CCMPC LEGACY
> 1991: Cebu City Medical Center (CCMC) Chief of Hospital Dr. Francisco Diy convinced Assistant Chief of Hospital for Administration Mrs. Bella Veloso to form a cooperative for the hospital employees’ interest and to serve the need for provision of meals and snacks of employees while on duty at the hospital.
20 employees contributed One Thousand Pesos (Php 20,000.00) each to start a c
ooperative canteen under Mrs. Veloso as canteen manager.
> In 1993: Cooperative went into lending services business with almost 300 hospital employees as cooperative members
> July 5, 1994: Cebu City Medical Center Employees Multi-Purpose Cooperative (CCMC-EMPC) registered under the Cooperative Development Authority (CDA) under Reg. CBU-1241
Authorized capital - P200,000
Subscribed capital – P 60,000
Paid-up capital -- P 15,000
Governed by 11 members of the Board of Directors. Closed-type cooperative exclusive for CCMC employees only.
> 1995: First One Million asset acquired by the cooperative
> 2002: Board of Directors trimmed down to 9
> January 13, 2003: Registration of the Amended Articles of Cooperation and By-Laws under CDA with Certificate of Registration No. Authorized share capital from P200,000 to P50 million
Subscribed share capital from P60,000 to P12,500,000
Paid-up capital from P15, 000 to P3, 218,500
May 6, 2005: Inauguration of the new CCMC-EMPC office inside the CCMC compound
> October 15, 2013: Destruction of the CCMC building and CCMC-EMPC office from the magnitude 7.2 Bohol earthquake
> December 2013: Transfer and Inauguration of the new CCMC-EMPC office at the College of Technological Sciences – Cebu building
> 2015: Change of CCMC-EMPC logo and corporate branding
> December 2016: The General Assembly approved the expansion and the change of the cooperative name to Cebu Community Multipurpose Cooperative. (CCMPC)
> March 2017: CCMPC business name and style registered under CDA
The Cebu Community Multipurpose Cooperative (CCMPC) that is committed, competent, and managed by effective and efficient members, officers and staff that uplift the quality of lives of all.
