• CDA Appeals to the Billionaire Co-operatives

    TAGUIG CITY – The Cooperative Development Authority (CDA) has broadcast an appeal to the so-called Billionaire Co-operatives to use their vast resources to 1) protect the environment, 2) assist indigenous Filipinos, and 3) help small or fledgling co-operatives.   At the Read More
  • ICA Confab on People-Centered Development

    KUALA LUMPUR – More than 1,800 co-operators are meeting here for the International Co-operative Alliance’s Global Conference and General Assembly (14- 17 November). For three days co-operators from around the world will examine how co-operatives are putting people at the centre Read More
  • NATCCO Central Fund is 15!

    The NATCCO Central Fund celebrates its 15th Anniversary on November 8. To push for internally-generated funding, the NATCCO established the NATCCO Central Fund from the National Central Liquidity Fund in 2002.   About eighty percent of NATCCO member-cooperatives were credit Read More
  • What to do with all that Lovely Money

    Retired Major General Gilbert Llanto of ACDI Multi-Purpose Cooperative in Taguig City was invited to speak at the recent Agricultural Cooperative Conference in Quezon City.  Every co-op leader should read this, and have the same conviction.    As you very Read More
  • What to do with all that Lovely Money

    Retired Major General Gilbert Llanto of ACDI Multi-Purpose Cooperative in Taguig City was invited to speak at the recent Agricultural Cooperative Conference in Quezon City.  Every co-op leader should read this, and have the same conviction.    As you very Read More
  • Handbook on Job Analysis and Evaluation

    Managing people is one of the most difficult and complex part of the operations of a co-op.   That is why the NATCCO Network has released a new book entitled “Job Analysis and Evaluation Handbook” to provide a “strategic Human Read More
  • Co-ops Must Register with NPC

    Cooperatives as Personal Information Controllers or Processors are mandated to comply with the Data Privacy Act (DPA), and are thus, required to register with the National Privacy Commission (NPC). This was the reply of the NPC to a query by Read More
  • Credit Union Day!

    On October 19, the NATCCO Network office and its 850 member co-ops all over the Philippines, along with more than 56,000 credit unions around the world, celebrate International Credit Union Day (ICU Day), and the philosophy and achievements of the Read More
  • Tagum Cooperative Golden Success Thru Excellence

    Tagum Cooperative (TC) was established in 1967 as the Holy Name Society (HNS), a Catholic lay organization in Tagum Parish. The first co-op members were the 38 HNS members, with a starting capital of Php 80 in which four of Read More
  • Court Denies anti-CISA TRO Request

    BAGUIO CITY – The Credit Information System Act (CISA) includes co-ops, is constitutional, and was not repealed by the passage of the New Cooperative Code in February 2009.  Thus, co-operatives are subject to the CISA.   This was the ruling of Read More
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Tagum Cooperative Golden Success Thru Excellence

Tagum Cooperative (TC) was established in 1967 as the Holy Name Society (HNS), a Catholic lay organization in Tagum Parish. The first co-op members were the 38 HNS members, with a starting capital of Php 80 in which four of the members had each paid Php20. 
 
On October 13, 1968 a “Special General Assembly” was held wherein the Holy Name Society changed its name to Tagum Community Cooperative Credit Union, Inc. (TCCUI) and adopted a formal charter for the first time. The name change reflected its expansion of membership from that of the parish to Tagum’s whole community.
 
The way to success has never been easy as struggles for power, gender equality and corruption haunted the cooperative. Delinquency rate rose to 68% and there was massive withdrawal of members. But with God’s grace, an immense cleansing and transformation of its dedicated officials, Tagum Cooperative was revived and has now been a steward of the cooperative movement.
 
Fifty years later, Tagum Cooperative is a multi-billionaire cooperative with “from womb to tomb” services anchored on 4 business lines – Saving and Credit Group (SCG), Member Benefit and Assistance (MBA), Funecare and Ancillary Services. It serves over 135,000 members and users from the Provinces of Davao del Norte, Davao del Sur, Davao Oriental, Compostella Valley, Agusan del Sur and Agusan del Norte.
 
