Telescoop chronicle 2nd issue 2017

AUGUST 2017 ISSUE

www.telescoop.com.ph

DURING TELESCOOP 2017-18 OFFICERS INDUCTION RITES

CDA Director Lauds TELESCOOP’ s Commitments andAccomplishments

IN THIS ISSUE

TELESCOOP Celebrates its 41st Anniversary Page 3

Special Feature: Nonie I. Hernandez: Cooperative Warrior Pages 4 & 5 TELESCOOP Board of Directors and Officers are shown after being inducted into office by the Cooperative Development Authority Regional Director for Manila Extension Office, Ms. Nonie I. Hernandez, eighth from left, Guest Speaker and Inducting Officer during the Induction Ceremonies.

The TELESCOOP 2017-2018 newly-elected Officers were sworn into office during an Induction Ceremony held at Makati Sports Club in Salcedo Village, Makati City on June 30, 2017 with the Cooperative Development Authority (CDA) Regional Director for Manila Extension Office, Ms. Nonie I. Hernandez as the Inducting Officer and Guest of Honor.

Director Hernandez, in her remarks, congratulated the TELESCOOP Officers for their successful Representative Assembly last February 18, 2017, an occasion for direct interaction with members, which resulted to the re-election of incumbent Officers and election of new Officers.

She was pleased to note the results of the 2016 TELESCOOP operations which showed an uptrend in operation, impressive commitment to members, continuously providing services to members and sustainable earnings for the last few years.

She also pointed out the interlocking membership between the PLDT

Employees Credit Cooperative (PECCI) and TELESCOOP which both are sharing covering PLDT employees. The positive effect is PECCI and TELESCOOP complement each other anchored on “cooperation.” Along this line, she encouraged amicable settlement of the court case initiated by PECCI against TELESCOOP to reduce litigation expenses being incurred by both cooperatives regarding the PLDT Cooperatives Building which they co-own as proof of their compliance and adherence to one of the Cooperative Principle “Cooperation among Cooperatives.”

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House of Representatives Retains the Tax Exemptions of Cooperatives

After the concerted efforts and activities of cooperatives nationwide which TELESCOOP has consistently supported and participated, a proposed resolution filed at the House of Representatives (Congress) to remove the tax exemptions for cooperatives was successfully thwarted.

Thus, all tax exemptions currently enjoyed by all cooperatives and their respective members are retained.

The original version of the Tax Reform for Acceleration and Inclusion Act (TRAIN) under House Bill No. 4688 (sponsored by Rep. Joey Salceda) and House Bill No. 4774 (sponsored by Rep. Dakila Carlo Cua) was for the removal of the tax exemptions of cooperatives, senior To page 3, please

2 EdCom Accomplishments for First Half of 2017 EdCom conducted Pre Membership Seminars (PMS) for prospective TELESCOOP members and Membership Seminars (MS) for existing members for updates on TELESCOOP operations, which were attended by employees of PLDT Inc. and its Subsidiaries and Affiliates.

A total of 123 applications for membership were subsequently approved by the TELESCOOP Board of Directors.

Under its Social and Community Development Program, EdCom has started the search and prequalification of TELESCOOP’s recipients for 2017.

EdCom also coordinated with Training Providers for the conduct and completion of mandatory CDA training courses for Officers, Members and Employees, in compliance with the requirements of Republic Act 9520 and as part of TELESCOOP’s human resource development program.

Lastly, EdCom also facilitated the conduct of the 2017-2018 Annual TELESCOOP Strategic Planning Session attended by Officers and Staff on May 12-13, 2017 in Nasugbu, Batangas.

Above photos show some of the new TELESCOOP Members from different PLDT Subsidiaries and Affiliates, who completed Pre-Membership Seminars (PMS) and Membership Seminars (MS), with TELESCOOP Officers.

TELESCOOP Officers and Staff are shown during one of the 2017-2018 Strategic Planning presentations held in Nasugbu, Batangas.

