The Barangka Credit Cooperative (BCC) was established in 1985 by employees of the U/Tex Weaving Department who pooled their money and resources to form a savings association. It faced difficulties early on due to lack of funds and the closure of U/Tex. However, through determination and community support, BCC overcame these challenges and now provides loans, savings programs, insurance, remittance services, and community projects to its members. It has received several awards and recognitions for its work. BCC also operates affiliated businesses like a dormitory, school, clinic, and remittance center to further support its members' financial and educational needs.

1. BARANGKA CREDIT
COOPERATIVE
A Primary Multi-Purpose
Cooperative

2. LOCATION
Gen. Julian Street Marikina Metro Manila, 170 General
Julian Cruz St, Lungsod ng Marikina

3. HISTORY
Twenty-five (25) employees in a section of the U/Tex Weaving
Department were usually cash-strapped. Thus, they decided to establish an
informal organization called C & K Savings Association, which lasted for
more than 13 years (1972 to 1985).
The association was turned into a cooperative by December 16, 1985.
Thirty seven (37) cooperators pooled their resources which totaled Php
5,300.00. They named the organization C & K Barangka Community Credit
Cooperative, Inc. However, several pains came with the coop’s birth. Its first
office was in Boni Avenue, Barangka, Marikina, where the coop only stayed
for a month due to lack of funds to pay for rent.
Undaunted by the difficulties, the
coop transferred to Chorillo Street in
Barangka, Marikina. With this move came
the amendment of the coop’s name to U/Tex
Employees Credit Cooperative, Inc. or
UECCI.

4. HISTORY
Still, UECCI was to face the most excruciating blow. On March
1994 most of the members who incurred loans from the cooperative
could not pay because they had no jobs and enough money to pay
for their obligations.
The total closure of U/Tex was a big problem for the founders
and members. They were forced to apply “do or die” tactics and
ensure the coop’s viability through distribution of leaflets, calling on
members to settle their debts by encashing their separation checks
through the coop. Incentives were also provided to those who would
settle their loan obligations. Landbank, through its rediscounting
program, provided BCC about P 3 Million which they used to
rediscount the U/Tex employees’ post-dated checks.

5. HISTORY
The coop surpassed the ordeal. Patience, strong determination,
resourcefulness and prayer helped the coop surmount the problems.
Moreover, the members utilized their collective ability to make their
organization more community-oriented. On September 15, 1995, the
coop adopted the name Barangka Credit Cooperative (BCC).
BCC operations remained small-scale and the members had to
make do with limited resources. Despite these, BCC immersed in the
community and provided the needed assistance for various sorts of
small and microenterprises. From then on, BCC became a byword in
the area.

6. • Barangka Credit Cooperative provides several credit facilities to its
members which became the coop’s main business, together with its bag
making, bakeshop, water station, bayad center, money transfer ventures.
The various kinds of loans it extends include commercial, discounting,
microfinance, starting capital for business, salary, petty cash, pensioner and
mortgage, among others.
• Apart from BCC own funds, the cooperative avail of the financial assistance
and grants from different organizations such as the People’s Credit &
Finance Corporation, LANDBANK, Philippine Federation of Credit
Cooperatives and Asian Confederation of Credit Union, etc.
• Beneficiaries were also given opportunities to venture on small businesses
such as sari-sari stores, specialty shops, shoe making, balut, salted eggs
making, fruit vending, catering and dress making.
• Provident services and support programs including time deposits, kiddie
savers and savings deposits, emergency, appliance, rice and grocery loans,
health maintenance, and housing lot, educational, calamity, and service
vehicle assistance are also provided by BCC.

7. BCC participates in various community projects
such as :
• Clean & Green Program
• anti-drug campaigns
• free medical and dental services
• fitness and health projects
• Damayan Program.
Nearby public schools are recipients of the BCC’s donations,
ranging from school supplies and sports equipment to drinking
fountains and musical instruments.

