STMC Announcement: Suspension of deductions for the month of April 2020

Posted by on May 14, 2020 in News

Dear STMC members,

In line with the declaration of Enhanced Community Quarantine, our Coop will be suspending all deductions for loan payments and share capital for the month of April (April 10th and 25th payroll), following below provisions:

  • Double deductions shall not be implemented
  • Duration of payment will be extended to 2 paydays

We are one with you during this trying moment. Let us all keep ourselves & loved ones safe and healthy!

For more information and clarification, you may call STMC office at local 5707 or send your inquiry via email to


Thank you,

STMC Management