On March 3, 1963 the late Rev Fr. Eugene Simon founded Panabo Parish Credit Union Inc., one of the pioneer cooperatives in the province of Davao del Norte together with 15 Parish Leaders with an initial share capital of P130.00. Today, PMPC has magnified its growth with total assets of P3.39B and member-users strength of 107,659 from 14 branches in Mindanao. It continues to serve and build its members up stimulated by its commitment to transform and uplift the socio-economic lives of members and communities it serves through its innovative, relevant, and responsive financial and non-financial products and services.
PMPC operates and advocates the values of self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradition of its founders, cooperative members, officials and staff believe and practice the values of honesty, openness, social responsibility and caring for others and the community, following the time-tested cooperative principles.
PMPC serves more than 104,000 members and is steward of Assets worth more than Php 3 Billion.
PMPC is a leading affiliate of the National Confederation of Cooperatives and MASS-SPECC, and a staunch supporter of COOP-NATCCO Partylist.
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.Read More
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 a humble, honest and with high integrity in championing services both in government and private capacity to serve the marginal sector – farmers/fisherfolks through cooperativism.Read More
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.”Read More
WISCONSIN, USA — Worldwide Foundation for Credit Unions, the social impact affiliate of the World Council of Credit Unions (WOCCU) dedicated to financial inclusion, has launched a project to design interoperable, open-loop, low-cost, real-time payment platforms for its global network of credit unions across Asia, exploring the use of the Mojaloop open-source platform.Read More