TELESCOOP 2017-18 Strategic Planning Completed The TELESCOOP Officers and Employees jointly participated in the 2017-2018 TELESCOOP Strategic Planning held on May 12-13, 2017.

In the interest of coming up with concerted efforts and actions leading to the attainment of productive and effective results, the respective Operating Units through their Oversight Directors presented, discussed and finalized their one (1) year plans and programs together with their corresponding recommendations and corrective actions in order to address the gap on previous plans as well as present concerns.

Among other plans and programs, the following were given priority for implementation:

1. Increase Sales in 2017 by 10% through the following strategies: a. Encourage 1,489 non patronizing members to patronize TELESCOOP’s products and services. b. Launching of Anniversary Sales Promo and similar promos during special occasions. c. Intensify Tie-Ups with

At left, Vice-Chairperson Hector M. Profeta presents the 2013-2016 Actual Sales highlights while Strategic Planning participants listen intently. major Suppliers and accredit new Suppliers.

2. Maintain the competitiveness of TELESCOOP interest rates and service charges on loans.

3. Continuous issuance of Share Capital Certificates.

4. Continuous delivery/ distribution of issued Share Capital Certificates to members.

5. Continuous Premembership Seminars.

6. Continuous implementation of social and community development initiatives.

3 TELESCOOP Celebrates its 41st Anniversary

The 41st Anniversary of TELESCOOP was celebrated in simple ceremonies held last June 30, 2017 at the Makati Sports Club in Makati City, highlighted by a Holy Mass celebrated by Rev. Fr. Ramon Merino.

Among the highlights was the formal launching of the Anniversary Sales Promo scheduled from June 19 to July 14, 2017.

Service awards were also given to the following TELESCOOP Employees in recognition for their loyalty and dedication for the growth of TELESCOOP namely: 15 years - Armi C. Geneta, Reina

D. Layosa and Anthony P. Manzano; 30 years - Imelda P. Armada and Gilmar D. Marcelino; 35 years - Virginia B. Armada, Divinagracia M. Buenvenida, Ma. Theresa L. Ladaban and Naneta C. Margarejo.

In his closing remarks, Chairperson Marcos R. de Leon emphasized “There are challenges ahead such as the

reduction of membership due to MRP; we have implemented reduction of interest rates on Direct Selling and likewise working for the enhancement of customer experience.”

His parting words ended up with a quote from a famous author, Maya Angelu,: “People will forget what you said; People will forget what you did but People will never forget how you made them feel.”

TELESCOOP Officers and Staff attend the Holy Mass officiated by Rev. Fr. Ramon Merino

Service Awardees pose for posterity and proudly display their individual Plaque of Recognition: From left: Reina Layosa, Armi Geneta, Anthony Manzano, Gilmar Marcelino, Imelda Armada, Naneta Margarejo, Ma. Theresa Labadan, Divinagracia Buenvenida and Virginia Armada.

House of Representatives...

From page 1 citizens and disabled persons.

After series of spirited, strong protests and manifestations from the cooperative sector, anchored on the overriding effect of the removal of the tax exemptions

which threatens the viability of all cooperatives as practical vehicle for promoting self-sufficiency and economic growth, majority of Congressmen found merit on the retention of the tax exemptions of cooperatives.

As a consolidated House Bill No. 5636 and voted upon on May 31, 2017 with finality, the House of Representatives

retained the tax exemptions of cooperatives, senior citizens and disabled persons and overwhelmingly approved the Tax Reform Bill with 246 favorable votes against 9 unfavorable votes and 1 abstention.

While President Rodrigo Roa Duterte, in his State of the Nation Address (SONA)

Anniversary Sales Promo Yields P4.825M The Anniversary Sales Promo, participated by members from PLDT, SMART and other S&As, was successfully launched last June 19, 2017.

“Sales was very successful during the week of selling at four (4) TELESCOOP Sales Satellite locations at RCB, MGO, TelTEC and Sampaloc PLDT Inc. buildings,” according to Roberto R. de Guzman, Oversight Director for Sales and Marketing Support.

