Angat Development And Credit Cooperative

How It All Began :

� Organized in February 29, 1988

� 35 Incorporators mostly farmers of Angat

� Initial capital of Php5,000.00 from Barangay Savings Fund and Barangay Guarantee Fund and Php250.00 share capital.

� Registered in January 16, 1989 as Angat Primary Agricultural KB Inc. (BACOD)

� Confirmation No. 512 at CDA last March 2, 1991

� Not for Profit Financial Cooperative but for S

ervice

� Member Owned with common bond

� People helping people, Mutual Self-help

� AMPAKBI was amended in October 1993 as Angat Multipurpose Cooperative

� Angat Multipurpose Cooperative was amended in September 1, 2004 as Angat Development and Credit Cooperative

� Angat Development and Credit Cooperative was re-registered with CDA under CIN No. 0106030308 last December 7, 2009



As of Today :

� 4630 Regular Members

� 2085 Associate Members

�Php 131,434,764.06 Cash in Bank

�Php 8,000.00 Petty Cash Fund

�Php 44,124,302.71 Other Funds and Deposits

� Php 189,202,203.76 Deposits Liabilities

� Php 101,036,369.02 Share Capital

� Php 19,296,290.38 Reserved Funds

� Php 9,109,361.13 Net Income

� OTHER INVESTMENT(LOT) -Php 24,445,000

• Lot 1&2 (San Roque & Sulucan)
-Php 15,445,000.00

• Lot 3 (Marungko - Newly Acquired)
- Php 9,000,000.00

� One (1) Branch Office located at Donacion Angat, Bulacan and One (1) Satellite Office located at Maronquillo, San Rafael, Bulacan

� Accepts all kinds of Savings / Time Deposits

� Covered Municipalities of Angat and Bulacan Wide



7 PRINSIPYO NG KOOPERATIBA
Ito ang nagsisilbing gabay na siyang susundin ng mga kooperatiba.

1. Open & Voluntary
(Bukas at kusang loob na pagsapi)

- Ito ay isang boluntaryong samahan na bukas sa lahat ng nagnanais sumapi at nagnanais magamit ang kaniyang serbisyo at sumasang-ayon na tanggapin ang mga responsibilidad ng pagiging kasapi.

- Walang kinikilingan pagdating sa kasarian, katayuan sa lipunan, lahi, political at relihiyong kinasasapian.


2. Ang lahat ay may pantay-pantay na karapatan o isang miyembro isang boto


3. Membership Participation
(Pakikilahok ng mga kasapi at pagtangkilik sa mga gawain)

- Ang mga miyembro ay kinakailangang magtaya, makiisa at makialam sa pamamahala ng mga ari-arian at operasyon ng kooperatiba. Ang saping puhunan ang nagiging puhunan ng kooperatiba. Sa pagtatapos ng taon ang bawat isa ay nakakatanggap ng kita ng kaniyang saping puhunan INTEREST ON CAPITAL at BALIK TANGKILIK. Ito ay ang kinita ng kooperatiba sa lahat ng kaniyang negosyo. Naglalaan ang kooperatiba mula sa kaniyang linis na kita ng mga reserba para sa katatagan at kagalingan ng samahan.


4. Autonomy and Independence
(Kasarinlan o pagtayo sa sarili)

- Ang kooperatiba ay dapat nagsasarili, nabubuhay sa pinagsama-samang kapital at deposito ng kaniyang mga miyembro. Kung sakali mang kumuha ng kapital galing sa mga bangko, gobyerno or NGO, tinitiyak nito na huwag mapakialaman o mamanipula ang sarili nitong pamamahala.

5. Continuous Education
(Pag-aaral, pagsasanay at pagbibigay)

- Ang kooperatiba ay patuloy na nagbibigay ng pag-aaral at pagsasanay sa kaniyang miyembro, halal na opisyal, tagapamahala at mga empleyado upang epektibong makapanungkulan para sa patuloy na pag-unlad ng kooperatiba.

6. Cooperative Among Cooperative
(Pakikiisa sa mga kapwa kooperatiba)

- Mas mapapagaling ang paglilingkod at mas mapapalakas ang kilusang kooperatiba sa pamamagitan ng pakikipatulungan at pakikipag-ugnayan sa iba pang kooperatiba.

