Tagum Cooperative

Tagum Cooperative
Savings and Credit Cooperative
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 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

  TC Bldg., Purok 7, L.P. Arabejo Ave.,
  Poblacion, Nabunturan,
  Compostela Valley Province
  Telefax #: (084) 643-0001

Davao del Norte

  Carmen Public Market, Rosal St.,
  Ising, Carmen, Davao del Norte
  Telephone #: (084) 628-5800
  Door Nos. 4 & 5, Sola Gratia Bldg.,
  Sto. Nino, Panabo City, Davao del Norte
  Telephone #: (084) 628-8512
  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

  Door No. 1 Racillo Bdlg., Fronting Terminal Exit
  Zone III, Digos City
  Telephone: (082) 237-0055

Agusan del Sur

  Purok 6, Barangay 2
  San Francisco, Agusan del Sur
  Telefax #: (085) 839-5162

References

  1. ↑ "Tagum Coop posts 20 percent growth". Sun Star Davao.
  2. 1 2 "Tagum Coop offers loans to businessmen members". Edge Davao. March 11, 2014.
  3. ↑ Philippine Information Agency (October 11, 2013). "CDA, LDCOP honor outstanding cooperatives in the country". Cooperative Development Authority (CDA).
  4. ↑ "Tagum Coop picked as best in savings program". National Youth Commission. May 22, 2013.
  5. 1 2 3 "Tagum Cooperative gains more awards". Asian Women in Co-operative Development Forum.
  6. ↑ "Members of the NATCCO Family". National Confederation of Cooperative (NATCCO).
  7. ↑ "AWCF concludes GE Project--Co-ops continue gender journey, submits "Call for Action"". Asian Women in Co-operative Development Forum.
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