Established in December 5, 1958 out of necessity to augment the employee’s income and keep them away from loan sharks. It was founded by 15 PLDT Employees and named the cooperative as “Free Telephone Workers Cooperative Credit Union (FTWCU)”. It was built from membership of 30 Employees with ₱ 500.00 Fixed Deposit and a ₱ 5,000.00 Loan from PLDT’s rank and file union.

The Fifteen (15) Philippine Long Distance Telephone Company (now PLDT Inc.), were

• Mr. Rafael Canseco
• Ricardo Padua
• Rafael Cortez
• Jesus Lorenzo
• Mabini Villadolid
• Juan Paguia
• Moises Urbiztondo
• Jose Reambillo
• Manuel Manapat
• Primitivo Viado
• Cesar Cartera
• Regino Ramirez
• Josefina Siaron
• Ciriaco Farolan
• Remedios Garcia (the only surviving incorporator)

Later, It was incorporated and named as PLDT Employees Credit Cooperative Association (PECCA)

1975

Our Cooperative was renamed as PLDT Employees Credit Cooperative, Inc. (PECCI)

1986

PECCI purchased a major portion of the 4th Floor, Universal-Re Building at Paseo de Roxas corner Perea Streets serve as its general office up to the present. This houses the operations of PECCI to better serve the needs of its members.

1986

By late 1990's, PLDT opened its membership to include regular employees of Subsidiaries and Affiliates.

Last November 8, 2022, CDA issued the approved RA 2020 Amendments to the PECCI Articles of Cooperation and By-Laws, thus, PLDT Employees Credit Cooperative is now PECCI Multipurpose Cooperative.