7. Concern to the Community
(Malasakit sa kapakanang pangkomunidad)

- Ang mga kooperatiba ay tumutugon sa tuloy-tuloy na kaunlaran ng mga pamayanan na kanilang nasasakupan bilang paglilingkod sa pamayanan sa pamamagitan ng mga serbisyo o proyekto na kapakipakinabang. Mga Pagpapahalaga (Values) :

1. EQUITY

- Ang tuloy-tuloy na pagbibigay ng mga serbisyo at paglilingkod sa kanyang mga kasapi at karampatang pakikitungo sa kanila base sa kanyang kalagayan bilang kasapi. Sa ibang salita, pagtutok sa kalagayan at mga pangangailangan ng kanyang mga kasapi.

2. INTEGRIDAD

- Pagpapakita ng malasakit at katapatan. Kasama at paglalaan ng mabuting pag-uulat sa kanyang mga kasapi at iba pang nagtataya sa kanya.

3. PROPESYUNALIDAD

- Isang mahusay, nasa oras at epektibong serbisyo sa lahat ng oras sa pamamagitan ng kanyang mahuhusay na direktor, tagapamahala, kawani, kaalinsabay ng organisadong sistema ng komunikasyon at operasyon.

4. RESPONSIBILIDAD

- Responsableng paggamit ng pangasiwaan ng Capital o pamumuhunan ng kooperatiba.

5. KOOPERASYON

- Pakikipag-ugnayan sa mga komunidad at iba pang mga nagtataya o tumatangkilik upang maipabatid sa kanila ang kapakinabangan na naibibigay ng kooperatiba sa kanyang kasapi at sa komunidad na pumapaloob sa kanya.

6. PAGKILALA / PAGDIRIWANG

- Ninanais ng kooperatiba ang isang masiglang samahan na kung saan ninanais niyang mabigyan ng maayos na pamumuhay ang kanyang mga empleyado, na kung saan ang mga pagdiriwang ay pinaghahandaan, pinapupurihan ng kooperatiba ang mga kagalingan, kahusayan, talento at kasipagan ng mga tauhan.

7. RESPETO

- Ang gawain ng kooperatiba na mabigyang serbisyo ang mga mahihirap sa komunidad ay ‘di isang panig lamang o kinakailangan ang kasabay na pagtulong at pakikiisa ng kasapi upang maging matagumpay ang programa.

8. PANANAGUTAN

- Sa pakikiharap sa mga kasapi sa loob ng komunidad sa pamahalaan na sumusubaybay at sa mga katunggali sa negosyo ginagawa naming isang pananagutan ng kooperatiba sa kanila ang mataas na kalidad ng aming trabaho upang mahigitan pa namin ang inaasahan nila.

9. PAGBUBUKLOD

- Ang trabaho o hanapbuhay ay isang mahalagang bahagi ng ating buhay at ninanais namin na maisangkot o maiangkop ito sa lahat ng aspeto ng aming pakikipag-ugnayan sa aming mga kasapi at iba pang nakakasalamuha sa hanapbuhay ng buong katapatan. Kasabay ang paggalang sa iba’t-ibang pinanggalingan at paniniwala.

10. PAGBIBIGAY HALAGA SA MGA PAGBABAGO

- Kinikilala namin na maraming paraan upang masagutan ang isang pangangailangan o maisagawa ang isang programa. Patuloy na tumatanggap ng mga pag-aaral, nagsasaliksik upang mas mapaganda at mapaayos ang aming kasalakuyang sinusunod at ipinatutupad na mga gampanin. MEMBERSHIP AND AFFILIATIONS

Municipal and Provincial

� Municipal Cooperative and Development Council (MCDC)

� Kilusang Kooperatiba sa Bulakan (KKB)

� Bulacan Federation of Credit Cooperative (BFCCO)

� Bulacan Cooperative Hall of Fame League Union

� Cooperative Rural Bank of Bulacan, Inc. (CRBBI)

� National Food Authority (NFA)

� Provincial Farmers Action Council (PFAC)


Regional and National

� Central Luzon Regional League (CLRL)

� Institute for People Power & Development (IPPD)

� Philippine Federation of Credit Cooperative (PFCCO)

� Metrosouth Cooperative Bank

� National Confederation of Cooperative Phillipines (COOP - NATCCO)


Asian / International

� Asian Confederation of Credit Cooperative (ACCU)

� World Credit Union (WOCU)

� Credit Union Benchmarking in South East Asia (CUBSEA)