An overwhelming response was also experienced from members who made direct inquiries with the TELESCOOP Sales and Marketing office after receiving emails. Php4.825M worth of appliances were sold during the Promo period as against the same period last year amounting to Php 2.7M, or an increase of 79%.

“We were also able to gather valuable inputs and learning experiences as reference for our future sales programs”, De Guzman added. on July 24, 2017, appealed to the Senate to support and approve in full the Tax Reform Bill for purposes of eventually harnessing economic development, the cooperative sector and the cooperative movement are one in hoping that the Senate would likewise retain the tax exemptions of cooperatives.

4 Special Feature

Nonie I. Hernandez: Cooperative Warrior

The Cooperative Development Authority (CDA) is a regulatory agency for cooperatives in charge of registration, monitoring and supervision of cooperatives nationwide.

Ms. Nonie I. Hernandez is the CDA Regional Director for the Manila Extension Office (CDA-MEO) and concurrently acts as the Director of the CDA Interim Regulatory, Supervision and Examination Department, responsible for the crafting of the regulatory framework of the Authority, regulatory standards and examination procedures. A Certified Public Accountant by profession, her cooperative experience spans almost four decades.

We are featuring her in this issue in order for us to know one of the Key Officers of the CDA. She was also the Inducting Officer and Guest of Honor during the induction of the 2017-2018 TELESCOOP Officers. She was gracious enough to grant us an interview at her office in Quezon City in spite of her hectic schedule to reveal and open up to us her aspirations, personal or otherwise, and her take on the most important issues besetting the Cooperative Movement today.

What immediately comes to your mind if you were to tell us about yourself?

I can say I am hardworking and downto-earth sometimes temperamental because of stress and pressure of work. Actually, I am approachable and easy to get by my colleagues, employees and subordinates. So, I am just a simple guy. Perception lang ng iba na ako ay masungit although paminsan-minsan siguro lalo na kapag pressured.

What would you best remember growing up?

Growing up in a field kasi sa probinsiya ako lumaki. I grew up in a farm in a coconut producing area in Quezon with a closely knit family. Even in playing, it was always with my siblings. Naalala ko yung pag akyat ng puno nangunguha ng bayabas, star apple, sineguelas, mangga, at sampaloc. Pag langoy sa ilog. Hindi ka taga probinsya kung di mo naranasan ang lumangoy sa ilog at pumunta sa tabing dagat.

What are the things that would make you smile?

Kids readily make me smile lalo na yung mga anak ng mga tao ko. Sabi nga ng iba kapag nakakakita ka ng bata natatanggal ang pagod at kunsumisyon mo. So children is one and of course with friends and family.

What are your soft spots, or what would move you to tears?

Kung minsan di naman ako ang may problema but yung mga staff ko because of their problems which involve their families that would

“I do not know what charisma and what magic Cooperative Movement has as it keeps on drawing you to it like magnet.” easily move me to tears. Lalo na kapag may nagkakasakit .

Hindi kasi ako mahilig manuod na drama kaya hindi ko masabi na pag manunuod ako ng sine, iiyak ako.

How are you as a Daughter, Sister, Boss and a Public Servant?

As a daughter, I always believe that I am a very good daughter because I took care of my parents when they were still alive. I always adhere to their advices. As a sister, mapagbigay ako and I am somehow a spoiler to my younger siblings pero masunurin ako sa mga older brother and sister ko. I am the kontrapelo na lagi naka “what if?.” I do not readily conform, we have to argue and debate to convince me. As a boss, compassionate ako actually but they cannot readily see it. I maintain though a level or certain gap between a boss and a subordinate. I am perceived to be strict but actually I am just pushing them up to their limit and to drive them to exert effort. As a public servant, I am a dedicated worker so in work I expect the same. I always make sure decision we make, is for the good of everyone.

How many years are you now in government service?

If I am not mistaken, 41 or 40 years.

I started way back in 1978 and all of those years I worked with the cooperative sector. My first job was in a private Accounting Firm pero sandali lang ako dun then nag transfer na ako sa government. My mother was a public school elementary teacher and most of my cousins are also in government service so nasa lahi siguro yung (being a) public servant.

