Company Background

The Company XYZ is a non-stock financial institution incorporated on 13 June 1956. Its primary purpose is to uplift the welfare and well being of its members who belong or are attached to the !rmed "orces of the #hilippines $!"#% and the #hilippine &ational #olice $#&#% by pro'iding accessible and affordable credit for their social and economic needs. From a small association that operated similar to a paluwagan $mutual relief fund) with a humble initial capitalization of P5,000.00 contributed b its !00 original members from the "!0 th Company XYZ who grouped themsel'es to cope up with the rising costs of li'ing and at the same time counter the proliferation of loan sharks then in the community !()*+!I has transformed into one of the most respected most progressi'e and most stable financial institutions in the #hilippines.

VISION-MISSION Our Vision:

To be the number one sa#ings and loan association in the countr , b embar$ing on a corporate transformation mar$ed b a highl responsible management, d namic products and technological inno#ations and total customer satisfaction.

Our Mission:
To pro#ide financial ser#ices with the highest degree of reliabilit and integrit to satisf our members% needs and assure them of a fair and e&uitable return on their sa#ings. 'ognizant of our role in the economic welfare of our members in this societ , we are committed to underta$e rele#ant changes and adopt cutting(edge technolog that will impro#e our products and ser#ices.

Core Values:
Integrity and ,onor !bo'e !ll ) *e shall conduct our business with the highest le#el of integrit and moral standards. *er'ice -ommitment ) +ur competent, professional and dedicated emplo ees are focused on the deli#er of e,cellent ser#ice at all times. Inno'ati'e +eadership ) *e encourage a culture of inno#ation where new and appropriate technolog are harnessed to impro#e our ser#ices. .esponsibility and !ccountability ) *e strictl adhere to the norms of good go#ernance and accountabilit in the management of our members% funds. /eamwork ) *e belie#e that in unit , there is strength. +oyalty ) *e abide to the principle that lo alt spells the stabilit of the -ssociation%s foundation.

CORPORATE TIMELINE (HISTORY

THE BIRTH O! THE ASSOCIATION "#$% +n June 13th of this ear, the "!0th Company &Y', was established b the officers, enlisted personnel and ci#ilian emplo ees of the 410th Company &Y' at .ichols -ir Force Field /now 0illamor -ir 1ase) in Pasa 'it with a humble initial capitalization of P5,000 00 from its !00 original members. The newl formed -ssociation, housed in a cubicle ad2acent to "!3 th -ir 4ateriel *ing Finance +ffice operated li$e an e,panded !palu"a#an$ and mutual %un& relie% system. 5ts main goal was to help its members cope with the rising costs of li#ing and at the same time combat the proliferation of loan shar$s in the communit . -t the onset, its membership was limited onl to the organic personnel of the "!0th Company &Y'. LICENSE TO OPERATE AS A NON-STOC( SAVIN)S AN* LOAN ASSOCIATION +PON ENACTMENT O! RA ,--# "#%, Company &Y' began pro#iding its lending ser#ices to the other units of the -ir Force personnel outside "!0th 4* e,panding o#er to "60th 7* and "!3Th T78. 5n no less than three ears, Company &Y' achie#ed the status of being $nown as one of the first fi#e associations in the Philippines granted b the 'entral 1an$ of the Philippines /'1P) the license to operate as a non( stoc$ sa#ings and loan association upon enactment of 9epublic -ct :;;3, also $nown as the 7a#ings and <oan -ssociation -ct of !3=:. 5n that same ear, -4*7<- dropped "!0 th from its corporate name and used Company &Y', -uthorized b the 'entral 1an$ of the Philippines. 's one o% the Ori#inal (oun&in# Mem)er o% the Philippine *ea#ue o% +a,in#s an& *oan 'sso-iations .P*+*'/ "#%$ Company &Y', pla ing the lead role among non(stoc$ sa#ings and loan associations /.77<-s) in the countr , became one of the original founding members of the Philippine <eague of 7a#ings and <oan -ssociations /P<7<-). P<7<- later e#ol#ed and became the 'onfederation of .on(7toc$ 7a#ings and <oan -ssociations /'+.7<-), the umbrella organization of .77<-s in the Philippines.

"#%% The -ssociation added 5nc /5ncorporated) to its name and officiall became -4*7<-5. +n this ear, Company &Y' started its operations P-F(wide, ma$ing its financial ser#ices a#ailable to all organic personnel of the Philippine -ir Force in the different regions of the countr .

