Who We Are
Amidst the growing concern over the economic challenges faced by the Philippine Air Traffic Controllers (ATCs), a group of 17 pioneering controllers came together with one shared goal — to break free from financial hardship and dependence on high-interest lenders.
During that time, many ATCs found themselves trapped in cycles of debt, borrowing from various lending groups and individuals at steep rates. Realizing that they were only enriching loan sharks while deepening their own financial struggles, these 17 visionaries decided to take a different course.
They pooled their resources — each contributing equally — to create a shared fund from which members could borrow at low and fair interest rates. Guided by the cooperative principles of thrift, savings, self-reliance, and mutual service, this small initiative became a movement for empowerment and solidarity.
As word spread, more air traffic controllers joined in, recognizing the cooperative as a reliable solution to their financial needs.
On June 21, 1991, their vision took flight with the official registration of the Philippine Air Traffic Controllers’ Multi-Purpose Cooperative (PATCOMC) under the Cooperative Development Authority (CDA) — proudly starting with 99 founding cooperators.
Vision
A robust cooperative and a dynamic socio-economic partner in the aviation sector.
Mission
A unified thrust to improved socio-economic well-being of its members and a forerunner in providing innovative approaches to competitive financial and allied services.
Goals
In pursuit of its mission to strengthen the socio-economic well-being of its members and uphold cooperative excellence in the aviation sector, PATCOMC is committed to achieving the following strategic goals:
- Expand Membership Base – Gain at least 700 new members to strengthen inclusivity and participation.
- Increase Asset Size by 100% – Double the cooperative’s total assets through sustainable growth and sound financial management.
- Maintain a Healthy Portfolio – Keep the delinquency rate below 5% at PAR, ensuring strong financial stability.
- Enhance Existing Programs and Services – Continuously upgrade systems, processes, and member services for improved experience.
- Introduce New Products and Explore New Business Opportunities – Pursue innovative, technology-driven, and member-focused ventures.
- Strengthen Organizational Efficiency and Effectiveness – Advance governance and performance through policy review and continuous development of staff and officers.
Core Values
- Sustainability - Promoting long-term growth and stability for the cooperative and its members.
- Commitment - Upholding dedication and integrity in all endeavors.
- Loyalty - Fostering trust and strong relationships within the cooperative community.
- Trust - Building confidence and transparency among members and partners.