ABMONEY: 2012

Typhoon Sandy

I have here a shared links on images and pictures of typhon Sandy that hit US with much damage on New Jersey and New York

Images of SuperStorm Sandy in Yahoo Over 100 images reflecting the damage caused by SuperStorm Sandy

National Coop Summit '12 in full swing

As the month of October draws near, the whole cooperative community is gearing up for what will be a special Cooperative Month celebration. Cagayan de Oro is fortunate to be hosting the National Cooperative Summit, a gathering of different coops from all parts of the country, which will be held on October 10-12, 2012 at The Atrium, Limketkai Center, Cagayan de Oro City.

What makes this summit significant is the recognition of Cagayan de Oro as one the hubs for cooperativism in the country as well as the United Nation (UN) declaring "2012" as the International Year of Cooperatives. The First Community Cooperative (FICCO), Cooperative Development Authority (CDA), CLIMBS Life & General Insurance Cooperative, MASS-SPECC, NATCCO and the Philippine Federation of Credit Cooperatives (PFCCO) Mindanao League serves as the local hosts for the said summit. Several events and activities have been slated catering to the pressing concerns and needs of the cooperative sector. For detailed list of events and activities, click here.

Cooperatives have always been partners in poverty alleviation and nation building. This year’s celebration not only recognizes the importance and significance of coops but also serves as an invitation for people who are still non-coop members to join in the initiative. Our coop network is continually growing with more people understanding that through the spirit of cooperativism, we can all concretely contribute to socio-economic change.

FICCO Community Outreach Foundation Inc.

FICCO Community Outreach Foundation hold its 1st General Membership Assembly in FICCO Main Office today April 9, 2012. The foundation will have its office in the 3rd Fl FICCO Main Office, the office formerly occupied by the IT Office.

BIR RR 7-2012

The Bureau of Internal Revenue released a Revenue Regulations No. 7-2012 last April 2, 2012, with a title : Amended Consolidated Revenue Regulations On Primary Registration, Updates, And Cancellation

This Revenue Regulation covers the

Section 4 , 1 , vii

All incorporators of corporations/associations (stock and non-stock), partners of
partnerships and members of cooperatives must have TINs.

ftp://ftp.bir.gov.ph/webadmin1/pdf/63012RR%207-2012.pdf

You may also click here to view the BIR RR 7-2012 in PDF format

Mancom Meeting

Test post from iphone

BSP Approves the Consolidation of FBMO, CBSS, and CBDS

Finally after years of follow up and diligent effort the BSP approves the consolidation of FBMO, CBSS, and CBDS and now called the "Consolidated Cooperative Bank".

Here are related articles release by the Bangko Sentral ng Pilipinas and the Philippine Star News
http://www.bsp.gov.ph/publications/media.asp?id=2816

http://www.gmanetwork.com/news/story/249720/economy/moneyandbanking/bangko-sentral-green-lights-merger-of-3-mindanao-cooperative-banks

Our thanks to all who diligently prayed for the approval of the consolidation, as well as the people who did not waiver in putting their efforts: Mr Isagani B Daba and Former Senator Agapito "Butz" Aquino. The Managers of the 3 cooperative banks, Girly Dollera, Jeffrey Camerino, and Felino Ablat who provided provided data's for consolidation. To all the investors of the now approved CCB. Mabuhay Tayong Lahat!

The best is yet to come. As this approval gives us signal to be more proactive in the banking industry let us help each other move as we face the greater challenge ahead of us. We're not stopping on this approval.

For everybody's information the three (3) Coop banks shall hold its respective last Board meeting on March 23, 2012 at FICCO Davao Office.

The Joint General Assembly of the three (3) Cooperative banks shall be held on the next day March 24, 2012 at the CAP building in Davao.