Tagum Cooperative
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Type | Savings and Credit Cooperative |
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Industry | Finance and Insurance |
Founded | Tagum City, Philippines (1967) |
Headquarters | Dalisay Gante Road, Magugpo West Tagum City, Philippines |
Key people | Juris D. Perez, CPA, MBA (General Manager) Atty. Maria F. Lina Baura, CPA (Treasurer) Eduard C. Amoguis, Ed.D., (BOD Chairperson) |
Products | Financial services |
Website | http://www.tagumcooperative.coop |
Tagum Cooperative is one of the largest cooperatives in Mindanao, Philippines as it is classified by the Cooperative Development Authority (CDA) of the Philippines as a large cooperative . It is composed of over 117, 000 members as of June 2015 coming from Tagum City, Davao del Norte and towns and cities throughout Region XI and in CARAGA region.
History[]
In May 1967, Tagum Cooperative was established as Holy Name Society (HNS) of Tagum Parish with 38 founding members having an available share capital of P80.00.
Cooperative slogan[]
"where people invest their trust"
Cooperative highlights and financial standing[]
Financial Performance | ||||
---|---|---|---|---|
Account Description | Year 2013[1][2] | Year 2012[2] | Increase/(Decrease) | % of Movement |
Cooperative Assets | PHP2.25 Billion | PHP1.81 Billion | ||
Loan Portfolio | PHP1.72 Billion | PHP1.39 Billion | ||
Members Deposits | PHP1.05 Billion | PHP862 Million | ||
Members Share Capital | PHP755 Million | PHP625 Million | ||
Net Surplus | PHP200.7 Million | PHP168 Million | ||
Delinquency Rate | 8.30% | |||
Members | 99,807 | 83,378 |
Awards and recognition[]
- First Galing Pook Citizenship Awardee. Tagum Cooperative is the FIRST AND ONLY COOPERATIVE WINNER in that prestigious Award intended for individuals, NGOs, civil society who/which best exercised and practiced citizenship for community and nation-building, guided by the criteria of positive results, promotion of people’s participation and empowerment, innovation, transferability and sustainability, good governance, and efficiency of program service delivery.
- A-one Competitive Choice for Excellence in Service and Soundness (ACCESS) SILVER-branded cooperative given by the Asian Confederation of Credit Unions (ACCU) in 2015 and was ACCESS BRONZE-branded Cooperative in 2014. Tagum Coop is the ONLY SILVER ACCESS BRANDED Cooperative in ASIA.
- "Branded as a Finance Organization achieving Certified Credit Union Standards (FOCCUS) in the year 2000 by the World Council of Credit Unions (WOCCU), based in the United States of America (USA), through its outreaching- cooperative program office in the Philippines, popularly known as the Credit Union Empowerment and Strengthening (CUES)- Philippines"
- Villar Social Institute for Poverty Alleviation and Governance (SIPAG) Award in 2014.
- CDA Gawad Parangal Hall of Fame Awardee Large Scale Cooperative Category for winning as the best cooperative for three consecutive years (Grand Slam).