What is your typical day at home and in the office?

A typical day at home is sorting clothes for laundry, stocking up of the food stuff, pamamalengke. A little bit of cooking because that is one of my hobbies. Mostly gardening. I seldom watch TV and I watch cartoons to be entertained.

In the office, hectic. Sometimes puno yan ng

documents, specially during registration time because you have to review them. Nasabay pa sa aming automated registration so you really have to thoroughly evaluate them. Plus ang walang kasawa-sawang meetings. Aside from regular work of registration and communication ay marami yung meetings but most of the time it is conference with Legal.

How do you spend your leisure time and what are the countries have you been to?

My leisure time is spent in physical activities like walking. Madalang ako sa mall kasi napapagod ako pag maraming tao. When I was in my forties, ang leisure time ko was bowling and night outs to unwind. I am also fond of travelling, pera na lang ang kulang. I also like to go on nature tripping, mahilig ako sa coastline at mga modern day forest, small parks.

I’ve been to mostly Asian countries, one time pa lang sa Europe. Most memorable was my foreign travel following the path of Rizal covering twelve countries in fifteen days but it was a group tour sa Schengen countries. My bucket list includes going abroad on a religious pilgrimage.

ON THE COOPERATIVE MOVEMENT: What do you think are your greatest contributions to the Cooperative Movement?

In recent years, we came up with different standards, mostly in line of Accounting because that’s my profession. Our latest is the To page 5, please

5 From page 4

financial reporting framework for cooperatives which is being adapted today. Also the development of the standard chart of accounts for cooperatives. These are just some of my personal contributions for the movement.

Also, I am praying the time will come that the Cooperative Movement also becomes dominant in the economic field of our country. Actually, I still have a lot of ambitions for the sector and I feel I am running out of time. On the stability side particularly in educating cooperatives in terms of financial since that’s the crucial aspect in operation. The very essence of having good financial data because that would propel the growth of cooperatives. I think along the line of stabilizing the cooperative accounting system, I and my group have contributed a lot and that would be our legacy to the cooperative sector.

What were your greatest disappointments, or what would be those things you would have wanted to do but failed to do?

The fragmentation of the sector is one.

My aspirations that the time will come that all segments of the cooperative sector will work together as one. Napasok kasi masyado ng politika. In CDA as a government agency, your bosses are appointed and we cannot choose so I hope the time will come that people who will be appointed to run the office has really the great desire and dedication for the sector. That the leaders will really work for cooperatives and promote cooperativism as a way of life. That’s the aspirations I am longing for.

Did you have any preparations for your current position and previous positions held?

I did not aspire to become a Regional Director, my current position. When I joined the CDA I did not have any knowledge about cooperatives. I started as a Project Auditor in a financial firm which provides financial assistance to cooperatives. My appreciation at that time was cooperative is a business entity and not a social entity, it is not a dole out agency.

I know for a fact that cooperative is a business and should be run as a business to succeed.

I just kept on going up the ladder preparing myself education wise, experience wise, and I never stopped looking for things, doing my own research and enriching my profession which is in line with Accounting.

What is it in the Cooperative Movement that you’ve spent the prime or your career and life?

People. Cooperative is people. In dealing with people in all walks of life and the fulfillment it brings. I will not stay this long with the Cooperative Movement if I don’t love my job. Many say once you joined a cooperative you can never get out of it. I do not know what charisma and what magic Cooperative Movement has as it keeps on drawing you to it like magnet. You get a sense of fulfillment that you were able to help others through your work.

Helping cooperatives is a complete human development with educational component, business component and it has a capacity building built-in within them and a multiplier effect.

Do you think CDA has been a potent force for the Cooperative Movement to flourish or has lived up to the expectations it has been created for?

