About Us
About Us
We are Baguio-Benguet Community Credit Cooperative (BBCCC), an enterprise owned and controlled by its members. Our Cooperative, duly registered with the Cooperative Development Authority (CDA), was formed on October 11, 1958 as a credit union. From humble beginnings, we can now speak of successes that have been recognized and emulated.
We are now a Multipurpose Cooperative with assets close to 3 Billion and a total membership of 30,000. We, the members, come from all walks of life.
We are committed to the cooperative movement. We contribute not just to each members’ well-being but to the community’s development as well. Testaments to this are the recognitions that we have received from various local, national and international award giving bodies.
We continue to make our services closer to and at the convenience of our members in Northern Luzon.
Our Vision & Mission
Vision
To be a model Cooperative that is responsive to the needs of its environment and where each member become economically self-reliant, positive value oriented and socially responsible member of the community.
Mission
To attain this vision, BBCCC commits itself to: (a) lasting improvement in the quality of life of its members; (b) a membership enlightened about cooperative values and their social responsibilities; (c) active involvement in community development.
Principles
Cooperative Principles
Cooperatives are voluntary organizations open to all persons, able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political, or religious discrimination
Voluntary and open membership
Cooperatives are democratic organizations controlled by their members, who actively participate in setting their policies and making decisions. Men and women serving as elected representatives are accountable to the membership. In primary cooperatives, members have equal voting rights (one member one vote) and cooperatives at other levels are organized in a democratic manner.
Democratic member control
Members contribute equitably to and democratically control the capital of their cooperative. At least part of the capital is usually the common property of the cooperative. They usually receive limited compensation if any, on capital subscribed as a condition of membership. Members allocate surpluses for any or all of the following purposes: developing the cooperative, possibly by setting up reserves, part of which at least would be invisible; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.
Member economic participation
Cooperatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise from external sources, they do so on terms that ensure democratic control by their members and maintain their cooperative autonomy.
Autonomy and Independence
Cooperatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their cooperatives. They inform the general public – particularly young people and opinion leaders – about the nature and benefits of cooperation.
Education, Training and Information
Cooperatives serve their members and strengthen the cooperative movement most effectively by working together through local, national, regional, and imternational structures.
Co-operation among
Co-operatives
Cooperatives work for the sustainable development of the communities through policies approved by their members.