DAVAO CITY – After a series of false starts, a group of some thirty men of the Santo Rosario Parish in Toril District started attending orientation lectures on Credit Unions 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 when, under the supervision and guidance of the City CCO, Mr. Ancheta , these pioneers 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 president was Mr. Fernando Pantig.  

On February 17, 1969, the registration papers recognizing the Toril Cooperative Credit Union, Inc. were approved by the Director of the Cooperative Administration Office (CAO), Manila, thus the Toril Community Cooperative Credit Union began its existence as a legal entity. TCC’s first office was a space beside the convent of Sto. Rosario Parish. Only four personnel ran the operation. 

Starting with an initial fixed deposits of P1,157 on the day of its registration with 45 members, today the cooperative has 16,776 members with Total Assets of Php 486 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 house at Bayanihan St. 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 Assembly approved the establishment of a Funeral Parlor now called the “TCC Funeral Home”, to grieving members and their families excellent yet affordable funeral care services. 

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

The following year, 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 first Condo-Hostel that is owned and operated by a primary  Cooperative in