Lingayen Catholic Credit

Cooperative 50th Annual General

Assembly

My first encounter with LCCrC was in the 1987 something. When cooperatives are still under DA. We attended various seminars to learn more about coop management and coop as a distinct business

Then when I transferred to DA to CDA being the first CDS-II for Pangasinan, LCCrC was more than willing to help me prepare the stage for the CMC celebration. I most remembered Ma’am Salud including the other officers of the cooperative who were helpful and supporting

LCCrC also became a big brother to KKMPC where they have provided us some form of assistance. They never hesitate to extend assistance

LCCrC have been an active partners of CDA in the implementation of our program. They were so kind enough to accommodate most of our request.

For my professional growth, LCCrC accommodated me in nationwide training like in Subic and Coconut Palace.

I became a member officially two years ago and I was able to purchase a second hand car and house repairs thru their lending program. Being a practitioner, I paid my loans in full. Then this year my husband and daughter became members of LCCrC and we are proud members ever since.

For the update part

The LCCrC was organized in 1964 Re reg Oct 20, 2009

13,122 member (Dec 2012)

P 111,576,298 Paid Up Capital

P 249, 268.201 Total Assets

P 129,143,575 Total Networth

P101,566,000 Volume of Business

P 6,681,025.52 NS

Performance Review

Regional Level Rank 4th out of 212 Millionaire Coop

Provincial rank 2nd out of 105 Millionaire Coops

2012

Rank 2nd Regl out of 175 in effect an increase of 37 new millionaire coops

Rank 2nd out of 92 – increase of 13 millionaire coops in Pangasinan

IN terms of Membership

Tubao 25649

SACDECO 19048

LCCrC 12282

SHSC 11068

FVMPC 3382

In terms of PC

CPRCE MPC 247,353,520.12

Tubao 210,104,429.51

SACDECO 139,892,272.91

LCCrC 111,576,298.31 (same rank 2012)

GLEDCO 92,652,000

In Terms of TA

• SACDECO 785,525,880.37

• TCC 653,878,179.73

• CPRCE MPC 329,951,675.59

• GLEDCO 306,808,285.38

• LCCrC 249,268,201.22 same rank 2012

In terms of NS

CPRCE MPC 45,995,288.81

SACDECO 34,521,912.17

TCC 14,968,260.42

GLEDCO 7,498,130.08

LCCrC 6,681,025.52

2012 way below

2013 Winner Provincial and Regional Levels Best in Community Development and Involvement for Gawad Parangal

These are your significant achievements (2012-2013)

For 50 years of existence is a manifestation of a sound guidance and a thoughtful, valued perspective. You have a legacy to be proud of and many accomplishments to celebrate.

It’s a common knowledge that LCCrC have encountered some form of internal shocks and controversies surrounding the case of the former treasurer – be as it may LCCcR is a model coop that can withstand any crisis, it showed resilience in dealing with the financial crisis and that incident was a wake up call – officers faced their responsibilities and there was structural reforms implemented, officers were more vigilant more than ever.

The leadership, dedication, professionalism and expertise and most importantly facts in terms of OVI speak for the image of the cooperative. You were able to build a competent cooperative worthy of trust and respect of the CDA and the coop sector in our region.

22 MCs for 2013 MC 2013 – 02 Supplemental Rules on the training reqmts

of Coop Directors, officers and Committee members

MC 2013-04 Clarificatory Policy on Share Capital

MC 2013 -06 Clarificatory Policy on the member’s Right to examine –

Under Art 83 -52 of RA 9520

MC 2013-20 Revised Guidelines Governing the conduct of conciliation

mediation proceedings before CDA

Certification of Non Settlement

MC 2013 -21 revised Guiltiness Governing the conduct of Conciliation Mediation Proceedings at the Primary

And Union/Federation Level

The following matters are not covered by mediation and conciliation proceedings:

REVISED GUIDELINES GOVERNING THE CONDUCT OF CONCILIATION-MEDIATION PROCEEDINGS Page 3 of 6 BEFORE THE COOPERATIVE DEVELOPMENT AUTHORITY (CDA) a) Violation of Article 47 of RA 9520 (Dealings of Directors, Officers or Committee Members); b) Violation of Article 48 of RA 9520 (Disloyalty of Directors); c) Violation of Article 49 of RA 9520 (Illegal Use of Confidential Information); d) Violation of Article 83 of RA 9520 (Right to Examine); e) All matters relating to franchise or certificate of public convenience and necessity of public service cooperatives as stated in Article 111 ( 2) of RA 9520; f) Non-compliance with other laws as stated under Article 135 of RA 9520; g) Violation of Article 140 of RA 9520( Penal Provisions ); h) Issues which are criminal in nature cognizable by the regular or special courts; i) Violation of Article 125 of RA 9520 (Prohibition ); j) Other disputes which is not subject to a compromise; and k) Other matters which fall under the administrative and regulatory functions or matters that pertain to compliance with the mandatory requirements of law and related issuances.

Certificate of Non-Resolution

If the conciliation/mediation is not successful before the CDA, a shall be issued by the Authority within five (5) calendar days from termination of conference/failure to appear during the preliminary conference despite due notice or written notice of parties’ non-interest in conciliation-mediation.

MC 2013 Guidelines on Mainstreaming Gender and Development (GAD) in

Cooperatives

The ICA has declared the Blueprint for a Cooperative Decade. The blueprint strategies involve 5 critical interlinked themes: Identity, Participation, Sustainability, Legal Framework and Capital as an aimed implementing strategies until 2020 for the growth of cooperatives globally

The ambitious plan in this Blueprint - the “2020 vision” - is for the co-operative form of business by 2020 to become:

• The acknowledged leader in economic, social and environmental sustainability

• The model preferred by people

• The fastest growing form of enterprise

The overarching agendas are: (1) Elevate participation within membership and governance to a new level; (2) Position cooperatives as builders of sustainability; (3) Build the cooperative message and secure the cooperatives identity; (4) Ensure supportive legal frameworks for cooperative growth, and (5) Secure reliable cooperative capital while guaranteeing members control

Simply

Participation, sustainability, identity, legal framework (poor legislation will always be a barrier) and capital

PARTICIPATION - it was challenging to make everyone working together

Vision 2020 aims decade of co-operative growth in rural communities also to make the rural population’s voice heard.

Cooperative enterprises build a better world; Thank you very much for your contribution to this goal - in bringing 13,122 people working together; TYVM for your contribution for improved livelihoods

TYVM Raising the profile and image of co-operatives beyond the limits of the sector itself, in civil society and amongst governmental and inter-governmental bodies.

We wish you continued success as you celebrate this important milestone. Congratulations on 50th Anniversary, and God’s Blessings to your LCCrC and those who will benefit from it.

Wishing you all the very best for many more decades to come