As of now? Kulang pa. CDA should have done more than what it is expected to do to empower and encourage pa lalo yung mga cooperatives. My personal assessment kulang pa. Somehow we are afraid to touch the water as we do not know how deep it is. Somehow we are afraid to go inside the forest because we do not know what we are going to see inside the forest. Alam ko marami pa ang magagawa ng CDA. My tall order to my colleagues is total commitment to the Cooperative Movement and set aside personal interest.

What is your take on the proposal to tax the cooperatives and remove their tax exemptions?

Maganda yung sinabi ni Senator Cynthia Villar in one Senate hearing. Why are you looking at the big cooperatives as if it only benefits few people? You should have looked into the membership of that cooperative and equate. Okay kumikita nga yan ng malaki pero ilan yung naghahati-hati? In essence, she said, you are just looking at the figure but you are not looking at the benefits. Actually, the cooperative sector lacks promotion and dissemination of what the cooperative is doing with its membership and with the community.

That is one of the components of the deep blue sea na takot tayong lusungin kasi hindi natin alam. Pero nasa atin lahat ang element. What is lacking is for the cooperative sector to open up. We are doing this not for our own good but because it is inherent in cooperative character.

This is a kind of promotion.

So, who do you think is the best person or a group to promote those things?

Sadly, our sector is so fragmented na napaka hirap may tumayong isa para sabihin eto ang cooperative sector. One thing I want to do within this year is one program. Every level of cooperative has different needs, different perspectives, different concerns. We have micro, we have small, medium and large. Yung mga centenarians, these are with hundred million assets meron and even beyond that.

What about the billionaires? Iba ang needs niyan, iba ang classification. So I am on the planning stage to get together the billionaire cooperatives because they have different needs kasi yan ang pwede nating panlaban sa malalaking kompanya. Because they have the resources so they can join forces. They can joint venture into one large or big activity like manufacturing.

How would tax exemptions affect the cooperatives, as a whole?

There are several levels of taxation.

Ang nasa batas naman natin with regards to tax the direct exemption is on income tax and that’s basic. The second is, indirect taxation and not an outright exemption kasi may cap yan at may condition, the Value Added Tax (VAT).

Sinabi lang na kung miyembro ang ka transact ng cooperative, exempted sya. Kapag hindi member, depende kung naabot na nya yung ten

million subject to VAT siya on transaction with non-member so may mga collatilla na ganun.

Actually maliit lang ang effect. The hardest part is maintenance of records kasi voluminous ang recording requirements ng BIR for VAT. Would you have any alternative in mind rather than taxing the cooperatives?

Basically, if you will interpret it in the practice of cooperative, it is not exempted. It is being taxed indirectly. We have mandatory statutory fund which is like a tax. Hindi na magagamit ng cooperative yun. Stability wise it is a reserved fund to answer for our losses.

Kung wala yun saan tayo tatakbo sa gobyerno?

Kaya nga walang PDIC ang cooperative because of that. We have education and training responsibility ng State to educate and to capacitate the people. Eh yung member ng cooperative, libre na ang government dun because we have CETF. So it is a form of tax.

Ang kaibahan lang ang kino kolekta ng BIR, it is the State which disposes it. Sa atin kaya nga mino-monitor na ngayon eh. So yun ang isang alternative natin.

If you will have a chance to personally talk to President Rodrigo Roa Duterte, what would you tell him or what would you ask him for?

Strengthen the CDA and support the Cooperative Movement. Make the cooperative as the mechanism to improve the Philippine economy. To improve the socio-economic commitment of the government. Kasi cooperative is the only way we can do that.

We cannot depend on corporations on their socio-corporate responsibility, barya lang iyon at may string pa iyon na kino-control nila. But with the cooperative it is not, it is the people that you are helping. So make the cooperative as the economic turbine that would propel the economy.

EDITORIAL STAFF What would life be after CDA? Would you Hector M. Profeta still go on private practice?

Chairperson GerardoIJose

Lagi kong sinasabi, wantV.toCastro turn into a farmer pero siyempre hindiMember ko tatalikuran ang cooperative sector. I think after CDA I will still C. Miranda continue to work with Ernesto the cooperative sector on Member my private capacity as consultant or mentor.

