History
In the early 1990s, a group of bank employees informally organized a savings and credit scheme commonly known as a “paluwagan.” This initiative reflected their shared need for financial support and mutual assistance. Recognizing the potential to formalize their efforts, the members decided to establish a cooperative founded on a unified purpose and common interests. This vision led to the organization of the Landbankers’ Credit Cooperative in March 1992.
The cooperative was officially registered and commenced operations on May 20, 1992, with 38 founding members, all of whom were regular employees of the Land Bank of the Philippines (LBP). This initial membership provided a strong and committed foundation for the cooperative’s development.
During its early years, the cooperative operated on a modest scale. It was managed on a part-time basis and began with an initial capital of PhP68,000.00, reflecting the limited financial resources available at the time. Despite these constraints, the cooperative remained focused on its core purpose.
As its name implies, the cooperative initially concentrated on providing credit services to its members. This offering directly addressed the most immediate and common financial need among them and served as the primary reason for its establishment.
The cooperative relied mainly on the paid-up share capital contributions of its members. Notwithstanding these limitations, it achieved steady growth through the active participation, commitment, and dedication of its founding members. This progress was further strengthened by the continued support and guidance of the Bank’s Management.
On March 20, 2003, the cooperative amended its Articles of Cooperation and By-Laws (ACBL) to expand its scope of services. This milestone marked its transition into the LANDBANKERS’ MULTI-PURPOSE COOPERATIVE (LANDBANKOOP), enabling it to diversify its operations and enhance service delivery.
As a multi-purpose cooperative, LANDBANKOOP expanded its services beyond credit provision to include the operation of a consumer store and the delivery of ancillary services such as insurance. These developments allowed the cooperative to better respond to the evolving needs of its members.
Today, LANDBANKOOP serves members nationwide, with operations spanning the entire Philippine archipelago. From its original 38 founding members, the cooperative has grown to over 2,000 members and has accumulated total assets nearing half a billion pesos—achieved without reliance on external borrowings or grants.
Vision
To be recognize as one of the leading cooperatives in the country, leveraging on member satisfaction, financial sustainability and inclusive growth.
Mission
LANDBANKOOP shall enhance member satisfaction, ensure financial sustainability, and drive inclusive growth by fostering a culture of excellence and integrity, efficiency, responsiveness and prudence, contributing to the socio-economic development of the community.
Core Values
Accountability
Sustainability
Professionalism
Integrity
Resilience
Excellence
Service to God and Community
Board of Directors CY 2026 – 2027
Atty. JOSE TROY A. ALMARIO
Chairperson
MILAGROSE P. MAGUIGAD
Vice-Chairperson
CLARISSA VJ. ANGELES
Board of Director
LAMELITA G. AQUINO
Board of Director
TERESITA SP. ARINGO
Board of Director
Atty. BIENVENIDO L. GARING JR.
Board of Director
AGUEDA ALVINA M. JARIOL
Board of Director
Management & Staff
