psu visits sacdeco bayambang branch

STA. CRUZ SAVINGS AND STA. CRUZ SAVINGS AND DEVELOPMENT COOPERATIVESDEVELOPMENT COOPERATIVES

(SACDECO)(SACDECO)

MISS JOCELYN P. AVILAMISS JOCELYN P. AVILAEd. D. STUDENT

Cognate: Seminar in Productivity and Entrepreneurs hip

By:

What is COOPERATIVE?What is COOPERATIVE?

A group of VOLUNTARY individual A group of VOLUNTARY individual with unified goal and knowledge with unified goal and knowledge inorder to attained its success which inorder to attained its success which abides the law by giving its abides the law by giving its appropriate share and to enjoy its appropriate share and to enjoy its services and benefits.services and benefits.

PRINCIPLES OF COOPERATIVEPRINCIPLES OF COOPERATIVE

Open and Voluntary MembershipOpen and Voluntary Membership Member’s welfare through the principle of Member’s welfare through the principle of

Democracy.Democracy. Cooperation among members through Cooperation among members through

giving share and using its services.giving share and using its services. Continuous education and training with all Continuous education and training with all

members.members. Affiliation with others.Affiliation with others. Responsive on the needs of the Responsive on the needs of the

community.community. Ecology (environmental friendly).Ecology (environmental friendly).

Rights and Privilege of a MemberRights and Privilege of a Member

Continuous giving of Share and Continuous giving of Share and Deposits.Deposits.

Availing of services.Availing of services. Attending meetings and other Attending meetings and other

activities.activities. Paying loans on time.Paying loans on time.

History of SACDECOHistory of SACDECO

STA.CRUZ SAVINGS AND DEVELOPMENT COOPERATIVE

BORN ON DECEMBER 18, 1984

CONFIRMED BY CDA ON FEB.14, 1991

STA. CRUZ CREDIT COOPERATIVE

25 INCORPORATORS

P5,000.00 AS CAPITAL

1 STAFF

49 BRGYS IN STA.CRUZ, IS

Big BREAKSBig BREAKSSACRIFICIAL MERIENDA,

APRIL 1989 P300,000.00

RAFFLE DRAW, JULY 1989 P400,000.00

MUTYA NG KOOPERATIBA, DEC. MUTYA NG KOOPERATIBA, DEC. 1987 -P500,0000.0001987 -P500,0000.000

CREDITCREDIT

SAVINGSSAVINGS DEPOSITSDEPOSITS

GRANTS WERE GIVEN BY LDB &

DTIthe Cooperative go to MULTI-PURPOSE thus renaming it the STA. CRUZ MULTI-PURPOSE COOPERATIVE (SCMPC) through the amended Articles of Cooperation and By-laws which was duly registered with the CDA on July 4, 1994.

SCMPC SACDECO SCMPC SACDECO MAY 22, 2006MAY 22, 2006

SACDECO

Scholarship Program

Mortuary Aid

Program

Youth Tipid

MovementCREDIT

SAVINGSSAVINGS

SACDECOSACDECOSanta Cruz Santa Cruz Savings & Savings &

Development Development CooperativeCooperative

22ndnd Floor,Gabriel Bldg.M.H.Del Pilar Floor,Gabriel Bldg.M.H.Del PilarBayambang,PangasinanBayambang,Pangasinan

STA.CRUZ SAVINGS & STA.CRUZ SAVINGS & DEVELOPMENT COOPERATIVEDEVELOPMENT COOPERATIVE

SACDECOSACDECO2727 Years in Business Years in Business

OperationOperation

SUCCESS STORIES OF SACDECO TOP Coop,

2012 LDP Gawad

Pitak Award

Top Training

Patrons, 2010

NATCO

4th Place of the Top

Coops in Region I,

2009 CDA

Best Performing

Coop

Multi-Millionaire

Coop

1s t COOP ATM north

of Manila.

It is also the 1st ATM

in Sta. Cruz, Ilocos

Sur.

1st in the second

district of Ilocos Sur

to launch Gender

Sensitivity Program,

empowering women

into leadership or

Gender Awareness.

HIGHEST PRIMARY COOP INVESTOR AT ISCB,

TOP INVESTOR AT (NSCC)

ONE OF THE TOP INVESTORS AT MSCB.

HAVE PRODUCED THE PRESENT REPRESENTATIVE OF THE COOP-NATCCO PARTYLIST, CONG. JOSE R. PING-AY, AND THE CHAIRPERSON OF THE BOARD OF DIRECTORS

Before, AWARDS Before, AWARDS AND RECOGNITION AND RECOGNITION were just a dream!were just a dream!

