JOIN US AND BE A COOP MEMBER

JOIN US AND BE A COOP MEMBER

Be part of our growing family and get access to all the products and services of CAEMC. Join Today, Click the REGISTER button below.

Register
JOIN US AND BE A COOP MEMBER

JOIN US AND BE A COOP MEMBER

Be part of our growing family and get access to all the products and services of CAEMC. Join Today, Click the REGISTER button below.

Register
Cooperative Information

Cooperative Information

Cebu Air Employees Multi-Purpose Cooperative (CAEMC) is a cooperative owned by regular employees of the Cebu Pacific Air. It was founded by 22 regular employees with an initial capitalization of Php44,000.00. CAEMC received its Certificate of Registration from the Cooperative Development Authority of the Philippines last March 31, 2000 as an institutional based cooperative. Operations were professionalized and its programs and services were implemented to cater the needs of the members. To date, CAEMC members were figured at 2,559 while its net worth was recorded at Php300M.

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  1. To pay by installment the capital shares subscription as it falls due and to participate on the capital build-up of the cooperative.
  2. To patronize it’s business; regularly.
  3. To participate in it’s parliamentary affairs.
  4. To attend the membership meetings, regular or special.
  5. To obey the rules and regulations provided by R.A. 9520, the constitution by-laws, the decision of the GA and BOD policies and decision that may be promulgated by the CDA.
  6. To promote the aims and purposes of the cooperative, the success of it’s business, the welfare of each member and the cooperative movement as a whole.
  7. To inspect and examine the books of accounts, the minutes book, the share capital and other records of the cooperative during office hours and to exercise other rights and privileges of memberships.
  1. To participate in the deliberations during membership meetings.
  2. To vote on all matters brought before such meeting.
  3. To seek any election position, subject to the provisions of Article IV section 26 of the by-laws.
  4. To avail himself of the services of the cooperative without any discrimination whatsoever upon compliance with the condition and requirements thereof.
  5. To inspect and examine the books of accounts, the minutes book, the share capital and other records of the cooperative during office hours and to exercise other rights and privileges of memberships.
  1. Voluntary and Open Membership.
  2. Democratic Member Control.
  3. Member Economic Participation.
  4. Autonomy and Independence.
  5. Education, Training and Information.
  6. Cooperation among Cooperatives.
  7. Concern of Community

(Atleast with 6 months residency)

  • Death of the Member Contribution Php 40.00 / Member
  • Death of the Member's Dependents Php 20.00 / Member

For Married:

  • Dependent were parents, spouse, unmarried children below 21 yrs old.

For Single:

  • Dependent were parents, unmarried brothers and sisters below 21 years old

Products and Services

Cebu Air Employees Multipurpose Cooperative (CAEMC) is focused in uplifting the quality of life of its members through cooperative programs, it has the most competitive rates of savings and investments and affordable loan packages. CAEMC extends credit to aid and support the financial needs of every member in order to strengthen their financial well-being and foster economic development. CAEMC also promotes savings and investments to assist members in attaining financial stability. Carried out by a team of highly committed professional individuals ensuring quality and excellent service to all its members. 

Savings Deposit

Savings Deposit

  • ₱300 – ₱1,500,000 → 3% PA
  • ₱1,500,001 – ₱2,000,000 → 2.5% PA
  • ₱2,000,001 – ₱5,000,000 → 3% PA
Young Saver's Deposit

Young Saver's Deposit

4% PA

Time Deposit

Time Deposit

5% PA

Featured Loans

Special Loan
7% interest rate per annumMaximum term is 10 years
Salary Loan
10% interest rate per annumMaximum term is 5 years
Car Loan
5.5% interest rate per annumMaximum term is 6 years
Small Business Loan
7% interest rate per annum Maximum term is 5 years
Back to Back Loan
9% interest rate per annumMaximum term is 2 years
Educational Loan
6% interest rate per annumMaximum term is 3 years 
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Leadership Message

Capt. Edwin M. Bagtas
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Happy 25th Anniversary CAEMC. Today, we celebrate a remarkable milestone that reflects the hard work, dedication, and vision of everyone who has contributed to our cooperative’s journey. For the past 25 years, we have grown together, not just as a cooperative, but as a community bound by shared values and a common purpose. From our humble beginnings to becoming the thriving cooperative we are today, each step has been made possible by the trust, collaboration, and commitment of our members, partners, and employees. This anniversary is a reminder of how powerful collective effort can be in creating lasting change, fostering opportunity, and building a brighter future for all involved. As we celebrate this incredible achievement, we look back with pride on all we have accomplished and at the same time look forward to the future with renewed energy and enthusiasm. We remain committed to serving our members as we evolve with the times, and continuing to support each other in the spirit of cooperativism. The next 25 years hold even greater promise, and we are excited for the opportunities ahead. Thank you to everyone who has been part of our journey—your contribution has been invaluable. May the Almighty God bless us with many more years of shared success and growth. Again, Happy 25th Anniversary.

Capt. Edwin M. Bagtas

Chairman

Capt. Renato G. Reyes
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Today, we proudly celebrate a remarkable milestone – Our 25th Anniversary. This is not just a celebration of time but of the journey we have taken together – a journey of resilience, innovation, and shared success. We have grown together, faced challenges together, and celebrated triumphs together. Each moment has been a stepping stone toward building a legacy of trust, collaboration, and excellence. Our theme “Together We Thrive: Celebrating 25 Years of Collaboration and Success,” reflects the very essence of our cooperative. For a quarter of a century, we have stood together, supporting one another, adapting to change, and expanding our reach to better serve our esteemed members. This milestone is a testament to the trust and confidence you have placed in us. Your steadfast support has driven our growth and transformation, allowing us to provide better services and new opportunities. We recognize the dedication of our board, management, and staff, whose hard work has strengthened our foundation. Above all, we give thanks to the Almighty for His guidance, which has given us insight and fortitude throughout challenges. As we move forward, we remain committed to growing our services, welcoming new partners, and building a more inclusive and progressive Cooperative. The future holds even greater possibilities, and with all of you by our side, we will continue to prosper and build a legacy of success for generations to come. Together, we will keep thriving. From the bottom of my heart, thank you for being part of this journey. Congratulations and Happy 25th Anniversary, CAEMC!

Capt. Renato G. Reyes

President

Frequently Asked Questions

Your investment is secure because it is allocated to loans that are repaid through automatic salary deductions, ensuring consistent and reliable repayments directly from borrowers’ incomes.

It increases every month through salary deduction, but you can also deposit over-the-counter at CAEMC. You may also increase your share capital contribution by signing an authorization for payroll deduction.

When you become a member of the cooperative, you also take part in building its capital. This means you’re helping fund the coop’s business activities. By signing the authorization for automatic deduction in your membership application form, you agree to regularly contribute to this capital. You can choose to have a minimum amount of Php250 deducted from your salary, or you can opt for a higher amount if you prefer.

A member who defaults in his monthly amortization shall be penalized by a surcharge of 2% per month of the amount due until his arrears have been paid.

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