KEEPING THE PACE

Matapos ang unang tatlong buwan ng taon, tayo ay nakapag-generate ng P32 milyon na Undivided Net Surplus. Ito ay mas mababa ng P3 milyon kung ikukumpara sa naging performance natin nuong 2021. Ang main reason ng pagbaba nito ay ang mas mataas na gastusin ngayong taon, most notably, yung ginastos natin sa ating Representative Assembly ("RA") nuong March 26. Kung inyong matatandaan, wala tayong RA nuong 2021, kaya mas mababa ang Administration Cost natin last year.

In terms of Revenue, kumita tayo ng P7 milyon more, ngayong 2022 compared nuong 2021. Ito ay bunga ng patuloy ninyong pagsuporta sa ating mga loan products and services.

REVENUE (KITA)

Ang "Interest from loans" ay ang pangunahing pinanggagalingan ng ating kinikita. Ito ay ang mga interes na ating nakokolekta, mula sa mga inutang ng ating mga miyembro.

Sa mga tumatangkilik ng ating mga pautang, saludo kami sa inyo, at sana'y patuloy ninyong suportahan ang ating mga programa at adhikain. Duon naman sa mga miyembro na hindi nangungutang, patuloy namin kayong hinihikayat na mag-participate sa ating mga loan offers para kayo ay makatulong sa ating pag-unlad.

Patuloy pa ring mababa ang interes na kinikita natin sa time deposit ng ating cash funds kumpara sa interes nuong bago mag pandemic. Bungad nito, patuloy tayong naghahanap ng magagandang investments at masaya naming ibabalita sa inyo, na meron na tayong additional investments na mas mataas ang interes at makakadagdag na ito sa ating revenue, moving forward.

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BONUS ADVANCE LOAN

• Open only to members employed under PLDT with credit rating A, B, and C
• 2% Service Fee
• Quick Approval upon completion of requirements
• Subject to member loan matrix

- Mid-year, 13th Month, and Christmas Bonus shall be 80% of basic monthly salary after deducting the 30% tax.

- Longevity shall be 80% of the longevity bonus after deducting the 30% tax.

(Click image to download Annual Report 2021)

Attention:

During the last Special Board Meeting held last April 4, 2022, The Board of Directors declared ALL appointed positions vacant after the expiration of term effective April 15, 2022.

All incumbent Officers and Committee shall continue in the exercise of their duties and responsibilities until their successors have been duly chosen and appointed.

In view of this, anyone interested to serve for any position or be part of any Committee is required to submit his/her individual Letter of Intent (LOI) via email addressed to (see below) and should indicate the 1st choice, 2nd or 3rd choice of the Position or Committee he/she is interested in.

board.directors@pecci.com.ph
secretary@pecci.com.ph
maristella.fajarda@pecci.com.ph
cj.hernandez@pecci.com.ph

No need to attach word file of the LOI, Email format is the preferred norm. Pls. submit your Letter of Intent (LOI) from April 16 - 27,2022.

Deadline for submission of LOI shall be on April 27, 2022 (CBH)

Thank you,

Board Secretary

TO: ALL PECCI MEMBERS

In the recently concluded 16th SB 2022-03 (02) Special Board Meeting held last March 31, 2022, the Board of Directors elected the following Officers of PLDT Employees Credit Cooperative (PECCI) effective April 1, 2022:

Current Vice-Chairperson Ethel A. Soriano was unanimously elected and named as Chairperson of the Board. Likewise, Board Member Ma. Isabelita C. Naig was elected as Vice-Chairperson of the Board and automatically becomes the Chairperson of the Education and Training Committee (EdCom).

We enjoin everyone to extend your usual support and cooperation to our new Chairperson and Vice-Chairperson and to our beloved cooperative as we soar to new heights over and beyond the pandemic.

Thank you very much!

PECCI Management

Dear PLDT Enterprise Group,

We would like to express our gratitude for the prompt installation of the temporary l-gate service subscribed by PECCI for its first ever online Annual Representative Assembly held on March 26, 2022 in spite of very short notice.

We appreciate the excellent service and support provided by the Relationship Manager for PECCI, Ms. Irene Silao and the Enterprise provisioning team who made sure that the connectivity was reliable and stable.

The event went on without a glitch in our connectivity that contributed to the success of our first online Representative's Assembly.

Thank you very much PLDT.

Cooperatively yours,

PECCI Management

during the 8th Regular Representative Assembly on March 26, 2022

SOARING TO NEW HEIGHTS OVER AND BEYOND THE PANDEMIC

BOARD OF DIRECTORS

L-R: Marv Kevin Santos, Robert Arevalo, Ethel Soriano, Sergs Navarra (outgoing Chairperson), Adelle Naig, Mike Dawis, Ferdie Villanueva, Dome Gonzaga (not in photo)

AUDIT COMMITTEE

L-R: Eduardo Lara, CJ Hernandez, Frank Fabella

ELECTION COMMITTEE

L-R: Rhonnel Santiago, Randy Cajoles, Jayber llar

The PECCI Board of Directors and Officers are proud to present the official PECCI Membership Handbook for all members of our cooperative.