8. RECOGNITIONS
• On August 8, 2002, the Barangka Credit Cooperative was named
Pinakatanging Kooperatiba in Landbank’s Gawad Pitak,
Non-Agri-Based Category.
• Landbank’s Ginintuang Gawad Pitak Awardee with P 1
Million worth of cash in 2005.
• NCR League - Philippine Federation of Credit Cooperatives as
the 2008 Most Outstanding Cooperative in the Philippines.

9. BENEFITS
• Savings & Loans
• Damayan / Dagdag Buhay
• Dividend & Patronage Refund
• Cooperative Education & Training/Programs
• Opportunity to be exposed in international Credit Union
development activities and programs
• Business Partners – Mini-mart, Water Station,
Livelihood Project, Badminton, Venue for All Occasions,
Boarding House, MIGS ATM Card, Credit Card,
Memorial Lot, Insurance, etc.

10. Products and Services offered by
the Barangka Credit Cooperative:
• Fixed / Shared Deposit Capital
• Regular Savings Deposit – Rate: 4%
• Special Savings Plan (ex. Kiddie and Special Savers Club)
• Other Savings Plan (as per contract (ex. Educational
and Health Care Plans)
• Time Deposit

11. OTHER SERVICES

12. BCC MIGS DORMITELLE

14. BARANGKA COMMUNITY SCHOOL INC.
MISSION
Barangka Community School Inc. is an
educational institution that aims to provide
quality basic education, strengthen moral
and spiritual values, and develop useful,
productive politically mature and morally
upright citizens who can assume active roles
in social transformation and progress.
VISION
A nurturing educational school for boys and
girls committed to raise developed youth to
be highly competitive, responsive to change,
and deeply committed to live in harmony
with the environment and society.
CORE VALUES
Excellence ● Service ● Leadership

15. BCC has its own clinic to provide
members medical assistance and
consultations on health and wellness.
BCC together with its partners offer
life and non-life insurance to protect
the financial well being of members.

16. BCC-GLOBAL PINOY REMITTANCE AND
SERVICES
You may pay your utility bills & credit cards, receive remittance, buy
tickets and loading at BCC, below are the accredited partners catered by
BCC-GPRS:
BILLS PAYMENT
Meralco
Manila Water
PLDT
Globelines
Sky Cable
Globe
Bayan Tel
Innove
PT&T
Digitel
Loyola
CREDIT CARDS
HSBC
Citibank
BDO
JCB
REMITTANCE
INTERNATIONAL
PARTNERS:
PNB
XOOM
LOCAL
PARTNERS:
Cebuana Lhuiller
Smart Money
G Cash
Villarica Pawnshop
CREDIT TO BANK:
China Bank
Allied Bank
BancNet
Megalink
UCPB
TICKETING
Zest Air
Philippine
Airlines
Cebu Pacific
Airphilexpress
Super Ferry
Cebu Ferries
Cokaliong
Shipping Lines,
Inc.
LOADING
Sun Express Load
Smart Load
Globe Autoload Max

17. It is one of the latest innovations BCC has made to make it easier for the members
to withdraw money from their savings account anytime, wherever in the Philippines they may
be, as long as there is a Bancnet ATM near them.
Rest assured that BCC will continuously adopt and implement necessary changes
that will further enhance the system to help our cooperative become more globally and
technologically competitive.
BCC ATM is open 24/7.

18. AFFILIATES

19. BOARD OF DIRECTORS
ROGER R. MANLANGIT
CHAIRPERSON
CARMELITA B. CABACUNGAN
VICE-CHAIRPERSON
IMELDA F. CRUZ
DIRECTOR
RODOLFO F. CRUZ
DIRECTOR

20. FLORA N. ENRIQUEZ
DIRECTOR
ELIZABETH G. GUILLERMO
DIRECTOR
DAVID I. SANTOS
DIRECTOR
FELISA B. FRANCISCO
TREASURER
ROBERTO C. MASCARIÑA
PRESIDENT & CEO
MILAGROS C. FELICIANO
BOD SECRETARY