Froilan M.your Bautista What would you like to advise successor Member if you were to relinquish your position?

Jesus I. Loja

Love the Cooperative Member Movement because you will never go wrong if you love Gerardo C. Aguinaga this movement. Yung commitment lang sa Cooperative Movement Finance huwag Officer mo lang iwala yun hindi ka malilihis kasi eh. You’ll always be in the right path. Atty. Benjamin O. Dorosan Secretary to the Board

How would you like toRexie be remembered?

T. Padilla Secretary/Trainor

Simple lang akong tao. I just want to be remembered as Nonie, notS. even Roberto KalawDirector or what. Just plain Nonie who loved the Trainor Cooperative Movement very much.

Ike P. Arboleda

Managing Editor If you were to write your own epitaph, how would it be?

Anthony “Toto” Manzano Contributing Photographer

Nonie I. Hernandez, Cooperative Warrior.

6 Chairperson’s Corner

In behalf of the TELESCOOP Officership, I would like to convey our lasting wish for a happy, productive and successful retirement life for all those TELESCOOP members who availed of the recent PLDT Manpower Reduction Program (MRP). More particularly, we wish to express our profound gratitude and appreciation to the members who opted to continue their membership and entrusted to us their hard–earned retirement pay.

Rest assured of our commitment and obligation to safekeep and safeguard their personal funds while putting them into productive and beneficial use that would eventually redound to the best interest and welfare of the TELESCOOP general membership.

As a basic requirement in any organization and for that matter TELESCOOP, all members without exception are mandated to support by paying membership dues and fees and regularly patronize our products and services such as availing loans necessary for our sustained growth and continuous success. Without membership support, such organizations would surely fail.

With this thought in mind, I personally appeal to our non-patronizing members to adhere to their obligations to patronize the products and services of TELESCOOP by availing loans. The same personal appeal goes to our non-patronizing depositors to avail loans to promote mutual or symbiotic benefits for TELESCOOP for the income earned from loans.

We must support TELESCOOP to sustain its growth and existence for the next generations to come!!!

Thank you,

MARCOS R. DE LEON, TELESCOOP Chairperson

WELCOME TO THE TELESCOOP FAMILY!

Here are the new members of TELESCOOP from January to June, 2017 and we warmly welcome them all to the TELESCOOP Family. They are: ABAO, FRANCIS C. ABDUA, AL RASHID O. ABELLA, RENE JR. I ABRENA, ELLEN GRACE V. ABRIO, DANICA S. ADA, ADRIAN OLMEDILLO ADRIANO, ANNA CARMELA T. AGAPAY, MARK MICHAEL L. AGURA, ROTI C. ALAAN, ELINOR MARI L. ALMENDAREZ, CARL LOUISE S. ANDRES, DIANA JANE C. AQUINO, JOHN PATRICK S. ARELLANO, MARISTEL F. ARSUA, AENA CAMILLE M. ASTUDILLO, BENJIE C. BARGAS, EUGENE PHILIP R. BASINILLO, JULIUS ERIC G. BERROYA, MA. BEATRIZ B. BRAGAT, AILEEN MARY F. BRAVO, GIEROBE P. BUGNOT, ANN LOU RIZA M. BUSTAMANTE, JOHN CARLO D. CALIT, JEZIL E. CALUGAY, MICHAEL M. CAMAYANG, JAY-R M. CAPINPIN, CARL JEFFERSON T.

CORDOVEZ, DAISY A. DALIVA, JHOANA MARIE C. DAYSON, NIELSON B. DE DUQUE, KATHERINE N. DE GOMA, MARIA LUISA L. DE GUZMAN, ALEXIS Q. DE LOS SANTOS, STEVEN O. DE MATTA, EILEEN A. DELA CRUZ, VERONICA M. DELA CRUZ, KATHLEEN ANNE C. DEREQUITO, KEIL N. DIANELA, LEONARD B. DIZON, JOHN JAY B. DOLENDO, ROZELLE E. ENDRACA, JOSE RONALD M. ESCUETA, ERIALET THELMA M. FIGUEROA, ROCHELLE M. FLANDEZ, ROMMEL M. FLORES, RELLAH BELLE L. FRAGATA, ROMELIA G. GALDONEZ, DANNAH RUTH O. GARCIA, JEROME FLOREN V. GARCIA, SALATHIEL JR. S. GAZA, MARY GRACE A. GOCH, MARK ANTHONY R. GONZALES, DANIVIE R. GRANA, BOB C.