Now, our efforts have Now, our efforts have been recognized by been recognized by

various organizations. various organizations. We have received We have received various awards.various awards.

SACDECO – then and now…


NATCCO Networ

k

National Confederation of

Cooperatives

Northern LuzonFederation of Cooperative Development Center, Inc.

Agricultural Guarantee Fund

Pool

Ilocos SurCooperative Bank

Nueva Segovia Consortium of Cooperatives

Coop Life MutualBenefit Services

ASEAN Women in Cooperative

Development Forum

Metro SouthCooperative Bank

Small BusinessCorporation

COOP NATCCO PARTY-LIST

AREA OF OPERATIONAREA OF OPERATION-4 PROVINCES and entire of Luzon. Now, it has 9 business -4 PROVINCES and entire of Luzon. Now, it has 9 business

offices (8 local and 1foreign).offices (8 local and 1foreign).


VISION,MISSION & GOAL VISION,MISSION & GOAL

VISIONVISION::

A one-stop shop capable A one-stop shop capable and reliable Cooperative and reliable Cooperative Financial Center and Financial Center and Gender Equality (GE) Gender Equality (GE) Champion in the Luzon.Champion in the Luzon.


MISSIONMISSION::1.To provide quality financial services responsive 1.To provide quality financial services responsive

to all members.to all members.

2.To provide a Gender responsive environment in 2.To provide a Gender responsive environment in the implementation of other programs and the implementation of other programs and services.services.


GOAL:GOAL:

To establish and implement To establish and implement various financial programs various financial programs and products that are and products that are responsive and accessible to responsive and accessible to all members in a gender fair all members in a gender fair environmentenvironment..

COOPERATIVE PLEDGECOOPERATIVE PLEDGE As a FilipinoAs a Filipino I am and I believe in the CooperativeI am and I believe in the Cooperative Alone I am weak,Alone I am weak, But with others I am strongBut with others I am strong So I commit myself to workSo I commit myself to work To cooperate, for all to be prosperous.To cooperate, for all to be prosperous. Harmony,industry I will value.Harmony,industry I will value. Cooperative affairs I will attend,Cooperative affairs I will attend, Responsibilities I will assumeResponsibilities I will assume The cooperative philosophy I will live.The cooperative philosophy I will live. One vision,One vision, One belief,One belief, One feeling,One feeling, In cooperative, my life I pledgeIn cooperative, my life I pledge So help me God.So help me God.

SAPATA TI KOOPERATIBASAPATA TI KOOPERATIBA Ilokano VersionIlokano Version

Kas maysa a PilipinoKas maysa a Pilipino Addaak ken mamatiak iti kooperatibaAddaak ken mamatiak iti kooperatiba Nakapsutak no sisiakNakapsutak no sisiak Ngem napigsaak no makikaduaak.Ngem napigsaak no makikaduaak. Agkumitak ngarud a makitimpuyogAgkumitak ngarud a makitimpuyog Tapno ti amin nga kinarang-ay inda magun-odTapno ti amin nga kinarang-ay inda magun-od Panagtutunos ken kinasaldet ipategkoPanagtutunos ken kinasaldet ipategko Pasken ti kooperatiba innak isangoPasken ti kooperatiba innak isango Pagrebbengan sidadaanak mangibaklayPagrebbengan sidadaanak mangibaklay Pilosopya ti kooperatiba ibiagko pay.Pilosopya ti kooperatiba ibiagko pay. Maysa nga sirmata,maysa nga panunot,maysa Maysa nga sirmata,maysa nga panunot,maysa

nga riknanga rikna Iti panagtitimpuyog,biagko innak isapataIti panagtitimpuyog,biagko innak isapata O Dios, tulungannak koma.O Dios, tulungannak koma.

SACDECO OFFICESSACDECO OFFICES

1.Head Office – Poblacion Este,Sta.Cruz,Ilocos Sur1.Head Office – Poblacion Este,Sta.Cruz,Ilocos Sur

2.Santiago Branch – Santiago,Ilocos Sur2.Santiago Branch – Santiago,Ilocos Sur 3.Santa Branch – Santa,Ilocos Sur3.Santa Branch – Santa,Ilocos Sur 4.Bangar Branch – Bangar,La Union4.Bangar Branch – Bangar,La Union 5.Bacnotan Branch – Bacnotan,La Union5.Bacnotan Branch – Bacnotan,La Union 6.Villasis Branch – Villasis,Pangasinan6.Villasis Branch – Villasis,Pangasinan 7.Asingan Branch – Asingan,Pangasinan7.Asingan Branch – Asingan,Pangasinan 8.Bayambang Branch – Bayambang,Pangasinan8.Bayambang Branch – Bayambang,Pangasinan 9.HONGKONG CHAPTER9.HONGKONG CHAPTER 10.San Jose City Branch – San Jose,NE.10.San Jose City Branch – San Jose,NE.

