DCO MPC

Brief History & Video about DCo MPC

DCo MPC was organized in 1965 by only 30 founding members contributing Php 10.00 each. With Php 300.00 total paid-up and working capital, the business of the cooperative is limited only to providing credit to the members. However, with sincerity of the members, honest and good governance of the officers and staff and full support of Dole Philippines, Inc., the cooperative grew into one of the most successful cooperatives in the country.

Before DCo MPC became the cooperative it is today, it went through various name changes and continuous upgrades to better serve the members and the community, From DECCU (Dolefil Employees Cooperative Credit Union, Inc.) in 1965,It became Century Cooperative (coop with Php 100 Million in total asset) and in 2011, it was awarded and recognized as No.1 Millionaire Cooperative in Region XII under the name DECCO(Dolefil Employees Cooperative Complex)which was later became known DCo MPC(Dole Community Multi-Purpose Cooperative)

DCo MPC is considered as a primary cooperative which means that its members are individual persons who fall under one common bond of interest. A multi-purpose cooperative whose business are non-agricultural in nature and is offering a variety of services to its members

Registered under the Philippine laws RA 6938 known as the Cooperative Code of the Philippines as amended by RA9520 or the Cooperative Code of 2008.

DCo MPC engaged into various businesses, some successful, some not. Despite the hurdles and challenges faced, it continues to be resilient and innovative to better serve its members by expanding its businesses further and increasing its loan ceilings based on the member’s capacity to pay. Without sacrificing its capitalization and profitability, DCo MPC maintains its philosophy of “Service above Profit”.

From Dole Pineapple division, DCo MPC later extended its membership to Stanfilco Banana Division, increasing its membership by 5,300 in a matter of eight years.

In 2015, it once again engaged into a new business line, providing job contracting services to Stanfilco. DCo MPC delivered its quality service which later on paved way to expanding its job contracting services to San Jose and then Agri Business Unit (ABU) of the Alcantara Group.

The operations of DCo MPC now include: Credit and financing with loan such as: Regular Loan, Appliance Loan, Computer Loan, Motorcycle or Vehicle Loan, House Renovation and Improvement Loan, Lot Puchase Loan, Consumption Loan, Educational Loan, Emergency Loan, Retirement Loan, Secured Loan and Special Loan, a Pawnshop, and Job Contracting ervices.

Because of the steadfast commitment of each member to propel the business to greater heights and the resilient leadership of its board of directors and its management over the past decades, it now has more than Twelve Thousand (12,000) members enjoying the benefits of their membership.

DCo MPC takes pride in its dedicated officers and hardworking staff achieving a capitalization of Php 524 Million, an asset of approximately Php 953 Million, and a massive 2-storey office building, without external obligations.

As stated in the cooperative’s vision statement, DCo MPC aims to become the region's trusted cooperative that provides responsive financial and excellent services is not far from achieving. With the integrity of its leaders, dedication and expertise of its staff and officers, patronage and loyalty of its members, it will realize its goal of becoming a catalyst of economic prosperity of its members. In pursuit Social Responsibility and Accountability. it continuously coordinates with the Coop-Governing bodies and participate in community improvement projects and movements.

The rich history and growth of DCo MPC has put forward a good brand for the Cooperative. It now stands as a sturdy backbone to address the financial needs of the community, while contributing to the progress to its areas of coverage.