"Truly Serves for 25 years of Dedicated Banking Service and Onwards"
One of the objectives of the primary cooperatives in Quezon Province is to put up a bank that will answer to the financial needs of the cooperatives amd their members, a bank that will provide the support funds needed to put up livelihood projects that will not only provide employment but also uplift the poor from the poverty and for them to be able to cope with the day-today existence.
This noble endeavor came to life after a series of consultation meetings with top brass persons knowlegable in bangking. spearheading the Ad Hoc Committee in creation of the Coopbnak was Dr.Severino Vergara, Area Manager of Land Bank of the Philippines for Region IV with the assistance of Mr.Lope Ibarrola, Executive Director of the Quezon Federation & Union of Cooperativs to put up One Million Two Hundred Fifty Thousand Pesos (P1,250,000.00), the capital requirement of the Centra Bank of the Philippines to operate a bank.
The first twenty (20) cooperative members of hte Coopbank of Quezon Province were as follows: Ating Kooperative, Inc. - Tagkawayan, Quezon; San Luis Development - Lucban, Quezon; Mt. Carmel Development Cooperative, Inc. - Lucena City, Quezon Federation & Union of Cooperatives, Inc, - Lucena City; Farmers Multi-Purpose Cooperative of Sampaloc - Sampalocm Quezon; St. Jude Multi- Purpose Cooperative, Inc - Lucena City; Lutucan Multi-Purpose Cooperative - Lutucan, Sariaya, Quezon; St. Peter the Apostle Development Cooperatives, Inc, - Mulanay, Quezon; Ajos Multi-Purpose Cooperative, Catanauan, Quezon; Banal na Krus Credit Cooperative - Quezon, Quezon; Lucena Kilusang Bayan for Credit, Inc - Lucena City; Lucban Federation of Farmers Association Multi- Purpose Cooperative - Lucban, Quezon; St.Therese Credit Cooperative - Lucena City; Lopez Quezon Credit Cooperative - Lopez Quezon; Kilusang Bayan Pampananalapi ng Sariaya - Sariaya, Quezon; San Andres Farmers Development Cooperative - San Andres, Quezon; and Magalang Tulo-Tulo