We encourage you to read it to understand well the rights, responsibilities and obligations as members of PECCI.

Refresh your knowledge, learn the Mission, Vision and Principles of Cooperative.

Now available in PECCI Website.

(Click image to download handbook)

It has come to the Board's attention that on the final days leading to our Representative Assembly and election of Board of Directors and Officers, certain personalities are once again resorting to their tired and outdated tactic of spreading disinformation, manipulation and gaslighting to distract the Board from their sworn duties and to present a false narrative to PECCI members which leads our dear members to doubt their impression of the Board and instead become misled, disgruntled or distressed.

While the Board would ordinarily not dignify the anonymous complaints of cowards who hide and whom are not brave enough to use their real name/s and/or are hiding behind fictitious email addresses, we have resolved to nip these matters in the bud and discuss directly with the coop members, the unjust and untrue charges being hurled at the Board.

The allowances received by PECCI Board and Officers do not constitute any violation of the provisions of RA 9520 nor the PECCI By-laws. While it is true that PECCI's business was affected in 2020, primarily because of the "Bayanihan to Heal As One Act" (RA 11469) and the "Bayanihan to Recover ...
as One Act" (RA 11494) which effectively barred your cooperative from collecting members' obligations for almost six (6) months of 2020 and that inflation rate soared, primarily because the country's GDP contracted by 9.5% in 2020, the steepest post war decline in Philippine history (using available data going back to 1947).

Mindful of the extra-ordinary circumstances of 2020, initially your PECCI Board and Officers decided to work pro-bono but after a few months, in ex abundanti ad cautelam, sought guidance from the Cooperative Development Authority ("CDA") pertaining to the release of allowances and other grants for performance of Cooperative duties.

In response to said Petition for Declaratory Relief and interpreting our By-Law provisions, the CDA mindful of the debilitating effect of the pandemic on all Philippine cooperatives, expressly allowed PECCI to grant and disburse seventy (70%) percent of Board and Officers' regular allowances and grants.

This issue has also been thoroughly studied and vetted by your (elected) PECCI internal auditors, our external auditors, Isla Lipana, who have given an unqualified opinion for the third straight year and most tellingly by our regulator, the CDA, during its annual inspection wherein the Board was verbally congratulated for having a financially well-run cooperative.

Further, this has also been the subject of MedCon proceedings, wherein some misguided complainants sought to bring up non-mediatable matters, such as assailing the wisdom or jurisdiction of the CDA's Order favorably allowing PECCI to disburse a fraction of the Officers' regular allowances to the MedCon instead of the regular Courts of Law.

Truly, the proof of the pie is in the pudding, and what better way to prove these detractors wrong and dispel their unfounded and malicious allegations of corruption and misconduct, by releasing an unprecedented amount of P 136 million as dividends to all members last February 18, 2022. PECCI leadership has been tested, not once, not twice, but thrice and has passed with flying colors.

Finally, the Board has decided to act on these unwarranted and libelous emails and has sought the assistance of the PNP Anti-Cybercrime Group (ACG) and the NBI Cyber Crime Department (CCD) to ferret out the identity and authors of these malicious emails by securing preservation orders and tracking down the senders' internet protocol (IP) addresses in order to charge them criminally for online libel and administratively before the PECCI Ethics Committee for removal as undesirable members of the Cooperative.

The PECCI Board of Directors remain steadfast in its commitment to serve its members anchored on the core values of fairness, accountability, transparency, integrity and good governance.

BOARD OF DIRECTORS

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MRP LOAN Money for Retirement Plan

Get set for your life's next milestone with PECCI's MRP Loan - exclusive for PLDT HR approved MRP availers.

Minimum of two (2) months of basic salary up to maximum equal to 70% of separation pay after deducting the outsatnding balances of TELES, PECCI, TELEMCO and TAHANAN

• No Co-maker required
• Advance a portion of your MRP
• Quick Approval upon completion of requirements
• With 2% Service Fee

Requirements:

• Accomplished PLAF2019B (only 1 green form regardless of amount)
• Approved separation letter from PLDT HR
• Loan balances from TELES, TMBLA and TELEMCO.

To avail, download the form https://www.pecci.com.ph/forms.html and send accomplished form to customercare@pecci.com.ph

#PECCICares

In order to control the influx of cash deposits into our Cooperative and to implement a risk-based fund acceptance policy, your Board of Directors, in a meeting held on February 9, 2022, approved the following procedure on Large Deposits:

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TO : ALL PECCI MEMBERS

DATE : February 16, 2022

SUBJECT : MANAGEMENT ADVISORY

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Hello, Dear Members!

We are glad to announce that your Cooperative has generated an Undivided Net Surplus of P181.8 million, for the twelve months ended December 31, 2021. This is 10,543% higher that the Undivided Net Surplus last year.

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