LAKAS-BAYANIHAN CREDIT COOPERATIVE: A BRIEF NARRATIVE
From Idea to Concept:
The Lakas-Bayanihan Credit Cooperative (LBCC) traces its roots from a very noble cause and idea as espoused by the Bayanihan spirit of the Filipinos, and the concepts and principles of the Republic Act 9520, s-2008, otherwise known as the Philippine Cooperative Code of 2008. A group of commissioned officers from the Armed Forces and Philippine National Police agreed to share their time and resources to come up with a core group to jumpstart a cooperative of which membership will be composed of officers, men, and women of the Armed Forces of the Philippines (AFP), Philippine National Police (PNP), Bureau of Fire Protection (BFP), Bureau of Jail Management and Penology (BJMP), and the Philippine Coast Guard (PCG). The process of establishing the LBCC began in earnest with the Cooperative Development Authority (CDA) delivering and supervising the conduct of the first LBCC Pre-Membership seminar in September of 2020.