The Philippine Deposit Insurance Corporation (PDIC) will start receiving claims for insured deposits of the closed Cooperative Bank of Lanao del Norte (Coop Bank Lanao del Norte) on September 21, 2010.

In obtaining a claim form, depositors must present the original evidence of deposit (such as savings passbook, certificate of time deposit, bank statement including unused checks) to the PDIC representative/s. The number indicated on the Claim Form corresponds to the Filing Date posted at the receiving site.

Depositors are requested to proceed directly to the premises of Coop Bank Lanao del Norte on their scheduled filing date where they can file their claims with the PDIC representatives from September 21 to 23, 2010, during office hours.

After the said period, depositors can file their claims personally at the Ground Floor, PDIC Bldg., 2228 Chino Roces Ave., Makati City from Monday to Friday, during office hours.

Depositors should PERSONALLY FILE their claims, except when depositor is:

1. a minor, thus, parent should file the claim;

2. abroad, thus a special power of attorney of depositor, authenticated before the Philippine Consulate should be submitted;

3. incapable of personally appearing before the PDIC representative/s due to serious physical injury, condition, ailment, or infirmity due to advanced age. A notarized medical certificate stating the health condition of the depositor and notarized special power of attorney should be submitted.

In filing a claim for insured deposits, the following minimum requirements should be submitted:

1. DULY ACCOMPLISHED CLAIM FORM and CLAIM STATUS SHEET;

2. ORIGINAL EVIDENCE OF DEPOSIT such as savings passbook, certificate of time deposit, bank statement including unused checks;

   For joint accounts: “OR, AND/OR, AND”, passbook/certificate of time deposit/bank statement should be photocopied as many copies as there are depositors to the account.

3. ORIGINAL AND PHOTOCOPY OF TWO (2) VALID PHOTO-BEARING IDENTIFICATION DOCUMENTS (IDs) with signature of depositor (e.g. Driver’s License, SSS/ GSIS ID, Senior Citizen’s ID, Passport, PRC ID, OWWA/ OFW ID, Seaman’s ID, Alien Certification of Registration ID, Voter’s ID);

4. ORIGINAL COPY AND PHOTOCOPY OF THE BIRTH CERTIFICATE FROM THE NATIONAL STATISTICS OFFICE (NSO) OR DULY CERTIFIED COPY FROM THE LOCAL CIVIL REGISTRAR, for depositors below eighteen (18) years old.

Other documents may be required by the PDIC representative/s in the course of their processing of claims filed.

All claims shall be processed in the PDIC Head Office. Check payments for valid deposit insurance claims will be sent through registered mail.

In accordance with the provisions of R.A. 3591, as amended, the last day for filing claims for insured deposit in the closed Coop Bank Lanao del Norte is on September 17, 2012. After September 17, 2012, PDIC, as insurer, shall no longer accept any claim for insured deposits maintained with the said closed bank.