To sum up for the rapid expansion and growth of SACDECO, the following are To sum up for the rapid expansion and growth of SACDECO, the following are attributed: functional and thinking Board, technically and globally competent attributed: functional and thinking Board, technically and globally competent management and staff, operational compliance and adherence to the rules and management and staff, operational compliance and adherence to the rules and regulations, increasing support by the general membership and strong linkages.regulations, increasing support by the general membership and strong linkages.


SACDECO – then and now… Manageme

nt & Staff


Bayambang Santa

Bangar

Villasis

Head OfficeBacnotan

Santiago

Asingan

Management & Staff

STA.CRUZ SAVINGS & STA.CRUZ SAVINGS & DEVELOPMENT COOPERATIVEDEVELOPMENT COOPERATIVE

SACDECO SACDECO (Bayambang (Bayambang Branch)Branch)

Date Opened: January 10,2011Date Opened: January 10,2011

1818 Months in Business Months in Business

OperationOperation

CHARDCHARD

MANAGEMENT STAFFMANAGEMENT STAFF

Eva B.Garnace-Borja – Chief Executive Eva B.Garnace-Borja – Chief Executive OfficerOfficer

Richard J.Javillonar – Branch ManagerRichard J.Javillonar – Branch Manager

Rufo E.Gayda Jr. – Loan OfficerRufo E.Gayda Jr. – Loan Officer

Aileen P.Galleto – BookkeeperAileen P.Galleto – Bookkeeper

Eleonora DV.Canoy – TellerEleonora DV.Canoy – Teller

Reynald B.Palacpac – Account Officer/CIBI Reynald B.Palacpac – Account Officer/CIBI AppraiserAppraiser

Bayambang Branch OfficeBayambang Branch Office

PROGRAMS


PROGRAMSMarital Benefit/Wedding Gift


TREE PLANTING

Waste Segregation


Community Cleaning

Coastal Area Cleaning


Giving donations/relief goods to the victims who suffered from previous typhoons.

II. LENDING SERVICES


PERSONAL LOANSPERSONAL LOANS

Abroad LoanAbroad Loan

Car Loan (Personal)Car Loan (Personal)


ALLIED SERVICES

CURRENT STATUSCURRENT STATUSSACDECO as a WholeSACDECO as a Whole

Total Assets: 662.4M

Total Members: 32,369

Total Loan Releases:

: 549.14M

Net Incom0e (June 2012) 14.7M

Total Assets: Total Assets: 48.22 Million 48.22 Million

Total Members: Total Members: 825 Members 825 Members

Releases as of Releases as of July: 41.54 July: 41.54 MillionMillion

Net Income: Net Income: 2.47 Million 2.47 Million

Bayambang BranchBayambang Branch

Sta.Cruz Savings & Sta.Cruz Savings & Development Cooperative Development Cooperative

(SACDECO)(SACDECO)Bayambang BranchBayambang Branch

PRE MEMBERSHIP PRE MEMBERSHIP EDUCATION SEMINAR EDUCATION SEMINAR

(PMES)(PMES)&&

WISE BORROWER SEMINAR WISE BORROWER SEMINAR (WBS)(WBS)

PRE PRE MEMBERSHIP MEMBERSHIP EDUCATION EDUCATION

SEMINARSEMINAR

How to become a Member?How to become a Member? FOR REGULAR MEMBERSFOR REGULAR MEMBERS

Documentary RequirementsDocumentary Requirements >Barangay Clearance (Membership and Loan Purpose)>Barangay Clearance (Membership and Loan Purpose) >Picture (4 pieces 2x2)>Picture (4 pieces 2x2) >Two (2) Valid ID’s (photocopy)>Two (2) Valid ID’s (photocopy) >Residence Certificate (Cedula)>Residence Certificate (Cedula) >>Marriage Certificate (for married indl.)Marriage Certificate (for married indl.) >Birth Certificate (for single)>Birth Certificate (for single)

