Mission
A unified thrust to improved socio-economic well-being of IT’s MEMBERS and a forerunner in providing innovative approach to competitive financial and allied services.
Vision
A robust cooperative and a dynamic socio-economic partner IN THE AVIATION SECTOR
Values
- Sustainability
- Commitment
- Loyalty
- Trust
Goal
- Additional 700 new members
- To increase asset size by 100%
- Maintain delinquency rate below 5% at PAR
- Enhance existing program and services
- Provide new products and services and explore new business opportunities
- Improved organizational efficiency and effectiveness thru policy review and continuous development of staff and officers
Background
Amidst the grueling concerns on how to alleviate the economic plight of the Philippine Air Traffic Controllers (ATCs), which dated back in the unknown past, 17 ATCs gathered together and drafted a different course to address the perennial problem on finances. They had one thing in common --- all of them were regular borrowers of the different lending groups and individuals.
They realized that they were just making the loan sharks richer every time they patronized their services. They agreed to pool in equal contributions to create funds, from where they can borrow at a very low interest. The principles of thrift and savings, self-reliance and service came to fore. These moved them to organize a cooperative. After few months, their number grew, as other ATCs found it the best way to meet their needs. June 21, 1991 the Philippine Air Traffic Controllers’ Multi-Purpose Cooperative (PATCOMC) was registered with the Cooperative Development Authority, with 99 ATC cooperators.
The Philippine Air Traffic Controllers’ Multi-Purpose Cooperative (PATCOMC) is a national occupational cooperative with principal office located at Civil Aviation Authority of the Philippines Compound, NAIA Road, Pasay City 1300.
PATCOMC is an affiliate of the Tagalog Cooperative Development Center (TAGCODEC) and National Confederation of Cooperatives (NATCCO)