Now Available: Official Toril Coop GCash Biller
Pay your bills easily and securely using the new official Toril Coop GCash Biller. Learn more and see how it works.
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Sweating under the radiant sun. Smoothing the creases of their shirts. Dusting the soots from the long commute. Back then, onlookers would have never thought that the 30 people who just came down from a jeepney in front of Sta. Ana Parish would be the revered founder of the Toril Community Cooperative (TCC). They just arrived to attend an orientation lecture on Credit Union given by social activists from the aforementioned parish. Among the lecturers was Mr Eustaquio Ancheta, Davao City’s CCO at that time. The lectures happened circa November and December of 1968. After its culmination on December 28 of the same year, the 30 people hailing from Santo Rosario Parish, founded the then called Toril Cooperative Credit Union, Inc. “Nagsugod sa sabot-sabot lang jud ba. Then nag elect mi ug officers ug nagkampanya mi for membership (It started with just a meeting. Then, we elected our officers and campaigned for membership),” founding member Constantino Rabara said while reminiscing about their humble beginnings.
In accordance with the provisions of Republic Act No. 2023, they elected their five Board of Directors where Mr. Fernando Pantig as their President, Mr. Pedro Concepcion, Vice- President; Mr. Constantiono R. Rabara, Secretary; Mr, Jose Ferriols-Treasurer/Manager; and Mr. Noe Albay-Director. They also elected the Supervisory and the Credit Committees composed of three members respectively. With just an official fixed deposit of ₱ 1,157.00 and a total of 45 members, Toril Cooperative Credit Union, Inc. was officially registered and approved by the Cooperative Administration Office (CAO) on February 17, 1969, with Registration No. 002171. Given the small number and little capital, TCC’s first office was a space beside the convent of Sto. Rosario Parish with only four personnel running its operations. In 1972, TCC amended its by-laws from a Credit Union to a Multi-Purpose Cooperative and introduced, among other things, a self-help mortuary among its members. In 1980, TCC acquired a residential-type property at Bayanihan St., Toril, Davao City which was converted into an office. This became the new office of the cooperative.
Sometime in 1985 TCC engaged in a trading center selling farm implements and groceries to the members but this business did not prosper and was closed sometime in 1990. After its failed business expansion attempt, TCC bounced back in 1992 after the general membership approved the establishment of a Funeral Parlor which is now known as the TCC Funeral Home. This business allowed the cooperative to gain significant funds and, at the same time, provided an opportunity for its members and their families to avail themselves of affordable funeral services. . Furthermore, with the increased assets of the cooperative, TCC was able to build and move into its new 5-storey office building in Saavedra Street, Toril, Davao City, in 1996. In 2006, TCC inaugurated its Condo-Hostel and Dormitory, a 4-storey building located at Bayanihan St., Toril Poblacion, Davao City. This is the 1st Condo-Hostel that is owned and operated by a primary Cooperative in Mindanao. With the expansion of its area of operation to Davao City and Davao del Sur, TCC launched its first branch in Brioso St., Sta. Cruz, Davao del Sur on June 28, 2004. A year after, TCC Calinan Branch located at Magsaysay St. was opened In August 2011, two branches were inaugurated, August 8, 2011 in Mintal, Davao City and August 18, 2011 in Digos City. Last January 2017, a satellite office in Puan, Davao City started its operation. On July 18, 2018 TCC Funeral Home and TCC Savings and Credit Satellite Office in Padada, Davao del Sur was Launched and inaugurated. Today, TCC is a multi-purpose cooperative with 19,300 proud members, seven branches, booming businesses in the funeral and condo-hostel industries, and a total asset of Php605.5Million But, even with its success through the years, TCC never forgets its core mission, to uplift the socio-economic well-being of members by providing quality financial and allied services. Hence, TCC always makes sure to put the well-being of its members at the center of its decision-making processes and to give back to the community through its community development activities like brigada eskwela, livelihood, environmental protection, and health programs. “We envision for every member of the cooperative to have a better quality of life in the long run. Ihatag nato ang atong maayong serbisyo sa atong mga miyembro (We will give our members quality service),” With this vision in mind, TCC will continue to be a beacon of hope for the thousands of Filipino people who dream of living a quality life.