TC has achieved its stability thru good governance and strict adherence to prudential financial standards as evidenced by its increasing assets of P 5 Billion plus and low delinquency rate of 5.51%. TC ensures that officers, employees and members are educated on significant cooperative matters. The community also benefits thru the various developmental initiatives for health, livelihood, education and the environment which are sustained through the years. All these endeavors are made possible thru the Cooperative Education and Training Fund (CETF) and the Community Development Fund (CDF) allocations from the Net Surplus generated for the year.
 
Thru perseverance and commitment in complying with the stringent standards on Financial, Customer-Member, Internal Business Processes and Learning and Growth perspectives, the Cooperative has achieved multifarious local, national and international recognitions. These include the A-1 Competitive Choice for Excellence in Service and Soundness (ACCESS) Silver Accreditation, Finance Organizations achieving Certified Credit Union Standards (FOCCUS) Platinum Award, Villar Sipag Awards for Social Enterprises and Galing Pook Citizenship Award. Tagum Cooperative is a Hall of Fame Awardee for the CDA Gawad Parangal Most Outstanding Cooperative – Large Scale Category.
 
Welcoming a new era of sustainability and prosperity, Tagum Cooperative will continue living its vision of becoming the icon of trust and excellence in social and financial services. Indeed, Tagum Cooperative is “where people invest their trust”.
 
 
 
Tagum Cooperative (TC) was established in 1967 as the Holy Name Society (HNS), a Catholic lay organization in Tagum Parish. The first co-op members were the 38 HNS members, with a starting capital of Php 80 in which four of the members had each paid Php20. 
 
On October 13, 1968 a “Special General Assembly” was held wherein the Holy Name Society changed its name to Tagum Community Cooperative Credit Union, Inc. (TCCUI) and adopted a formal charter for the first time. The name change reflected its expansion of membership from that of the parish to Tagum’s whole community.
 
The way to success has never been easy as struggles for power, gender equality and corruption haunted the cooperative. Delinquency rate rose to 68% and there was massive withdrawal of members. But with God’s grace, an immense cleansing and transformation of its dedicated officials, Tagum Cooperative was revived and has now been a steward of the cooperative movement.
 
Fifty years later, Tagum Cooperative is a multi-billionaire cooperative with “from womb to tomb” services anchored on 4 business lines – Saving and Credit Group (SCG), Member Benefit and Assistance (MBA), Funecare and Ancillary Services. It serves over 135,000 members and users from the Provinces of Davao del Norte, Davao del Sur, Davao Oriental, Compostella Valley, Agusan del Sur and Agusan del Norte.
 
TC has achieved its stability thru good governance and strict adherence to prudential financial standards as evidenced by its increasing assets of P 5 Billion plus and low delinquency rate of 5.51%. TC ensures that officers, employees and members are educated on significant cooperative matters. The community also benefits thru the various developmental initiatives for health, livelihood, education and the environment which are sustained through the years. All these endeavors are made possible thru the Cooperative Education and Training Fund (CETF) and the Community Development Fund (CDF) allocations from the Net Surplus generated for the year.
 
Thru perseverance and commitment in complying with the stringent standards on Financial, Customer-Member, Internal Business Processes and Learning and Growth perspectives, the Cooperative has achieved multifarious local, national and international recognitions. These include the A-1 Competitive Choice for Excellence in Service and Soundness (ACCESS) Silver Accreditation, Finance Organizations achieving Certified Credit Union Standards (FOCCUS) Platinum Award, Villar Sipag Awards for Social Enterprises and Galing Pook Citizenship Award. Tagum Cooperative is a Hall of Fame Awardee for the CDA Gawad Parangal Most Outstanding Cooperative – Large Scale Category.
 
Welcoming a new era of sustainability and prosperity, Tagum Cooperative will continue living its vision of becoming the icon of trust and excellence in social and financial services. Indeed, Tagum Cooperative is “where people invest their trust”.
 

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