- CDA Gawad Parangal 2013 Most Outstanding Cooperative Large Scale Category – National Level[3]
- Most Outstanding Youth-Based Savings Program - Awarded by the National Youth Commission this May 2013[4]
- Gawad Parangal 2012 (Regional and National Level)/Most Outstanding Large Cooperative - Awarded by the Cooperative Development Authority of the Philippines in Limketkai Mall, Cagayan de Oro City[5]
- Most Outstanding Cooperative GAD-FEP Implementor for year 2011 - given in 2012 by MASS-SPECC Cooperative Development Center[5]
- Top Aflatoun Cooperative Award for year 2011 - given by National Confederation of Cooperatives (NATCCO)[5]
- Gawad Parangal 2011 (Mindanao Wide) - Awarded by the Cooperative Development Authority of the Philippines
- Regional Business Excellence Award for Small and Medium Enterprise (SMEs)
- National Business Excellence Award for Small and Medium Enterprise (SMEs)
Both awards are given by Small and Medium Business Development Foundation, Inc. (PHILSMED)
Affiliations[]
- National Confederation of Cooperatives (NATCCO)[6]
- Mindanao Alliance of Self-help Societies- Southern Philippines Educational Cooperative Center (MASS-SPECC)
- Model Cooperative Network (MCN)
- CLIMBS Life & General Insurance Cooperative
- Credit Union Trainers for Empowernment (CUTE)
- Metro South Coop Bank
- Asian Confederation of Credit Unions (ACCU)
- One of the 15 partner co-ops in the GE Project in the Philippines that was implemented by the Asian Women in Co-operative Development Forum (AWCF) from 2010-2012, supported by the Swedish Cooperative Centre (SCC).[7]
Cooperative service networks[]
Main office[]
Its main office is located along Dalisay Road, Magugpo West, Tagum City
Branches[]
Davao City[]
- Bajada Branch
Door No. 3 RDC J.P Laurel Ave., Bajada, Davao City Telephone #: (082) 224-1886
- Matina Branch
Door No. 2 Josefina Bldg., McArthur Highway, Matina, Davao City Telephone #: (082) 299-2172
- Mintal Branch
Sanico Bldg., Sampaguita St., Mintal, Tugbok Dist., Davao City Telephone #: (082) 293-1377
Compostela Valley Province[]
- Nabunturan Branch
TC Bldg., Purok 7, L.P. Arabejo Ave., Poblacion, Nabunturan, Compostela Valley Province Telefax #: (084) 643-0001
Davao del Norte[]
- Carmen Branch
Carmen Public Market, Rosal St., Ising, Carmen, Davao del Norte Telephone #: (084) 628-5800
- Panabo City Branch
Door Nos. 4 & 5, Sola Gratia Bldg., Sto. Nino, Panabo City, Davao del Norte Telephone #: (084) 628-8512
- Sto. Tomas Business Center
Reforma Bldg., R. Magsaysay Ave., FD Road 3 Tibal-og, Sto. Tomas, Davao del Norte Telephone #: (084) 829-2558
- Tagum City Public Market Branch
Door 1 & 2, Pereyras Bldg., Public Market, Tagum City Davao del Norte Telefax #: (084) 216-4173
Davao del Sur[]
- Digos City Branch - opened within 2013.
Door No. 1 Racillo Bdlg., Fronting Terminal Exit Zone III, Digos City Telephone: (082) 237-0055
Agusan del Sur[]
- San Francisco Branch
Purok 6, Barangay 2 San Francisco, Agusan del Sur Telefax #: (085) 839-5162
References[]
- ^ "Tagum Coop posts 20 percent growth". Sun Star Davao.
- ^ a b "Tagum Coop offers loans to businessmen members". Edge Davao. March 11, 2014.
- ^ Philippine Information Agency (October 11, 2013). "CDA, LDCOP honor outstanding cooperatives in the country". Cooperative Development Authority (CDA).
- ^ "Tagum Coop picked as best in savings program". National Youth Commission. May 22, 2013.
- ^ a b c "Tagum Cooperative gains more awards". Asian Women in Co-operative Development Forum.
- ^ "Members of the NATCCO Family". National Confederation of Cooperative (NATCCO).
- ^ "AWCF concludes GE Project--Co-ops continue gender journey, submits "Call for Action"". Asian Women in Co-operative Development Forum.
External links[]
- http://www.tagumcoop.org/
- http://www.cda.gov.ph/website/eowebs/r11/images/success_story_of_Tagum_Cooperative-final.pdf
- http://www.sunstar.com.ph/davao/business/2013/04/27/coop-sustain-high-fiscal-feat-279738
- http://www.cda.gov.ph/website/eowebs/r11/index.php/news-and-events/news/126-tagum-coop-named-best-managed-coop
- http://www.gov.ph/2013/03/17/message-of-president-aquino-to-tagum-cooperative-on-the-occasion-of-their-46th-annual-general-assembly-march-17-2013/for-action&catid=61:kf-project-centerscc-proj-no-10-512953&Itemid=125
- http://www.businessweekmindanao.com/2013/05/22/tagum-coop-picked-as-best-in-savings-program/
- http://www.mindanaotimes.net/tagum-coop-eyes-p2-2-b-in-assets/
- http://www.sunstar.com.ph/davao/business/2014/03/10/tagum-coop-posts-20-growth-2013-332429
Categories:
- Cooperatives in the Philippines
- Tagum