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Biec Silag,
Binmaley, Pangasinan
Teachers, Retirees and Urban Employees Credit
Cooperative (TRUE COOP)
Best
Practices
Profile - TRUE COOP
TRUE COOP started last April 28, 2015 and
duly registered in the cooperative Development
Authority Region I Extension Office in April 28, 2019
with 106 initial members and with initial fixed capital
of 233, 200. The area of operation is within the
province of Pangasinan. TRUE COOP office is
located at Biec Silag, Binmaley, Pangasinan.
Biec Silag,
Binmaley, Pangasinan
Biec Silag,
Binmaley, Pangasinan
Teachers, Retirees and Urban Employees Credit Cooperative (TRUE COOP)
Building
1. Cooperators practices and
adhere TRUE virtues:
T-Transparency and Trustworthy
R- Responsive and Respectful
U- Unity and Understanding
E- Equality in Equity
Biec Silag,
Binmaley, Pangasinan
1. High trust and
confidence of cooperators
• Membership
 Due to high trust and confidence of cooperators from 792 members in year 2015
increased to 1,019 members in year 2020.
Biec Silag,
Binmaley, Pangasinan
2015 2016 2017 2018 2019 2020
792 867 920 965 996 1,019
• Total Assets
 Continuous support and patronage of COOP services such as Regular
Loan and Special Loans (Calamity, Educational, Pension, Agricultural,
Micro Business, Emergency & Bonus Loan)
Biec Silag,
Binmaley, Pangasinan
2015 2016 2017 2018 2019 2020
7, 100, 209.24 9, 028, 158.48 11, 582, 377.37 15, 207, 221.29 16, 183.798.83 18, 026, 868.06
Paid Up Capital
• Paid-Up Capital
 Paid-Up capital has been increase due to high patronage of coop services on loan. It
serves various kinds of loans to good standing members like regular loan etc.
Biec Silag,
Binmaley, Pangasinan
2015 2016 2017 2018 2019 2020
2, 582,
375.00
3, 633,
602.75
4, 876,
733.82
6, 125,
633.82
7, 106,
433.82
8, 332,
733.82
Net
Surplus
• Net Surplus
Biec Silag,
Binmaley, Pangasinan
2015 2016 2017 2018 2019 2020
365, 973.98 464, 674.25 371, 483.47
738, 650.
88
923, 240.16 626, 806.94
Savings Deposits
• Savings Deposit
Biec Silag,
Binmaley, Pangasinan
2015 2016 2017 2018 2019 2020
3, 515, 620.00 3, 694, 829.02 4, 129, 030.59 5, 310, 619.53 4, 365, 707.53 3, 980, 744.97
Interest on Share Capital
• Interest on Share Capital
Biec Silag,
Binmaley, Pangasinan
2015 2016 2017 2018 2019 2020
76, 854.54 97, 581.59 78, 011.53 155, 116.68 193, 880.43 307, 135.40
Patronage
Refund
• Patronage Refund
Biec Silag,
Binmaley, Pangasinan
2015 2016 2017 2018 2019 2020
32, 937.69 41, 820.68 33, 433.51 66, 478.58 83, 091.61 131, 629.46
2. Community Development Fund
Biec Silag,
Binmaley, Pangasinan
• Relief packs to members
• Distribution of food packs to Senior
Citizen members
• Feeding program
• Clean-up drive
• Active participation in Municipal
Disaster Risk Reduction
Management Council and Municipal
Development Council
• Gender and Development Seminar
3. Board Meetings
Biec Silag,
Binmaley, Pangasinan
4. General Assembly
5. Pre-Membership Education
Seminar (PMES)
Biec Silag,
Binmaley, Pangasinan
Thank you CDA for giving this Level Up
Award that serves as our inspiration in
serving our cooperators with outmost
sincerity and dedication.
Thank you
&
God bless everyone!

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Best Practices of True Cooperative

  • 1. Biec Silag, Binmaley, Pangasinan Teachers, Retirees and Urban Employees Credit Cooperative (TRUE COOP) Best Practices
  • 2. Profile - TRUE COOP TRUE COOP started last April 28, 2015 and duly registered in the cooperative Development Authority Region I Extension Office in April 28, 2019 with 106 initial members and with initial fixed capital of 233, 200. The area of operation is within the province of Pangasinan. TRUE COOP office is located at Biec Silag, Binmaley, Pangasinan. Biec Silag, Binmaley, Pangasinan
  • 3. Biec Silag, Binmaley, Pangasinan Teachers, Retirees and Urban Employees Credit Cooperative (TRUE COOP) Building
  • 4. 1. Cooperators practices and adhere TRUE virtues: T-Transparency and Trustworthy R- Responsive and Respectful U- Unity and Understanding E- Equality in Equity Biec Silag, Binmaley, Pangasinan
  • 5. 1. High trust and confidence of cooperators
  • 6. • Membership  Due to high trust and confidence of cooperators from 792 members in year 2015 increased to 1,019 members in year 2020. Biec Silag, Binmaley, Pangasinan 2015 2016 2017 2018 2019 2020 792 867 920 965 996 1,019
  • 7.
  • 8. • Total Assets  Continuous support and patronage of COOP services such as Regular Loan and Special Loans (Calamity, Educational, Pension, Agricultural, Micro Business, Emergency & Bonus Loan) Biec Silag, Binmaley, Pangasinan 2015 2016 2017 2018 2019 2020 7, 100, 209.24 9, 028, 158.48 11, 582, 377.37 15, 207, 221.29 16, 183.798.83 18, 026, 868.06
  • 10. • Paid-Up Capital  Paid-Up capital has been increase due to high patronage of coop services on loan. It serves various kinds of loans to good standing members like regular loan etc. Biec Silag, Binmaley, Pangasinan 2015 2016 2017 2018 2019 2020 2, 582, 375.00 3, 633, 602.75 4, 876, 733.82 6, 125, 633.82 7, 106, 433.82 8, 332, 733.82
  • 12. • Net Surplus Biec Silag, Binmaley, Pangasinan 2015 2016 2017 2018 2019 2020 365, 973.98 464, 674.25 371, 483.47 738, 650. 88 923, 240.16 626, 806.94
  • 14. • Savings Deposit Biec Silag, Binmaley, Pangasinan 2015 2016 2017 2018 2019 2020 3, 515, 620.00 3, 694, 829.02 4, 129, 030.59 5, 310, 619.53 4, 365, 707.53 3, 980, 744.97
  • 15. Interest on Share Capital
  • 16. • Interest on Share Capital Biec Silag, Binmaley, Pangasinan 2015 2016 2017 2018 2019 2020 76, 854.54 97, 581.59 78, 011.53 155, 116.68 193, 880.43 307, 135.40
  • 18. • Patronage Refund Biec Silag, Binmaley, Pangasinan 2015 2016 2017 2018 2019 2020 32, 937.69 41, 820.68 33, 433.51 66, 478.58 83, 091.61 131, 629.46
  • 19. 2. Community Development Fund Biec Silag, Binmaley, Pangasinan • Relief packs to members • Distribution of food packs to Senior Citizen members • Feeding program • Clean-up drive • Active participation in Municipal Disaster Risk Reduction Management Council and Municipal Development Council • Gender and Development Seminar
  • 20.
  • 21.
  • 22.
  • 23. 3. Board Meetings Biec Silag, Binmaley, Pangasinan 4. General Assembly 5. Pre-Membership Education Seminar (PMES)
  • 24.
  • 26.
  • 27. Thank you CDA for giving this Level Up Award that serves as our inspiration in serving our cooperators with outmost sincerity and dedication.