GUANGCO, SIR ROMULUS P. GUILLERMO, CHARRY MAY L. GUTIERREZ, JACQUES DEAN JR. O. HAO, EMELYN M. HERRERA, CHARMAGNE P. HULGADO, ALONA C. IBAY, VICTOR S. IGNACIO, JOSEPH RONALDO D. JALAMANAN, TIJAY M. JAVAR, REALIZA G. JINANG, DAVE JEMUEL P. LACONSAY, SHERWIN O. LACSINA, DANICA G. LAMBAN, NICANOR JR. T. LAO, ROSALIE A. LASCO, MARLON O. LEGASPI, FERNAN M. LINAY, JHON ANTHONY P. MAGNAYE, JHOMAR ANTHONY P. MANGAHAS, AIDA S. MANZON, ANNABELLE D. MATEO, MAJORSON Q. MENDOZA, CRISTOPHER C. MIRANDA, EMIL FRANZ S. MISSION, JAMES KARLO S. MOLDEZ, JED L. MONDEZ, LORIEN L.

MONFERO, GENE RUPERT M. MONTON, ALFREDO N. MONTOYA, RUBY S. NACPIL, JUNNA A. NARCA, ISABELO JOSE PAOLO G. NOBLEZA, VIRGINIA M. OCENAR, LEA A. OMIPON, KELVEEN C. OREÑA, ROUMELLA A. PANCHO, LUISITO II P. PAPA, PAUL PETER II G. PAPALID, AMIEL P. PASCUAL, AMELITA P. PELLAZAR, JOHN ERVIN G. PEÑALOSA, JERRYVIC P. PICSON, LEO T. PLACIDO, ALEXANDER GADIEL V. PLAZA, JESSICA ANNE PRIELA, LLOYD PAULO D. RAMOS, DALE M. REMOLAR, ANTONIETO V. RIOS, ALEX AARON A. RONGAVILLA, IMELDA JOY B. SACAY, BRENDA MAE D. SALVATERA, ARIEL JHAN M.

To page 7, please

7 IMPORTANT REMINDER FROM THE CHAIRPERSON August 8, 2017 TO

: ALL TELESCOOP MEMBERS

FROM

: Chairperson

SUBJECT

: IMPORTANT REMINDER

As part of our internal control system, please be reminded of the following TELESCOOP existing payment facilities which may be availed of by our transacting members as follows: 1. Over-the counter payment at TELESCOOP Office at 5th Floor, PLDT Cooperatives Building, 4718 Eduque St., Poblacion, Makati Avenue, Makati City. Payment received in cash or dated check will be appropriately issued with BIR registered Official Receipt. In case of post-dated check payment, BIR registered Official Receipt will be issued upon deposit and bank clearance of the post-dated check.

2. Bank deposit thru BDO-Perea Branch Savings Account No.539-000-2149 and Fax to Tel. No. 890-0917 the supporting deposit receipt with information details of your complete name. Payment received will be appropriately issued with BIR registered Official Receipt upon receipt of the faxed copy of the supporting deposit receipt and original copy of the issued Official Receipt shall be correspondingly mailed to the paying member at his/her TELESCOOP registered address.

Any payment made or coursed thru other medium other than the above-indicated TELESCOOP existing payment facilities shall not be honored by TELESCOOP.

For your information and guidance.

MARCOS R. DE LEON TELESCOOP Chairperson CDA Director Lauds ...

From page 1

She mentioned, for the first time, that the CDA is planning of grouping “Billionaire Cooperatives” leading to a Federation of Billionaire Cooperatives with Assets of 1 Billion to ₱ 20 Billion.

