The DCCCO Multipurpose Cooperative is a well-established cooperative in the Philippines that began as the Dumaguete Cathedral Credit Cooperative Union (DCCCU) under the leadership of Mother Marcella Foret, O.Carm, Most Rev. Epifanio B. Surban, and Gov. Mariano Perdices on February 17, 1968. It was formed in response to the harsh socio-economic conditions and the pressing need to offer accessible financial solutions for parents struggling to pay for their children’s education. It was further supported by a dedicated team of incorporators, charter members, and community volunteers who believed in the power of collective savings and cooperation.The organization has grown from its original 49 members and ₱1,181.50 in capital to become a full-fledged multipurpose cooperative offering savings, loans, insurance, and community-based services.
DCCCO was officially registered with the Cooperative Administration Office on August 5, 1969, later with the Bureau of Cooperative Development in 1975, and confirmed by the Cooperative Development Authority (CDA) in 1991. On June 17, 2011, it was approved as a Multipurpose Cooperative under RA 9520. Whether you’re planning to save, borrow, or invest, becoming a member of the DCCCO Multipurpose Cooperative can help you achieve your financial goals with a wide range of dependable and community-driven financial products.
Products and Services Offered
As a cooperative, DCCCO currently offers various products and services which includes the following:
Savings Products
- Emergency Fund Savings: Financial cushion for emergencies like illness, job loss, and calamities.
- Insurance Fund Savings: For all insurance-related financial needs.
- RELAX Savings: To support rest, leisure, and travel.
- Special Anniversary Savings: For annual celebration expenses.
- Save As You Age (SAYA): For retirement planning.
- Youth Educational Support Savings: For funding education of members and their dependents.
Note: All savings products require a minimum initial deposit of ₱100 and are available to all members.
Loan Products
DCCCO also offers flexible loan options that cater to different financial needs.
- Car/Vehicle Loan
- Back-to-Back Loan
- Motorcycle Financing
- Hospitalization Loan
- Pension Loan
- Revolving Special Credit Line (RSCL)
- Salary Loan
Other Services
Aside from these, the cooperative also offers:
- Insurance
- Investment Opportunities
- Community Development Programs
- Allied Services: DCCCO Hotel and DCCCO Village
- MyPitaka ATM Card: A non-interest-bearing ATM savings account usable via Bancnet-affiliated banks. No maintaining balance required.
Membership: Who Can Join?
Anyone who meets the eligibility criteria can become a DCCCO member by attending the Pre-Membership Education Seminar/Webinar (PMES/PMEW).
Qualifications
Here’s a list of the eligibility requirements you need to satisfy to join DCCCO:
- Filipino citizen and of legal age
- With capacity to contract
- Resides, works, or does business in DCCCO’s area of operation
- Attended PMES
- Completed and submitted Membership Application Form
- Paid the total required amount: ₱2,600, covering:
- Membership Fee: ₱100
- Share Capital: ₱1,000
- Savings Deposit: ₱555
- Membership ID: ₱100
- Annual Due: ₱30
- Damayan Fund: ₱600
- Plastic Holder: ₱15
- ATM (MyPitaka): ₱200
Required Documents
Applicants also need to prepare the following documents for submission:
- Photocopy of Birth Certificate or Marriage Certificate (if married)
- Taxpayer’s Identification Number (TIN)
- PMES Certificate
- Two 2×2 ID Photos
- Photocopy of any valid ID (e.g., SSS, Driver’s License, Passport, National ID, UMID)
Membership Classifications
DCCCO membership is not equal though. There are different types and tier classifications, depending on tenure:
- New Member: Less than 6 months in the cooperative
- Member in Good Standing (MIGS): Further classified as:
- Nickel: ≥6 months
- Bronze: ≥2 years
- Silver: ≥3 years
- Gold: ≥4 years
- Platinum: ≥5 years
Each tier level requires increasing share capital, savings deposits, and transaction activity.
Note: Minors can also participate through the DCCCO Youth Zone Laboratory Cooperative (DYZLC), which promotes early financial literacy and savings habits.
How to Apply for DCCCO Membership Online
If you wish to apply for membership, you may do so online via the DCCCO website. Simply follow these steps:
Step 1: Get your documents ready.
Prepare all the required documents listed in the membership guidelines.
Step 2: Attend the Pre-Membership Education Webinar (PMEW) online or the Pre-Membership Education Seminar (PMES) (offline).
Join DCCCO’s free PMEW via Zoom or in-person at one of the DCCCO branches to learn more about the cooperative, member benefits, and how you can grow with the community. This session is mandatory for membership.
For PMEW: It is free and does not require registration. Simply attend according to the following schedule and meeting details:
- Schedule: Every Saturday at 8:00 AM & 2:00 PM
- Where: Live via Zoom
- Meeting ID: 850 0143 5514
- Passcode: DCCCOPMEW
Note: The webinar is on a first come, first served basis and is limited to only 100 participants per session.
Step 3: Go to the official DCCCO website at https://dccco.coop/index.php?page=dccco.
Step 4: Scroll down and click the “DCCCO Online Membership Application (DOMA)” button.
Step 5: Review the Data Privacy and Protection Agreement, check the box to agree, then click “Proceed.”
Step 6: Fill out the application form with complete and accurate information.
Step 7: Upload all required documents.
Step 8: Review all details, then click “Submit.”
Once completed, wait for further instructions from DCCCO.
Note: It is also possible to do this in-person by visiting any DCCCO offices nearby.
DCCCO Branches
If you prefer to take the PMES or inquire about the cooperative first, you may visit the DCCCO offices in the following locations:
- Dumaguete City
- Sibulan
- Bayawan City
- Kabankalan City
- Siquijor
- Bais City
- Guihulngan City
- San Carlos City
- Carcar, Cebu
Video: DCCCO Products and Services
Interested in joining, but not quite there yet? Maybe learning more about the value that this cooperative can offer you will give you the final push you need. Learn more about the loan and deposit products as well as the services and perks offered by DCCCO Multipurpose Cooperative to its members by watching this video below.
Contact Information
For other concerns or inquiries, you may also reach out to DCCCO via the following:
- Head Office: DCCCO Bldg., Sta. Rosa Street, Poblacion 2, Dumaguete City, Negros Oriental, Philippines
- Telephone: (035) 421-0644
- Email: headoffice@dccco.coop
- Website: https://dccco.coop
- Facebook: https://www.facebook.com/DCCCOMultipurposeCooperative