Toril Community Cooperative

Davao City

After a series of false starts, a group of some thirty men of the Santo Rosario Parish, Toril, Davao City, started attending orientation lecture on Credit Union given by social actionists from the Sta. Ana Parish. Foremost among the social actionists were Mr. Hardenio Hofilenia, Atty. Fernando Alag, Mr. Epifanio Datoy, Mr. Pablo Naong and Mr. Eustaquio Ancheta, the CCC of Davao City. These lectures were conducted sometime in November and December, 1968.

These culminated on December 29, 1968 when, under the supervision and guidance of the City CCO, Mr. Ancheta , these men decided to form the Toril Community Cooperative Credit Union, Inc. and elected their officers, in conformity with the provisions of Republic Act No. 2023. The first elected officers were: Fernando Pantig, President; Pedro Concepcion, Vice President; Constantino Rabara, Secretary; Jose Ferriols, Treasurer/Manager; and Noe Albay, Director

On February 17, 1969, the registration papers recognizing the Toril Cooperative Credit Union, Inc. with Registration No. 002171, were received, approved by the Director of the Cooperative Administration Office (CAO), Manila, thus the Toril Community Cooperative Credit Union began its existence. TCC’s first office was a space beside the convent of Sto. Rosario Parish. Only four personnel were running the operation. 

Starting with an initial fixed deposits of P1,157.00 on the day of its registration with a total of 45 members, today, our multi-purpose cooperative boasts of 16,776 members with total assets of Php486.7 Million. Toril Community Cooperative Credit Union Inc. changed its name to Toril Community Cooperative (TCC).

In 1972, TCC amended its by-laws from a Credit Union to a Multi-Purpose Cooperative and introduced, among other things, a self-help mortuary among its members.

In 1980, TCC acquired a residential-type property at Bayanihan St., Toril, Davao City which was converted into an office. This became the new office of the cooperative.  

Sometime in 1985 TCC engaged in trading center selling farm implements and groceries to the members but this business did not prosper and was closed sometime in 1990.

In 1992, the General Membership approved the establishment of a Funeral Parlor now called the “TCC Funeral Home”, purposely to assist a decent way for the final destiny of the members and their families by offering immediate, yet affordable rates of services. 

In 1995, the General Assembly approved the construction of the new office of TCC in a lot purchased in Saavedra Street, Toril, Davao City. 

In 1996, TCC moved to its new 5-storey building with an elevator, the first in the entire district.

In  2006, TCC inaugurated its Condo-Hostel and Dormitory, a 4-storey building located at

Bayanihan St., Toril Poblacion, Davao City.  This is the 1st Condo-Hostel that is owned and operated by a primary  Cooperative in  Mindanao.

With the expansion of its area of operation to Davao City and Davao del Sur, TCC launched its first branch in Brioso St., Sta. Cruz, Davao del Sur in June 28, 2004. 

A year after, TCC Calinan Branch located at Magsaysay St. opened.

In August 2011, two branches were inaugurated, August 8, 2011 in Mintal, Davao City and August 18, 2011 in Digos City. Last January 2017, satellite office in Puan, Davao City started its operation. 

 In July 18, 2018 TCC Funeral Home and TCC Savings and Credit Satellite Office in Padada, Davao del Sur was Launched and inaugurated.

To date, TCC offers the following products and services:

Deposits,  Loaning Services with affordable interest rates, Office Spaces for rent, Mortuary Aid Benefit to Members and their families, a Funeral home, KAYA Payment Platform and ATM.  

Community Outreach Programs include Brigada Eskwela Program, Senior High School Trainees of schools where TCC has branches.

Toril Community Cooperative is also a recipient of various awards and recognitions from the Federations where it is affiliated, from the City Government for its active participation and implementation of its programs, and from other institutions.

VISION:

A competitive cooperative where members enjoy better quality of life.

MISSION: 

To develop self-reliant and self-disciplined members through the provision of quality products and services and continuous education.