ANGAT DEVELOPMENT AND CREDIT COOPERATIVE
Saudi St., San Roque, Angat, Bul


LIST OF OFFICERS
Year 2022

BOARD OF DIRECTORS

CORAZON I. FACUNLA
Chairman

ELIZABETH Q. PLACIDO
Vice Chairman


DIRECTORS

MARIA BELLA C. CASTILLO
EVANGELINE I. CRUZ
MARGARITA S. DEL ROSARIO
ROLANDO M. REYES
PABLITO C. SARMIENTO


AUDIT COMMITTEE

MARIBEL V. CRUZ
Chairman

MARY KRIS C. SANTOS
Vice Chairman

ROSE ANN JOY A. LEGASPI
Secretary

ELECTION COMMITTEE

ADOLFO F. FABABEIR
Chairman

ZENAIDA L. CRUZ
Vice Chairman

EVANGELINE F. GARGALLO
Secretary


EDUCATION COMMITTEE

LUZVIMINDA F. AQUINO
Chairman

GERLITA V. MONTANO
Member

RUFINA P. CRUZ
Member


DELINQUENCY COMMITTEE

PRIMILLA PAGANGPANG
Chairman

YOLANDA FABABIER
Vice-Chairman

DOMINGO B. ANGELES
Secretary


ETHICS COMMITTEE

DAISY F. ROA
Chairman

MARYLIN M. GUBATON
Vice-Chairman

MERLINDA DV. VILLARAMA
Secretary


MEDIATION COMMITTEE

FELICIANO S. DE GUZMAN
Chairman

ESMERALDO P. DE GUZMAN
Vice Chairman

EDITA AQUINO
Secretary


GENDER AND DEVELOPMENT COMMITTEE

GLICERIA SG. ESQUIVEL
Chairman

HELEN KELLERMEYER
Vice-Chairman

MA. LUISA S. CERO
Secretary


MANAGEMENT STAFF- Main Office

GERLITA V. MONTANO
Chief Executive Officer

RUFINA P. CRUZ
HR Officer

ESMERALDA M. RESURRECCION
Treasurer

PRONILLA B. BALAGAT
Accountant

RACHEL V. DE LEON
Collection Officer

CORNELIA C. DAGUIO
Loan Officer

ROSALINDA C. LIPANA
Credit Officer

BEVERLY T. PLACIDO
Accounting Clerk

JESICA JOY S. DELA CRUZ
Cashier

SARAH JANE S. PINEDA
Posting Clerk

ANGELICA M. SANTIAGO
Loan Clerk

MELQUIADES A. DELOS REYES
Liaison Officer

AIRISH P. RONQUILLO
Secretary

KEVIN PAUL C. CRUZ
Collector

ALVIN C. NICOLAS
Collector

MICHAEL S. SANTIAGO
Utility

RODELIO G. AVENDAÑO
Security Guard


MANAGEMENT STAFF - Branch Office

OLIVER D. VENERACION
Branch Manager

MARILYN M. LO
Cashier

APRIL HANES F. SARMIENTO
Loan Officer/Cl

LOUVINA D.MANUEL
Accounting Assitant

ABIGAIL C. DE LEON
Savings Clerk

KEN WILFRED G. CLEMENTE
Loan Clerk

RENZ ROMMEL V. VALDERAMA
Collector

RYAN JAYVEE M. JIMENEZ
Collector

MALOU C. CRUZ
Utility

ROMEO P. DELA CRUZ
Security Guard

MARK ANTHONY B. MANAYAO
OIC Palanas MPC

MANAGEMENT STAFF-SATELLITE OFFICE

JOHN MAVERICK I. VENERACION
OIC Satellite

HEDENALYN S. VALDERAMA
Bookkeeper

JULIUS RYANFORD C. DE GUZMAN
Collector


COORDINATORS
• MA. LOURDES S. EVANGELISTA
• SUSANA C. PASCUAL
• REBECCA I. ENGHUG
• DOMINGO B. ANGELES
• ERLINDA E. SIMBORIO
• YOLANDA L. FABABIER
• PRIMILA F. PAGANGPANG
• JESUS E. ABERGAS
• CYNTHIA M. ARBOLEDA



NOTE : To see Angat Development and Credit Cooperative Organizational Chart, Click this : http://www.facebook.com/photo.php?fbid=10200172751835715&set=a.10200172469828665.2180326.1659037362&type=3&theater


HOW TO BECOME A REGULAR MEMBER OF ADCC

� Must be 18 to 55 years of age.
� 56 and above are optional.
� Resides in Angat and / or Bulacan.
� With good moral character and preferably with a job. Requirements :

