Western Philippines University

CREDIT COOPERATIVE

San Juan, Aborlan, Palawan

 

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Brief History

                    THE PNAC Cooperative Credit Union, Inc. was initially organized by 16 core and chartered members on June 1970.

                     The PNACCCUI attained its legal personality on April 12, 1972 with the Cooperative Administration Office (CAO). It was again Registered on May 30, 1975 under PD 175 with the Bureau of Cooperative Development (BCOD).

                   On January 22, 1990, its registration was confirmed by Cooperative Development Authority (CDA). From 16 core members and 150,000.00 capitalization, the PNACCCUI now the WPU Credit Cooperative has more than 1,900 Members with an asset of more than 100 million pesos. It stands as one of the oldest, biggest and most stable cooperative in the Province of Palawan.

 

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