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SAMULCO brings home a Slice of Bacon

Just as the Aurora Borealis lights up the sky with brilliant displays of natural energy and beauty, SAMULCO’s achievements during the first Aurora Awards & Gala Night reflect its shining excellence in cooperative performance. Held on October 5, 2024, at the City of Dreams, Parañaque City, the awards recognized cooperatives who are members of National Confederation of Cooperatives (NATCCO Network) that demonstrated professionalism, sound operations, and significant growth.

Alongside other cooperatives in the country demonstrating exemplary performance, SAMULCO was one of the recipients of several notable awards, which were personally received by the Vice Chairperson of the Board, Director Cynthia A. Lisondra, CPA, Director Bonifacio O. Hofileña, MD, and joined by Chief Operating Officer, Ms. Mel Joy B. Salazar.

SAMULCO was honored in both financial and non-financial categories. In the financial category, it received the APPEAL Rating Achievement Award, Solvency Achievement Award, and Full Provision for Loan Losses Award. The Services Patron Award was presented in the non-financial category, each symbolizing SAMULCO's steadfast commitment to stability, financial integrity, and exceptional service to its members. These accolades mirror Aurora’s glow and represent SAMULCO’s impact on the cooperative movement.

The Aurora Awards reflect the collective effort of cooperatives to shine among the best in the country. SAMULCO’s achievements exemplify the trust it has earned by consistently delivering excellent products and services, protecting members’ interests, and maintaining high operational standards in alignment set by the NATCCO Federation.

As SAMULCO moves forward, it remains dedicated to providing quality products and services while enhancing its programs to better serve its members and community. By prioritizing innovation and placing members at the heart of its initiatives, SAMULCO aims to enhance the cooperative experience and support sustainable growth. In doing so, it reinforces its vital role in the cooperative movement, ensuring a positive and lasting impact for all those it serves.