74 individuals came together for one purpose – to create a cooperative for the Church workers’ welfare. Abra Diocesan Teachers and Employees Credit Cooperative (ADTECCO) was established.
ADTECCO started its operation with a seed capital of Php 152, 361.59. The cooperative’s main operation focused on recruitment of members and pooling of resources for the needs of its members.
ADTECCO became a multi-purpose cooperative (ADTEMPCO) to cater to the growing needs of its members. As a multi-purpose coop, it offered consumers’ services such as the consumer store aside from its credit and savings services.
Engr. Irene B. Bringas took over the helm of ADTEMPCO as general manager. She introduced the orientation that a cooperative is a business undertaking and not for welfare or charity. This paved the way for the changes in the operations, from the number of personnel to take in the growing workload, the trainings and seminars attended to enhance service efficiency and the digitization of processes for faster transactions.
In a decision of the General Assembly, it liberalized ADTEMPCO from its purely Church-based membership to include any resident of Abra with visible means of income. However, membership applications must be approved by the Board of Directors.
ADTEMPCO finally built its first ever home, a four-storey building that housed its expanding business operations.
Opening of the first ADTEMPCO Coopmart in Bangued.
The ADTEMPCO Laundry Shop started its operation.
The Micro-finance Program went into full operation with the initial release of funds for its members who belong to the marginalized sectors of the community.
ADTEMPCO celebrated its 25th (Silver) Anniversary
Blessing and formal opening of the ADTEMPCO Lagangilang Credit Branch
Blessing and opening of the ADTEMPCO Meat Shop as an outlet for members poultry and hog products in which other members can readily avail.
Opening of the ADTEMPCO Manabo Credit Branch
Establishment of the Business Development Services (BDS) with the goal of enhancing the skills of the microfinance members through a wide range of activities that would help them become full-pledged entrepreneurs, advancing from the traditional way of doing business.
Opening of ADTEMPCO Manaoag Branch in Manaoag, Pangasinan. This is the first branch opened outside the province of Abra.
Opening of ADTEMPCO Urdaneta Credit Branch in Pangasinan.
Inauguration of the ADTEMPCO Head Office
Opening of the ADTEMPCO Petron Micro-filling Station, the very first gasoline station in Lagangilang Abra.
Opening of ADTEMPCO San Carlos Credit Branch in San Carlos City, Pangasinan.
Opening of ADTEMPCO Sallapadan Credit Branch
Opening of ADTEMPCO Baguio Credit Branch.
Blessing and opening of ADTEMPCO San Fernando Credit Branch in the province of La Union.
Opening of ADTEMPCO Villaviciosa Credit Branch.
ADTEMPCO became a billionaire cooperative.
The former Galicia Farm in Pidigan became Mt. Carmel Agri-tourism and Training Center Inc. under the stewardship of ADTEMPCO. MCATCI is a training school supported by TESDA that offers skills training on various competencies on agriculture, construction, hospitality and garment industry.
Opening of the Coopmart Penarrubia Branch and Dr. Pi Water Refilling Station.
Opening of ADTEMPCO Penarrubia Credit Branch
Opening of Cabanatuan Credit Branch in Nueva Ecija