• Kaya Payment Platform used in e-cooptrade.coop

    MALATE, MANILA -- Kaya Payment Platform is now one of the payment modes for purchases done at the website e-cooptrade.coop.  The signing of the Memorandum of Understanding by three co-op federations was one of the highlights of the ASEAN Cooperative Business Read More
  • ASEAN co-op federations to redeem agri

    MALATE, MANILA – Cooperatives all over the ASEAN region have agreed to work together to gain control of the agriculture industry.   As Amir Islam an observer from Bangladesh said: “Landless workers simply provide labor to landlords and land-owning farmers are Read More
  • NPC Registration Deadline: March 8

    Cooperatives as Personal Information Controllers or Processors are mandated to comply with the Data Privacy Act (DPA), and are thus, required to register with the National Privacy Commission (NPC).  And the deadline is March 8.   This was the reply Read More
  • MSU-IIT NMPC Celebrates 40th Anniversary

    ILIGAN CITY – The NATCCO Network’s more than 800 member cooperatives join MSU-IIT National Multi-Purpose Cooperative celebrates on January 18 its 40th Founding Anniversary.   In a video posted on the co-op’s Facebook page, CEO Emma Nieva told all the members: Read More
  • Malabon Central Market Co-op Celebrates 40th

     MALABON CITY – Last September 14, 2017, the Malabon Central Market Development Cooperative (MCMDC) celebrated its Ruby Anniversary with activities throughout the day, which included an early morning mass, free eye check-up, reflexology, medical consultation, and haircuts to members and even Read More
  • We Don't Need to be a Department, says CDA Board

    Will the Cooperative Development Authority become a separate Department? Nope, says the CDA Board of Administrators.  The CDA has no official position on any amendments to  RA 6939 or the CDA Charter. According to an undated internal memorandum issued by Read More
  • CDA Gets 17% Budget Increase for 2018

    The Cooperative Development Authority (CDA) budget under the 2018 General Appropriations Act signed by President Rodrigo Duterte last December 19 amounts to P503.12 Million.     This is a 17% increase compared to the 2017 Budget of P430 Million.   CDA Read More
  • President Signs TRAIN, Co-op Tax Exemptions Remain

    Cooperators all over the country heaved a sigh of relief as President Rodrigo Duterte signed into law the Tax Reform for Acceleration and Inclusion Act (TRAIN) on December 19 – but maintaining the tax exemption of cooperatives as promulgated in Articles Read More
  • ICA Asks Pinoy Co-ops to Display Marque

    PASIG CITY –The International Cooperative Alliance (ICA) launched the “2020 Vision”, aiming to make co-ops will be 1) the acknowledged leader in economic, social and environmental sustainability, 2) the business model preferred by people, and 3) the fastest-growing form of Read More
  • German System "Cooperative Examination"

    BERLIN, GERMANY -- On September 18-29, the DGRV organized a training course for consultants from Vietnam and from Philippine project partner, NATCCO, in the practice of Auditing.   The training consisted of two parts, starting with the introduction into the German Read More
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

Bansalan Celebrates Gold!

The NATCCO Network joins the members, staff, management and leadership of BCS Credit Cooperative, which celebrated on July 30 its 50th Anniversary.


Founded on July 30, 1967 as Bansalan Parochial Cooperative Credit Union and registered with the Cooperatives Administration Office under the Bureau of Commerce.


Bansalan Cooperative Society is the surviving pioneer cooperative in Bansalan that was registered on July 30, 1967 by the Cooperative Administration Office. It was organized as Bansalan Parochial Cooperative Credit Union by the town's Immaculate Conception Parish through the initiation of the Social Action Center of the Archdiocese of Davao. A few years later, the general assembly renamed the Cooperative into Bansalan Cooperative Credit Union to shed off its sectarian image and open membership to all religious sectors.


It was later renamed Bansalan Kilusang Bayan for Credit. With membership growth came demands for new services. Thus amendments of its cooperative by-laws became necessary to go into multi-purpose operations and given a new name then as Bansalan Cooperative Society.


BCS Credit Cooperative as of 2016 had Assets of Php 794 M, a 14% growth compared to end-2015.
Operations are run by internally-generated funds: Deposits in 2016 amounted to P479 Million, Loans & Receivables stood at P420 Million.  Loans Payable?  Zero!


In terms of social performance, the co-op implements Aflatoun, the NATCCO Network’s program for youth.  BCSCC also supports its members’ livelihood thru Agricultural Loans for members engaged in agriculture.


According to General Manager Socorro B. Canonigo, it was a long journey with ups and downs: “I can attest that the journey BCS went through for fifty years now was never that easy and perfect.  Along the way, the cooperative has encountered not only triumphs but myriad of ups and downs and unforgettable experiences.  


CDA Chairman Orlando R. Ravanera said: “BCS Credit Cooperative has shown the way on what a cooperative should be.  Its accomplishments are the concrete and tangible manifestations of the driving forces that are in the realm of the intangibles. The good governance exemplified by its Board of Directors, the industry and innovativeness poured in by its Management and the values of cooperation and participation of its thousands of members are the pillars of its strength in the long and arduous journey towards making life better for the people.   Innovativeness coupled with industry, good governance and cooperation from members are the values that have catapulted the cooperative to achieve an indelible mark of success!”


The good governance was noticed in 2016.  Commendation was given to BCSCC for fully complying with the standards for Allowance on Probable Loan Losses to its Loan Portfolio.  The Cooperative Development Authority gave BCSCC the Gawad Parangal “for its remarkable achievements in the fields of administrative governance, economic performance and social relevance.    
A source of pride for the 40,000 members is the new office building which is completely wired for business machine systems such as CCTV cameras for security, alarm and smoke detection systems for safety, solar panel roofing for green energy, and large windows to save on power.


In its Facebook account, the co-op’s membership was described as coming “from the less privileged sector of the local economy who have patronized the services of the Cooperative. Individually and collectively, they profess..."I believe in the Cooperative; alone I am weak but with others I am strong!"


The co-op’s robust financial status has further enabled it to provide social services to its members.  In last year’s Social audit, the co-op scored 10 of 15 in Membership, Governance, Asset Building, Members’ Benefit and Education.  
In Cooperation Among Cooperatives, BCS scored 7 of 10.


BCS Cooperative’s services have an eye for social development: Agri loans, microfinancing of SMEs, and education loans.  
BCS Cooperative engages in outreach programs where they give out food to poor recipients, tree planting in vacant areas, provides eye check-ups and dental services, bereavement financial assistance, and clean-up of campuses.

Do you have exciting events in your coop? Share it with us, and we'll feature it in our website!

Email us:
This email address is being protected from spambots. You need JavaScript enabled to view it.

Mail your Documents to:
NATCCO Network
c/o Member Relations and Networking Group
227 J.P. Rizal Street Proj.4 Quezon City 1109

For more Information:
913.70.11-15 loc.310
912.54.10 (telefax)