Monetary Requirements 18 to 65 yrs.old 66 yrs.old and above Monetary Requirements 18 to 65 yrs.old 66 yrs.old and above >Minimum Share Capital 3,000 5,000>Minimum Share Capital 3,000 5,000 >Initial Savings Deposit 1,000 3,000>Initial Savings Deposit 1,000 3,000 >Give Love & Delight (GLAD) Savings 800 800>Give Love & Delight (GLAD) Savings 800 800 >Health Savings Deposit 250 250>Health Savings Deposit 250 250 >Membership Fee 150 150>Membership Fee 150 150 TOTAL 5,200.00 9,200.00TOTAL 5,200.00 9,200.00

FOR YOUTH TIPID MOVEMENT FOR YOUTH TIPID MOVEMENT (YTM)(YTM)

> 0 TO 17 years old> 0 TO 17 years old > Minimum Savings Deposit – 500.00> Minimum Savings Deposit – 500.00 > Membership Fee – 10.00> Membership Fee – 10.00 > Picture (2 pieces 2x2)> Picture (2 pieces 2x2) > Picture of the Guardian> Picture of the Guardian > as of: 54 YTM Members> as of: 54 YTM Members

WISE WISE BORROWER BORROWER

SEMINARSEMINAR

WISE BORROWER SEMINARWISE BORROWER SEMINAR

A seminar given to A seminar given to member/borrower so they will member/borrower so they will

know their duties and know their duties and responsibilities as well as the responsibilities as well as the

guidelines in the lending guidelines in the lending program of cooperative.program of cooperative.

WHY WBS?WHY WBS?A member request only an A member request only an

amount he/she is capable to amount he/she is capable to pay.pay.

Tells exactly the purpose of Tells exactly the purpose of the loan.the loan.

Awareness of the loan term Awareness of the loan term and the due date of the loan.and the due date of the loan.

Patronage RefundPatronage Refund Increase of Savings Deposit and Increase of Savings Deposit and

Share Capital.Share Capital. Chance to look for a higher price of Chance to look for a higher price of

commodity produce.commodity produce. Use of DEPOSITS as collateral for a Use of DEPOSITS as collateral for a

lower rate of interest.lower rate of interest.

Benefits Derived Requesting Benefits Derived Requesting Loan from SACDECO:Loan from SACDECO:

INTEREST RATE & CHARGESINTEREST RATE & CHARGES

1.FULLY SECURED LOAN INTEREST RATE1.FULLY SECURED LOAN INTEREST RATE Interest 1.5% per monthInterest 1.5% per month Service Fee 2.0%Service Fee 2.0% Filing Fee 1.0%Filing Fee 1.0% LRP 1.0% (Loan Recovery Program)LRP 1.0% (Loan Recovery Program) Collection Fee 0.5%Collection Fee 0.5% Share Capital 3.0%Share Capital 3.0%

2.AGRICULTURAL LOAN INTEREST RATE2.AGRICULTURAL LOAN INTEREST RATE Interest 1.75% per monthInterest 1.75% per month Service Fee 2.0%Service Fee 2.0% Filing Fee 1.0%Filing Fee 1.0% LRP 2.0% (Loan Recovery Program)LRP 2.0% (Loan Recovery Program) Collection Fee 0.5%Collection Fee 0.5% Share Capital 3.0%Share Capital 3.0%


3.CLEAN LOAN INTEREST RATE3.CLEAN LOAN INTEREST RATE Interest 2.0% per monthInterest 2.0% per month Service Fee 2.0%Service Fee 2.0% Filing Fee 1.0%Filing Fee 1.0% LRP 2.0% (Loan Recovery Program)LRP 2.0% (Loan Recovery Program) Collection Fee 0.5%Collection Fee 0.5% Share Capital 3.0%Share Capital 3.0%

Note: Others charges and other deductions Note: Others charges and other deductions will only be deducted per loan will only be deducted per loan availment. availment.


Example: Loan 50,000 Term: 6 months Interest : 1.75% Loan Purpose: Example: Loan 50,000 Term: 6 months Interest : 1.75% Loan Purpose: PalayPalay

Interest 5,250.00 (875 per month X 6)Interest 5,250.00 (875 per month X 6) Service Fee 1,000.00Service Fee 1,000.00 Filing Fee 500.00Filing Fee 500.00 LRP 1000.00LRP 1000.00 Collection Fee 250.00Collection Fee 250.00 Share Capital 1,500.00Share Capital 1,500.00 Savings Deposit 100Savings Deposit 100 Notarial Fee 400Notarial Fee 400 Total Deductions 10,000.00Total Deductions 10,000.00 NET 40,000.00NET 40,000.00

Note: Others charges will only be Note: Others charges will only be deducted per loan availment. deducted per loan availment.