Lastly, as part of a cooperative’s social responsibility, she encouraged TELESCOOP to support the entrepreneurial activities Welcome to the...

From page 6 SANCHEZ, BRUCE LEE P. SANTIAGO, ARMEE D. SERILO, SHEENA S. SEVILLA, JOHN ROQUE M. TADUYO, SHELLA C.

of communities. She also appealed for TELESCOOP’s support and participation in a CDA Advocacy for the preservation and enhancement of cultural heritage, particularly on the rice being planted by indigenous tribes in far flung mountains of Mindanao where the DENR and DOST are involved and sanctioned by the United Nations.

Hector M. Profeta (and as Vice-Chairperson), Alexander C. Banag, Froilan M. Bautista, Gerardo Jose V. Castro, Roberto R. De Guzman, Silverio S. Ibay, Jr., Ernesto C. Miranda and Emiliano R. Tanchico.

Inducted Board of Directors were: Marcos R. De Leon (and as Chairperson),

The Audit Committee new set of Officers are: Gerardo C. Aguinaga (Chairperson), Rodolfo E. Manzanares, Jr. (Vice-Chairperson), Roderick Ramon F. Santos (Secretary), Noel A. Fulgencio and Jonathan R. Mallare (as Members).

TAROQUIN, EMMANUEL JR. C. TASSIAT, FRANCIS RUELO D. TENORIO, RAMIL G. TEVES, SHERILYN M. TOLENTINO, JOHN CARLO T. TUAZON, MA. MONICA S.

TUIZA, DAN ALBERT L. TULIAO, BERNADETTE L. TUNGPALAN, KAYSEN CARL C. VARGAS, CHRISTOPHER C. VELASCO, MIGUEL ANGELO S. VILLANUEVA, EDGAR T.

EDITORIAL STAFF Hector M. Profeta Chairperson Rexie T. Padilla Secretary Rodolfo E. Manzanares, Jr. Finance Officer Members Alexander C. Banag Froilan M. Bautista Gerardo Jose V. Castro Ernesto C. Miranda Atty. Benjamin O. Dorosan Jaime A. Joaquin Roberto S. Kalaw Jesus I. Loja Ike P. Arboleda Managing Editor

8 Do you have access to your TELESCOOP account online? Here’s how!

There are two ways to access your TELESCOOP account, via website or through mobile app.

All members can visit our website to know more about the products and services that TELESCOOP is offering to its members.

Members can view their TELESCOOP accounts (Subsidiary Ledger) and can check the balances of outstanding loans, share capital, and status of applied loan from time to time.

For website registration: Step #1 : Call up TELESCOOP Customer Service hotline at 890-0409 and know your TELESCOOP MEMBER ID” (six digit number) Step #2 : Go to www.telescoop.com.ph

Members can also monitor their savings account. Member’s profile is also viewable in the website, so that any changes in status, beneficiaries, etc. can be relayed to TELESCOOP office for proper updating.

Should you still have no access to our website or mobile app, please consider the following steps:

For mobile app registration: Step #1 : Call up TELESCOOP Customer Service hotline at 890-0409 and know your TELESCOOP MEMBER ID” (six digit number)

Step #3 : On the right side of the page is the Member’s Login, click the “Create new account”

Step #2 : Open the App Store or Play Store mobile device Step #3 : On search box, type TELESCOOP Step #4 : Tap the Install or Get button to install the app

Step #4 : Key in the following: o TELESCOOP Member ID (6 digit number) o Employee No. (either old ID No or SAP ID) o Birthdate (format: month, year, day)

Step #5 : On your Home screen, the TELESCOOP icon will appear. Tap this icon to start the TELESCOOP mobile app.

Step #6 : follow step#4 of web registration.

Note: Registration will need approval by the Administrator.

Once approved, an email notification will be sent to you.

o Mobile No. (Last 9 digits or if CP# is not available, key in 9 zeros “0”) o Type your preferred online Username