� Minimum Share Capital of Php. 2,000.00
� Minimum Savings of Php. 1,500.00
� Membership fee and ID fee of Php. 500.00
� Tin Number / Residence Certificate Number
� ID picture 2 ( 2x2 ) and 2 ( 1x1 )
� Bio Data / Membership Form
� Attended the PMES ( Every Wednesday of the month )

------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------


PRODUCTS ( Savings, Business, Community and Other Services)

- SAVINGS -

� Share Capital (Regular and Associate)

Characteristics :

� Membership Fee is Php. 500.00 with I.D.
� Share Capital is Minimum of Php. 2,000.00
� Savings is Minimum of Php. 1,500.00
� Associate Membership Share is Minimum of Php. 200.00
------------------------------------------------------------------------------------------------

� Time Deposit
Account Code : S 6
Product Name : Term Deposit
Interest Rate : Variable ( Market Rate )
Minimum Deposit : Php. 50,000.00

Characteristics :

� A deposit held at a contracted term and rate.
� Interest earned is fixed with term.
� Notification letter sent to member 20 days prior to maturity, informing of 10-day post maturity grace period and roll over options.
� Deposits are non-transferable and cannot be withdrawn except by the signatories or their authorized representatives to make withdrawals.
� Notification letter or telephone call must be made if withdrawal shall be made prior to maturity date, at least 5 or 7 days.
� Non-member depositors are required to become associate members paying two hundred pesos ( Php. 200.00) as preferred share.
� If no notification is received, the term automatically roll over under existing term at existing rate.
� Fixed interest rate will be forfeited if withdrawn prior to the maturity date and savings interest rate shall apply.
� Interest rates varies based on the amount of deposits.
------------------------------------------------------------------------------------------------

� Savings Deposit (ordinary)
Account Code : S 1
Product Name : Personal Access Savings Account
Interest Rate : Variable ( According to Market Rate )
Minimum Deposit : Php. 100.00

Characteristics :

� Liquid Savings account with no contractual maturity.
� Minimum of Php. 100.00 to open an account.
� Maintaining balance is Php. 100.00.
� Maintenance fee is Php. 100.00 if no movement of account ( dormant accounts ) for two ( 2 ) years.
� Member and Non-member could open an account.
� If balance goes below Php. 100.00, the account receives no interest.
� Quarterly interest calculation based on daily average balance credited to the account every end of each quarter.
� Associate membership fee of two hundred pesos ( Php. 200.00 ) for non-members, is required and not withdrawable until full force of the savings. Upon termination, it can be withdrawn together with the credit amount stated in the passbook.
------------------------------------------------------------------------------------------------

� Savings Deposit with Benefit (PTNT)
Kahulugan :
� Prima change to voluntary savings of worth Php. 300.00 to be deducted to IC / PR ( if applicable );
� Up to second quarter only payment of savings after membership. Layunin ng deposito :
� Mahikayat ang mga kasapi at turuan ng disiplina sa pag-iimpok.
� Upang makaiisa sa pagpapalago ng puhunan ng kooperatiba.
� Upang maging bukas loob sa pagtulong sa kapwa kasapi sa panahon ng pagpanaw nito.
� Upang matugunan ang mga responsibilidad at pananagutan ng kamay-ari sa kooperatiba sa panahon ng nakaiwanan niya ito. Mga Katangian :
� Ang lahat ng regular na kamay-ari ng kooperatiba ay voluntary o optional na sumali sa programang ito.
� Minimum deposit na Php. 1,500.00 na mayroong patubong 2% kada taon na hindi pwededng mailabas / ma-withdraw ( as minimum balance ).
� All new members with minimum savings deposits og Php. 1,000.00 sa maintaining balance will be automatically changed after 3 years of membership to Php. 1,500.0 sa maintaining balance.
� Patuloy na dinaragdagan sa bawat buwan upang maging magaan ang pag-iimpok.
� May contestability period na tatlo ( 3 ) buwan buhat ng makabayad ng halagang Php. 1,500.00 ang may eded na 50 pababa bago mabigyan ng benepisyo.
� May contestability period naman ng anim ( 6 ) na buwan buhat ng makabayad ng Php. 3,000.00 ang may edad na 51 - 55 years old ( minimum maintaining balance of these ages to get the benefit ).
� Ang mga delinkwenteng kasapi ay hindi makakatanggap ng buong benepisyo depende sa tagal nito. o Members for more than seven ( 7 ) years
• 1 to 5 Months past due - ⅔ of the total amount of benefit
• 5 ½ Months to 12 Months past due - ½ of the total amount of benefit
• 12 ½ Months to 1 ½ year past due - ⅓ of the total amount of benefit
• More than 1 ½ year past due - donation of not less thank Php. 20,000.00

o Members for less than seven ( 7 ) years
• 1 to 3 Months past due - ⅔ of the total amount of benefit
• 3 ½ Months to 6 Months past due - ½ of the total amount of benefit
• 6 ½ Months to 1 year past due - ⅓ of the total amount of benefit
• More than 1 year past due - donation of not less thank Php. 20,000.00