Mode of PaymentMode of Payment

WeeklyWeekly Bi-Monthly (15Bi-Monthly (15thth & 30 & 30thth)) MonthlyMonthly QuarterlyQuarterly Semi AnnualSemi Annual LumpsumLumpsum

Terms of LoanTerms of Loan

Maximum of 12 months for Abroad/Salary Loan Maximum of 12 months for Abroad/Salary Loan (monthly and quarterly payments)(monthly and quarterly payments)

Six (6) months for Agricultural (Lumpsum or Six (6) months for Agricultural (Lumpsum or Monthly payments)Monthly payments)

and Business loan – weekly or monthly and Business loan – weekly or monthly paymentspayments

* Maximum of 3 years for Real Estate* Maximum of 3 years for Real Estate

Loan (Housing) – Monthly paymentsLoan (Housing) – Monthly payments

Basis of ApprovalBasis of Approval5 C’s (Capacity Based Lending)5 C’s (Capacity Based Lending)

1.Capacity to pay (50%)1.Capacity to pay (50%) 2.Character (30%)2.Character (30%) 3.Collateral (10%)3.Collateral (10%) 4.Condition (5%)4.Condition (5%) 5.Capital (5%)5.Capital (5%)

Member in Good Standing Member in Good Standing (MIGS)(MIGS)

Share Capital - at least minimum paid up share Share Capital - at least minimum paid up share capital of P 3, 000.00capital of P 3, 000.00

Savings Deposit – at least P 1,000.00 Savings Deposit – at least P 1,000.00 maintaining balance.maintaining balance.

GLAD deposit – no arrearsGLAD deposit – no arrears Loan- PAR 30 (Paying loans on time)Loan- PAR 30 (Paying loans on time) Monthly additional share capital minimum of Monthly additional share capital minimum of

50.00 on top of loan retention and required 50.00 on top of loan retention and required additional share capital every loan payment. additional share capital every loan payment.

Monthly additional savings deposit minimum of Monthly additional savings deposit minimum of P 100.00 on top of loan retention.P 100.00 on top of loan retention.

Attendance to General Assembly and ownership Attendance to General Assembly and ownership meeting.meeting.

Loan Requirement ChecklistLoan Requirement Checklist

Real Estate MortgageReal Estate Mortgage - Original Title- Original Title - Tax Declaration (Owner’s - Tax Declaration (Owner’s

Copy/Certified Copy)Copy/Certified Copy) - Certificate of Tax Payment for the year. - Certificate of Tax Payment for the year.

(for the year 2012)(for the year 2012) - Vicinity Map/Sketch Plan- Vicinity Map/Sketch Plan - Certification from the Assessor Office.- Certification from the Assessor Office. - Picture of the Collateral- Picture of the Collateral - Tax Idenfication Number (TIN)- Tax Idenfication Number (TIN)


Chattel MortgageChattel Mortgage 1.Vehicles/Motorcycle1.Vehicles/Motorcycle - - Original Cerficate of Registration & Official Receipt Original Cerficate of Registration & Official Receipt

(OR/CR) (OR/CR) - Picture of the Collateral.- Picture of the Collateral. - Certification from the office of the Brgy.Captain- Certification from the office of the Brgy.Captain

2.Farm Equipment and 2.Farm Equipment and AppliancesAppliances - Certification from the office of the Brgy.Captain- Certification from the office of the Brgy.Captain - Picture of the Collateral.- Picture of the Collateral. - Purchase Receipt (if available)- Purchase Receipt (if available)


OTHERSOTHERS 1.For Employees 1.For Employees - Latest payroll slip (3 MONTHS)- Latest payroll slip (3 MONTHS)

2.FOR ABROAD PURPOSES2.FOR ABROAD PURPOSES - Employment Contract and Visa are required.- Employment Contract and Visa are required. - Proof of Remittances- Proof of Remittances

3.FOR BUSINESS PURPOSES3.FOR BUSINESS PURPOSES -Business Permit (Mayor’s and Brgy.Permit)-Business Permit (Mayor’s and Brgy.Permit) -DTI Permit -DTI Permit -Business Plan/Project Proposal (for big -Business Plan/Project Proposal (for big

business)business)


OTHERSOTHERS 4.For Crop Production4.For Crop Production - BARC or Certification from - BARC or Certification from Brgy.Captain (Certifying Brgy.Captain (Certifying the area of tillage) the area of tillage) - Picture of the tillage.- Picture of the tillage.

THANK YOU AND GOD BLESSTHANK YOU AND GOD BLESS