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DESCRIPTIONAn Official publication of MASS-SPECC Cooperative Development Center
KOOPA n O f f i c i a l p u b l i c a t i o n o f
M A S S - S P E C C C o o p e r a t i v e D e v e l o p m e n t C e n t e rD E C E M B E R 2 0 1 0 Vo l . 1 N o. 2
New MASS-SPECC BOD, officers take oath
Eleven Board of Directors and eight officers and committee members of MASS-SPECC Cooperative Development Center took oath on June 17, 2010 at MASS-SPECC Hostel, Tiano-Yacapin Sts., Cagayan de Oro City.
Congressman Jose R. Ping-ay, Coop-NATCCO Partylist representative in Philippine Congress, administered the oath taking. The new members of the board who will hold office in 2010 to 2011 are the following:
BOARD OF DIRECTORS Norma R. Pereyras - Chairperson Chad P. Villamor - Vice-Chairperson Edgar G. Amoronio - RepresentingRegionXII Andres B. Arsenal - RepresentingRegionIX Jimmy L. Beray - RepresentingCARAGARegion Gloria P. Dagatan - RepresentingWomenSector Hasan J. Eting - RepresentingARMMRegion Ruth I. Jacutin - RepresentingWomenSector/Secretary Anamarie N. Labininay - RepresentingYouthSector Emma A. Nieva - RepresentingRegionX Maricelle M. Nueva - ElectedatLarge
Aleta A. Gicole -Treasurer
The following were elected/appointed as officers:
SUPERVISORY COMMITTEEFlorida C. Chang - ChairpersonDanilo B. Tagalog - Vice-ChairpersonGilbert B. Cagaanan - Secretary
ELECTION COMMITTEEAtty. Rolando C. Casaway - ChairpersonEufemio L. Calio - Vice-ChairpersonMansueto V. Dela Pea - Secretary
CREDIT COMMITTEE Floriano R. Hilot - Member
Official representatives of MASS-SPECC affiliates voted for these new officials during the 36th MASS-SPECC General Assembly at the Crown Regency-Mactan, Metro Cebu on April 16-18, 2010.
The assembly was also a victory party celebration of the Coop-NATCCO Partylist for winning two seats in the Philippine Congress.
Cooperative leaders who attended the Conference on Policy Advocacy on Good Governance in Credit Cooperatives on June 17, 2010 (see story on page 3) also participated in the oath-taking ceremony.
diaryoThe Voice of Mindanao Cooperatives
w w w. m a s s - s p e c c . c o o p
Thru its membership with the MegaLink Network, MASS-SPECC has recently launched additional products and services of the Pinoy Coop ATM. These are the Cashless Purchase via Point-of-Sales (POS), Debit
Bills Payment, and Inter-Bank Fund Transfer. Driven by the federations goal of becoming an ICT leader for the cooperatives, MASS-SPECC has undertaken another big leap forward in the field of Information Technology.
Cashless Purchase via POS enables MegaLink ATM cardholders to buy goods by just swiping your Pinoy Coop ATM card in over 12,000 authorized terminals in the country. A balance inquiry transaction can also be done before making the POS purchase.
These POS terminals are found in more than 5,000
establishments found in department stores and supermarkets nationwide. Now, shopping is made safe and easy because you dont have to carry cash as long as you have your Pinoy Coop ATM with you.
Another breakthrough of our Pinoy Coop ATM is the Debit Bills Payment. With this new service, you dont have to deal with the backbreaking process of falling in line to pay your bills. Whether its a credit card, insurance, or utility bill, MegaLink ATMs can facilitate your payment in just a few clicks here and there. MegaLink has tied up with 40 biller institutions to make this great service available. These biller institutions include utility companies, financial institutions, government offices, and even non-financial establishments such as schools and airlines. The Debit Bills Payment is surely a big relief as it eliminates a great deal of time and effort.
The latest addition to the growing range of Pinoy Coop ATM services is the Inter-Bank Funds Transfer or IBFT. MegaLink defines IBFT as a service enabling real-time transfer of funds from one account to another account maintained in another bank via ATM. With IBFT, one can already transfer money (whether its personal or business) through an ATM machine. It eliminates the need to fall in line to make deposits for those whom we need to pay or provide money to. At present, our Pinoy Coop ATM can do IBFT transactions with MegaLink members only. This includes the banks under the MegaLink Network: Bance de Oro, Asiatrust Bank, Bank of Commerce, Development Bank of the Philippines, GE Money Savings Bank, Maybank, and Union Bank. Soon, fund transfers to the other ATM networks, Bancnet and ExpressNet, will be made available as well. Technology is indeed going in such a dizzying pace nowadays, but MASS-SPECCs ICT Department will double its efforts to keep up with every new development to better serve the cooperatives.
