Forty-three years have passed since the seed of Dumaguete Cathedral Credit Cooperative (DCCCO) was planted by the 49 incorporators. Iniated by Mother M. Marcella Foret, O'Carm., with the blessings by the Most Rev. Epifanio B. Surban and Governor Mariano F. Perdices, the seed is now a sturdy Co-op, not only in the province of Negros Oriental but also in the entire country.
DCCCO's total assets of over PhP 1 billion as of December 31, 2010 is very much far from its starting capital of only P 1,181.50 on February 17, 1968. This unprecedented growth is a result of the trust of the members on its leaders and their unending patronage of the products and services of the Co-op
Credit, being the lifeblood of the Co-op, has evolved and is still evolving for better service to its members. It reacts positively to the call of the ever changing times. With its array of loan products and services, community outreach programs and linkages with GO's, NGO's and PO's, DCCCO believes that it has been true to its mission of reaching out to the grassroots of the community by improving the quality of their lives and the community as a whole.
2010 was still a good year for DCCCO and its members despite the political and socio-economic upheavals. On the other hand, the year 2011 is challenging the leaders of DCCCO to revisit its mission, vision and goals as some members have already felt that the Co-op is turning away from its original purpose.
DCCCO has touched the lives of its members-economically and socially. And it will continue to do so as it steadfastly moves onward while looking at its past with gratitude.
But it must be emphasized that DCCCO has become what it is now because of its members/owners. Their support and trust are now the foundation of DCCCO. Without them, DCCCO cannot move forward and onward. So, let us continue supporting our Cooperative. Long live DCCCO, long live its members!
