• Co-ops' CISA Compliance Good for Economy

    Credit Information Corporation CEO Jaime P. Garchitorena lauded the release of the Cooperative Development Authority’s Memorandum Circular 2019-01, as: “a significant step in achieving many of the inclusive lending targets of the National Government.”   Asked why co-ops need to Read More
  • CDA Tells Co-ops to Submit Credit Data to CIC

    The Cooperative Development Authority (CDA) has confirmed that co-ops must ‘establish, maintain, and submit credit data’ of members to the Credit Information Corporation (CIC).   Said government agency issued its first memorandum circular for the year, Memorandum Circular 01-2019, named Read More
  • All China Co-op Leaders Visit NATCCO

    QUEZON CITY – Delegates from the All China Federation of Supply and Marketing Cooperatives (ACFSMC) visited the NATCCO Network headquarters on September 18 to exchange information, learn about the Philippine cooperative sector, and explore business linkages.   The Chinese delegation Read More
  • Sector Honors 3 Tagum Co-op Leaders

    DAVAO CITY -- Three leaders of Tagum Cooperative were honored at the 14th National Cooperative Summit held at the SMX Convention City here, before some 3,000 co-op leaders from all over the country.   Mr. ANTONIO C. ARAÑAS, MPA has served Read More
  • Lezo MPC's Champion, Aklan's Pride

    AKLAN – She served the National and Local Government as a dedicated, hardworking Municipal Agriculturist Extension Worker of the Municipality of Lezo for 42 years, before she retired in 2010.  And Emelinda Revestir-de la Cruz has proven herself to be Read More
  • COOP-NATCCO Partylist guns for 3 seats

    All cooperative members, leaders, staff, management and stakeholders are reminded to support COOP-NATCCO Partylist (CNPL) in the upcoming 2019 Elections.  Support is through – voting, campaigning, or providing finances and logistics.   The CNPL, since 1998, has endeavored to protect Read More
  • Ravanera, Chinese Counterpart Sign Agreement

    The Cooperative Development Authority (CDA) represented by Chairperson Orlando R. Ravanera and the Ministry of Agriculture and Rural Affairs (MARA) of the People's Republic of China represented by Han Changfu, signed a Memorandum of Agreement (MOU) for the Strengthening of Read More
  • Financial Pillar Shows Challenges & Hopes of Co-ops

    DAVAO CITY – One of the highlights of the 14th National Cooperative Summit was the Financial Pillar Presentation.  The Financial Pillar is considered to be the most “liquid” sector of the cooperative, delving into financial services.   The Finance Pillar Read More
  • How Lamac MPC Engages Youth

    DAVAO CITY - Co-op Youth Leader Justine Limocon of Lamac Multi-Purpose Cooperative in Cebu Province, spoke at the Cooperative Summit before more than 3,000 co-op leaders from all over the country, urging them to engage the youth in their cooperatives.   Read More
  • NATCCO GA on April 26-28 in Iloilo City

    ILOILO CITY – Representatives of member cooperatives of the NATCCO Network will converge in Iloilo City on April 26-28 for the 17th Coop Leaders Congress and the 42nd General Assembly.  Venue is the Grand Xing Imperial Hotel.   This year’s Read More
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MSU-IIT NMPC Celebrates 40th Anniversary

ILIGAN CITY – The NATCCO Network’s more than 800 member cooperatives join MSU-IIT National Multi-Purpose Cooperative celebrates on January 18 its 40th Founding Anniversary.
 
In a video posted on the co-op’s Facebook page, CEO Emma Nieva told all the members: “On this 40th Anniverary of MSU-IIT NMPC, I pray that the co-op will be a vehicle for improved quality of life or all of us. Thank you for your continuing trust!”
 
Rhodora Englis, Chairperson, said: “Today is a historic and momentous event. It is a good time to look back to where our co-op started, where we are now and where we are going.  I congratulate the members who have trusted and supported our co-operatie for the last 40 years.  It is also a good time to appreciate the efforts of the many mn and women behind what our co-op has become.  We enjoin and encourage everyone to continue supporting and working for this co-op with all passion, dedication, and diligence as we face current realities and challenges for our survival in the next years.”
 
MSU-IIT National Multi-Purpose Cooperative (MSU-IIT NMPC), popularly known as IIT COOP, serves 70,000 members through 20 branches all over Mindanao.  
 
IIT COOP was established in 1978 with an initial deposit of Php 86.20 led by Prof. Edna E. Aberilla as founding Chairperson.
IIT Coop reached the million mark in 1986, and by 2002 was already a “Century Cooperative.”  But beyond money matters, the co-op endeavors:
 
Finance: To ensure the financial viability of the cooperative.
Market: To establish a strong market presence in strategic areas in the Philippines.
Products: To continuously develop and innovate products and services satisfying the changing needs of the members.
Workforce: To maintain a highly motivated and competent workforce.
Governance: To practice high ethical standards, operational efficiency and effectiveness in governance the cooperative.
Community: To develop sustainable outreach programs and linkages with other institutions.
 
IIT COOP is currently headed by the Chairperson of the Board of Directors, Dr.Rhodora S.N. Englis and Chief Executive Officer,Dr. Emma A. Nieva, CPA.
 
As of December 2016, IIT COOP manages Assets amounting to Php 1.53 Billion, Total Deposits of Php 840.3 Million, Total Share Capital of Php 415.25 Million and raked in Net Surplus of Php 37.6 Million.
 
www.msuiitcoop.org
 

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