New Services of the Pinoy Coop ATM
Cashless Purchase via POS
NEW COOP MEMBERSOF MASS-SPECC
As of December 12, 2010
REgiON 1Tabok Multi-Purpose Cooperative
Tabok, Kalingga, Apayao
REgiON 9Batu Farmers Multi-Purpose Cooperative (BAFAMCO)
Siay, Zamboanga SibugayARCO FARMERS Multi-Purpose Cooperative (AFAMCO)
Lamitan, Basilan Province
REgiON 10 Highland High-Value Crops Producers Multi-Purpose Cooperative (HIVAC MPC)
Lantapan, BukidnonCoops for Christ Iligan City/Lanao del Norte Multi-Purpose Cooperative
Iligan CityBalingasag Government Employees Cooperative (BALGECO)
Balingasag, Misamis OrientalDelmonte Phils Employees Credit Cooperative (DMPI ECC)
Bugo, Cagayan de Oro CityKauswagan Employees Multi-Purpose Cooperative (KEMPCO)
Kauswagan, Lanao del NorteDelmonte Agrarian Reform Beneficiaries Cooperative (DEARBC)
Camp Philips, Manolo Fortich, Bukidnon
REgiON 11BAFAVENTRA Multi-Purpose Cooperative
Bansalan, Davao del SurDujali Free Farmers Multi-Purpose Cooperative
Dujali, Davao del NorteMindanao Columbian Knights Multi-Purpose Cooperative
Matina, Davao CityMati Public Market Vendors Development Cooperative
Madang, Mati CityDapco Argrarian Reform Benefeciaries Coop - Individual Farming
System (DARBCO-IFS)Almejal, Panabo City
Dapco Argrarian Reform Benefeciaries Coop - Modified Diversified Scheme (DARBCO-MDS)
Dapco, Panabo City, Davao del Norte
REgiON 12Antipas Vendors Credit Cooperative (ANVENC)
Antipas, Cotabato Surallah North District Public School District Multi-Purpose Cooperative
Surallah, South CotabatoPaglaum Consolidated Multi-Purpose Cooperative
Pres. Roxas, North CotabatoSRT Noralah Multi-Purpose Cooperative
Sto. Nio, South CotabatoSRT Tacurong City Cooperative
Tacurong CityPangi Multi-Purpose Cooperative (PAMULCO)
Maitum, Sarangani Province
REgiON 13 CARAgAJCA Agrarian Reform Beneficiaries Multi-Purpose Cooperative
(JARBEMCO) Bayugan, Agusan del Sur
Normicist Administrative Personnel Development Coop (NAPCOD)Ampayon, Butuan City
MASS-SPECC Cooperative Development Center held a Conference on Policy Advocacy on Good Governance in Credit Cooperatives on June 18, 2010 at MASS-SPECC Hostel, Tiano-Yacapin Sts., Cagayan de Oro City.
MASS-SPECC holds governance confab
structure and an information used for directing and overseeing the management of an organization. It encompasses the means by which members of the board of directors and senior management are held accountable for their actions and for the establishment and implementation of oversight functions and processes, he added. Ms. Bernadette Toledo, chief
executive officer of MASS-SPECC, said the conference presents the good governance framework for cooperatives with the aim of promoting and adopting it to the Asian credit union system. The outcome of the conference would allow MASS-SPECC and ACCU to improve its policies on the governance of credit cooperatives. As a community financial institution, the public and its members rely on the credit union board and employees for the safety and soundness of their savings. Public trust is earned and to earn that trust, a well-defined policies and practices on good governance must be in place, she added.
There were 111 participants-cooperative leaders, managers or employees - of the conference representing 69 cooperatives. . The conference was in collaboration with Association of Asian Confederation of Credit Unions (ACCU). Mr. Ranjith Hettiarachchi, ACCUs chief executive officer and the resource person of the conference explained that good cooperative governance is a process, a
The cooperatives are moving from the ground up.
This was expressed through figures in this years ownership meetings held in Regions 9 to 13.
Of the 103 coops participants, 247 branches were established, 741,075 members were served, P8.2 M assets were accumulated, P3.4 M was generated as deposit, P5.1 M loans were granted, P70.9 M was spared as net surplus, and P2.4 M was generated as share capital generation, Mr. Ronnie Ravanera, MASS-SPECC networking officer, revealed.
In this meeting, coop leaders give reports about many interesting figures that show their significant growth. It tells us that coops are growing and moving in right direction. It has become relevant in the lives of its members. Coops are acting as safety net during economic crises and are helping its constituents, Mr Ravanera added.
Member-owners of MASS-SPECC Cooperative Development Center participated in the ownership meeting. In the five meetings conducted, there were 201 attendees. They represent 103 cooperatives from the five regions mentioned.
Chairperson Norma R. Pereyras reports before 54 coop leaders
representing 29 coop affiliates during the Ownership Meetin
MASS-SPECC, Maa, Davao City.
MASS-SPECC CDC conducts ownership meetings bi-annually. Engineer Dennis Santander,