GLEDCO boasts of being the fastest growing Cooperative in Ilocos Norte. It garnered the Top Prize as the Cooperative of the Year awarded by the Cooperative Development Authority for 2007.

GLEDCO continues to cater to the needs of its members, mostly employees of the City Governmentn of Laoag, with its financial products in the form of loans of different types - salary, housing, car, buy-out, petty cash loan, etc. - and services such as e-loading, Bayad Center, Community Outreach, and many other partnerships with the City Government of Laoag. Plans are afoot in the revivification of the City Federation of Cooperatives and other business diversifications. GLEDCO also played a leading role in the reorganization of the City Cooperative Development Council which it presently chairs.

Its motto reflects the aspirations or an organization that recognizes its origins and true purpose: Panagkaykaysa, Panagserbi, Panagrang-ay - Unity in Service for Growth.

Minutes of the GLEDCO Mid-year General Assembly Held at the City Auditorium on July 26, 2008

Attendance Record: (see Declaration of Quorum, this Minutes)
Registration of Participants 12:30 p.m.
Program commenced 1:30 p.m.

 

CALL TO ORDER AND DECLARATION OF A QUORUM

The Secretary cited the specific provision in our By-Laws on what constitute a quorum wherein she stated that the attendance of 25% of the voting members is needed. Based on the attendance sheets, out of the 636 voting members, 478 had registered. Thus, the Secretary confirmed the presence of a quorum.

 

MESSAGE OF THE ACTING CITY MAYOR

Hon. Edward P. Domingo rendered a short message to the General Assembly (GA). He noted the big crowd in which he said is a manifestation of the members’ full cooperation and support to all the activities of the Cooperative. He recognized the efforts of all the Officers, the Management Staff and everybody for making the GLEDCO the most progressive Cooperative in Ilocos Norte and in Region I. In closing, he said that he will always give his full support to the Cooperative at GLAD SIYA AT ANG LAHAT DAHIL MAY GLEDCO!.

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Government of Laoag Employees Development Cooperative (GLEDCO)

Barangay 10 San Jose, City Hall, Laoag City 2900, Philippines