspend, terminate or expel me from membership, where upon my shareholding shall be answerable for my loans as co-maker and other liabilities to BCC. This is without prejudice to the right of BCC to file complaints for collection of all loans and obligations to BCC in case my shareholding is not sufficient to cover the full payment of loans;

4. To certify the truthfulness of all the information prescribed in this membership application form including the information provided under my Beneficiary/ies Information for Life Share Protection Plan (LSPP) Benefit. I further certify that I have read, understood and have been appraised, as well as my beneficiaries and family members of the LSPP, to which I/we adhere and strictly abide. Any
violation on any part or whole policy shall be enough ground for the non-payment or forfeiture of my LSPP benefits without any further notice.

5. To participate and patronize in the following Capital Build-Up (CBU) program of the cooperative as prescribed under Membership Policy Article II, Section 2, Section 7 and By-Laws Article VII,
Section 68:

5.1. To subscribe for a minimum of 140 shares valued at ₱100.00 per share, and pay in lump sum or installment within 24 months from the approval of this membership application;

5.2. Upon completion or full payment of the required minimum 140 shares, to continue subscribing, adding, contributing, depositing or paying on a daily/weekly/semi-monthly/monthly
at least ₱___________ for my Share Capital account and at least ₱___________ for my Regular Savings account, to which may be deducted or collected from my monthly salary/
earnings/income;

5.3. To contribute at least 5% of the loan/s that I will avail for my CBU. For this purpose, I hereby authorize BCC to automatically deduct 5% from my approved loan/s and add the amount
to my Share Capital account

5.4. To contribute at least 50% of the annual interest on capital and patronage refund due to me, and add to my Share Capital account;

6. To agree and comply that the availment of any loan facility from BCC is a privilege and not a matter of right. Whenever I avail a loan product, I commit to take care of my account responsibly
and ensure to pay my due religiously;

7. To agree and comply the terms and conditions applied on membership withdrawal/resignation/termination as prescribed under the following:

7.1.     BCC By-Laws, Article III, Section 5, to wit: “A member may, for any valid reason, withdraw/resign/terminate his/her membership from the cooperative by giving a 60-working day notice
to the Board of Directors. However, no member shall be allowed to withdraw or terminate his/her membership during any period in which he/she has any pending obligations with the
cooperative.”;

7.2.     BCC Membership Policy, Article II, Section 5, to wit: “A member who opts to withdraw/resign/terminate his/her membership with the cooperative must comply the procedures identified
herein:

7.2.1.     To secure, fill-up and submit membership withdrawal/resignation/termination and clearance form;

7.2.2.     To surrender and submit Share Capital Certificate, passbooks, MIGS ATM card and other documents issued by BCC

7.2.3.     To undergo counseling and re-orientation from the Board of Directors or any of its authorized representatives;

7.2.4.     To pay the required withdrawal/resignation/termination fee of ₱1,000.00 to be automatically deducted from cash proceeds upon membership withdrawal/resignation/
termination;

8. Share of a resigning member, with or without financial obligations and liabilities is subject to Exit Fee of 5%, which will be deducted from his/her total outstanding shares on common & preferred, as prescribed under article V, Treasury Share of BCC Membership Policy.

9. To adhere and comply with all the remedies and settlement of disputes under BCC By-Laws, Article XI before going to Cooperative Development Authority (CDA) or courts.

Note: Rev. August 2023