Credit Surety Fund Cooperative Act of 2015, Republic Act No. 10744 (Philippines)

The Credit Surety Fund Cooperative (CSF Cooperative) was established as a local government unit-partnered cooperative composed of well-capitalized and well-managed member-cooperatives/non-government organizations which have met the prescribed qualifications, all of whom shall make contributions to the CSF. 

The Republic Act defined the organization, registration, tax treatment, as well as the composition, powers and responsibilities of the CSF Cooperative's board of directors. 

A CSF Cooperative shall set up one CSF for the purpose of providing alternative means of collateral cover for the loan or credit accommodations obtained by qualified borrowers from lending banks. The Republic Act further defined the process for the withdrawal of contributions, maximum loan availment of qualified borrowers and how the CSF fund shall be used and administered.