� Para sa Associate Member pa lamang, kinakailangan itong maging ganap na kasapi saka pa lamang maaaring sa programang ito.
� Ang Benepisyo ay ipagkakaloob lamang sa lihitimong pamilya o nasasaad sa beneficiary bago ilibing o pakalibing ng kasapi.
� Kung ang beneficiary na ipinalista ay hindi asawa, anak o magulang kinakailangan mgsumite ng " Sworn Statement " ba ang itinalagang beneficiary ay siyang dapat na mgmana ng benepisyo. o Siya ang personal na susulat sa ledger ng nais na beneficiary. o Magsusumite ng picture ng ginagawang tagapagmana. Mga Benepisyo :
Mga Kategorya at Halaga ng abolusyon / damayan

o Membership from June 2008 and Above
- More or less of the amount of Php. 95,000.00 to Php. 105,000.00 + Php. 10,000.00 per year of membership
o Membership from July 2008 to present :

a. 4 Months to 1 year and 7 Months to 1 year
- More or less Php. 18,000.00 - Php. 25,000.00
b. 1 ½ year above up to 2 years member
- Php. 35,000.00
c. 2 ½ year above up to 3 years member
- Php. 45,000.00
d. 3 ½ year above up to 4 years member
- Php. 55,000.00
e. 4 ½ year above up to 5 years member
- Php. 65,000.00
f. 5 ½ year above of membership
- plus Php. 10,000.00 every year of membership

� Ang halagang matatanggap o benepisyong tatanggapin ay ibabatay pa rin sa tagal ng pagiging kasapi, sosyo kapital at nagastos bago namatay.
------------------------------------------------------------------------------------------------

� Kinabukasan Trust Fund (Officers)
------------------------------------------------------------------------------------------------

� Special Savings with Health Care Benefit (Officer & Staff)
------------------------------------------------------------------------------------------------

� Special Savings (Christmas & Holiday Savings)
Account Code : S 5
Product Name : Christmas savings club
Interest Rate : Variable ( According to the market rate )
Minimum Deposit : Php. 100.00

Characteristics :
� Christmas savings Club is designed to save for that very expensive time of the year. Gifts, Holidays, leisure time and entertaining the kids are an expense that goes beyond spending spare money a family has.
� By saving a small amount, member can build a nest egg ready for those expenses Member has to set aside a small sum computed based on the target savings.
� Minimum of Php. 100.00 to open an account.
� Maintaining balance is Php. 100.00.
� Maintenance Fee is Php. 30.00 will be charged if account has no movement for over Two ( 2 ) years ( dormant accounts ).
� Withdrawals are permitted only in November and December.
� Member and Non-Member could open an account, Provided that non-member would open an account of two hundred pesos ( Php. 200.00 ) as an associate member.
� If balance goes below Php. 100.00, the account receives no interest.
� Interest is calculated on the daily average balance, and is posted every end of each quarter. Account Code : S 9
Product Name : Holiday Savings
Interest Rate : Variable ( Minimum of 3% )
Minimum Deposits : Php. 100.00

Characteristics :

� Offered to help member plan for a holiday.
� Be prepared for the year-end spending with a convenient holiday club savings account that earns interest.
� With holiday club member / non-member can save money for holiday shopping, vacation or traveling to visit family and friends.
� Some of benefits through this savings :
o Shop with confidence and know how exactly how much is available to spend before shopping. o No need to worry about post-holiday bills. o Get back more than saved by earning monthly interest. o Save specific amount deducted from monthly income.

� Interest is credited every quarter.
� No withdrawal is allowed only one week before the planned holiday.
------------------------------------------------------------------------------------------------

� Youthbee Savings
Account Code : S 2
Product Name : Youth Bee Savers
Interest Rate : Variable ( According to market rate )
Minimum Deposit : Php. 50.00

Characteristics :

� Savings account intended for kids and grade school student 0-12 years of age, particularly kids from different school.
� To encourage children the habit of savings at an early age.
� To minimize unnecessary expenditures especially those with big allowances.
� To prepare them for the next school year's expenses like tuition fees, books, uniforms, etc... and special occasion such as Christmas and graduation day.
� Specially designed savings for kids 12 years old and below.
� Minimum of Php. 50.00 to open an account.
� All savings account shall be recorded to the name of their parents / guardians, (In Trust for ) who shall be required to be an associate member ( if non-member ), paying two hundred pesos( Php. 200.00 ).
� Maintaining balance is Php. 50.00. No interest if less than fifty.
� Maintenance fee is Php. 10.00 if no movement of account for Two ( 2 ) years and above.
� This account has to be cross sell by the credit union staff to parents, grandparents, uncles, aunts, aunties, godfathers and godmothers.
� Parents, grandparents, uncles, aunts, godmother, godfather, brothers and sisters, could deposit to the account as gift to minor depositor.
� Depositor entitles to an award for good habit of savings i.e Youthbee Saver for the month, and Youthbee Saver of the Year which will be awarded at the Annual General Meeting.
� Interest is calculated on the average daily balance credited to the account every end of each quarter.
------------------------------------------------------------------------------------------------

� Smarteens Savings
Account Code : S 3
Product Name : Smarteen Saver
Interest Rate : Variable ( According to market rate )
Minimum Deposit : Php. 50.00

Characteristics :

� For youth age above 13 to 19.
� Minimum of Php. 50.00 to open an account.
� Maintaining balance is Php. 50.00.
� Parents, grandparents, uncles, aunts, godmother , godfather, brothers and sisters could deposit to the account as gift to the depositor i.e graduation, birthday, Christmas, etc...
� Angat DCC plays a valuable role in helping establish sound money management skills that will last a lifetime as well as being a great way for teens to learn to save for the latest craze!
� Maintenance fee of Php. 30.00 per month if no movement of account for over 2 years.
� This account has to be cross sell by the credit union staff to parents, grandparents, uncles, aunts, aunties, godfathers and godmothers.
� If balance goes below Php. 50.00, depositor receives no interest.
� Interest is calculated on the daily average balance credited to the account every and of each quarter.
� The account is recorded in the name of the parent / guardian ( In Trust For ) until the depositors reaches the age of eighteen ( 18 ) years to be a member of the cooperative. Non-member is required to be an associate member ( Php. 200.00 preferred share ).
� Depositors encouraged to deposit based on purpose.
------------------------------------------------------------------------------------------------

- PRODUCTS / BUSINESS -

� DXN International
� UNO - 1st Health Products
� ADCC Home Care Products
� Koop Shield Insurance
� St. Peter Plans
� Rice Trading
� Palay Trading
------------------------------------------------------------------------------------------------

- COMMUNITY SERVICES -
� Pamaskong Handog (yearly)
� Medical/Optical/Dental Mission (yearly)
� Social Services (Manicure/Pedicure/Hair Cutting)
� Malnourished/Feeding Assistance (yearly)
� Assistance for Typhoons Victims
� Balik Eskwela Package for Grades School Pupils
� Health Care Package for School Children
� Clean & Green Project / Proper Waste Mangement
------------------------------------------------------------------------------------------------

- Other SERVICES -

� AUB On Line Banking (Bills Payment)
� Tubigang Pangmasa (Vendo Machine)
� SM Guarantor Card (COOP - SM Partneship)
------------------------------------------------------------------------------------------------

TWO YEAR COMPARATIVE MEMBERSHIP GROWTH AND FINANCIAL HIGHLIGHTS

Year 2020 Year 2021
MEMBERSHIP 4,630 4,623
TOTAL ASSETS 340,040,968.53 368,216,943.40
TOTAL LIABILITIES 215,201,060.55 236,488,152.63
TOTAL SHARE CAPITAL 95,682,930.32 101,036,369.02
TOTAL DEPOSITS 175,100,589.97 189,202,203.76
TOTAL LOAN GRANTED 142,602,977.19 172,080,201.04
TOTAL NET SURPLUS 7,117,340.64 9,109,361.13
RESERVE FUND 17,929,886.21 19,296,290.38
EDCOM FUND 690,590.41 943,472.10
OPTIONAL FUND 3,928,312.42 4,311,867.91
COMMUNITY FUND 1,104,188.60 636,791.36
INTEREST ON SHARE CAPITAL PAYABLE 3,736,603.84 4,782,414.59
PATRONAGE REFUND PAYABLE 1,245,534.61 1,594,138.20
OTHER FUNDS AND DEPOSITS 44,892,819.46 44,124,302.71