"#-, Company &Y' mo#ed to a building at the corner of " th and 4anlunas 7treets at the -irmen%s 0illage, also in Pasa 'it , its first official business address outside the -ir Force base in .ichols Field. 01tension o% its Corporate *i%e %or 'nother 30 years "#-% -fter twent /60) ears of industr , dedicated ser#ice and commitment to the P-F communit , Company &Y' was granted b the 1ang$o 7entral ng Pilipinas /formerl 'entral 1an$ of the Philippines), an e,tension of its corporate life for another :0 ears. Company &Y' continued to pla its role as dependable partner and pro#ider of financial assistance in times of dire necessities of Philippine -ir Force families. The -ssociation addressed the financial necessities of its members such as school supplies, tuition fees, pa ment of medical bills, electricit , water, telephone and miscellaneous household bills> costs related to weddings, birthda s, celebrations of birthda s, anni#ersaries, e#en funeral e,pense. 5t also ensured that the fruits of its successful operations were shared to its members, in the form of di#idends, was granted to its depositors semi(annuall . 5n both forms of financial assistance, -4*7<-5 pro#ed its e,cellence. (irst 2++*' that implemente& the Cre&it *i%e 3nsuran-e +ystem "#." Company &Y', true to its a#owed mission of being a good pro#ider gained recognition as the First non(stoc$ sa#ings and loan association that implemented the s stem of credit life insurance to its members. The program sought to relie#e the famil of deceased borrower( members the burden of unpaid obligations. "#.. This ear is considered the finest ear of Company &Y'. 5t was during this ear that the -ssociation e,perienced unparalleled, remar$able growth and astounding prosperit spanning the ne,t decade that followed. -t the forefront, Company &Y' with its 6",000(strong membership and P?? million financial resources, became one of the largest sa#ings and loan association in the countr @

'utomatin# the 4i,i&en& 4istri)ution +ystem "#.#

Company &Y' started automating its di#idend distribution s stem, an initial $ic$off to an o#erall campaign designed to impro#e customer ser#ice aimed at pro#iding comforts and con#enience to its massi#el growing members. 5n the succeeding ears, Company &Y' embar$ed on a wider scale of technological impro#ements focused on its main line of operations, loan processing, records and archi#es, collection and accounts management and all the other areas of operation were soon electronicall processed. +tart o% 01pansion "##, Aue to insistent demands, Company &Y' opened its membership and ser#ices to the different branches of ser#ice of the -rmed Forces and opened the first -4*7<-5 branch office outside 0illamor -ir 1ase in Pasa 'it ( the Company &Y' Bamboanga office located strategicall inside the Cdwin -ndrews -ir Force 1ase /C--1) in Bamboanga 'it , in 4indanao.

5ittin# the P1 6illion in 7otal 8esour-es "##$ Company &Y', still e,periencing rapid, unabated and unprecedented growth as shown in its financial indicators, reached more than P! billion in aggregate resources. 4embership and financial statistics continued to grow amidst continuous re&uests thus, financial ser#ices were li$ewise e,tended to the ci#ilian, uniformed and non(uniformed personnel of the Philippine .ational Police nationwide. 0na-tment o% 8' 93:;, 'men&in# 8' 3;;< "##Company &Y', now full recognized as one of the industr leaders, lobbied successfull in 'ongress for the enactment of 9epublic -ct ?:=;, amending 9- :;;3 that go#erns the establishment and operations of non(stoc$ sa#ings and loan industr under the new and modern light. 5t see$s to e,pand de#elopment opportunities among non(stoc$ sa#ings and loan associations. 5n pla ing a #er significant role in the enactment of 9- ?:=;, -4*7<-5 succeeded in protecting the salar deduction scheme of .77<- member institutions. Auring this ear, the 1ang$o 7entral ng Pilipinas appro#ed and granted Company &Y' the authorit to operate simultaneousl eight new branch offices nationwide. These offices were located in 'amp -guinaldo, 'ebu, Aa#ao, <ipa, <egazpi, Puerto Princesa, Tarlac and Tacloban. -4*7<-5 then started to deli#er its much sought after financial ser#ices to bigger, much wider geographical mar$ets in camps and stations, -FP and P.P wide bringing assistance to where their personnel were located.

Mo,in# to the 5eart o% the *en&in# Operations in Camp '#uinal&o an& Camp Crame "##.

Company &Y', after ac&uiring and registering ownership of a propert located at the corner of 1oni 7errano and !?th -#enues in 4urph , 'ubao, Duezon 'it mo#ed its central operations from Pasa 'it to Duezon 'it , now ma$ing its presence strongl felt at the heart of the lending acti#ities in 'amp -guinaldo and 'amp 'rame. The -ssociation, gaining ad#antage in locations strategicall launched new products line(upE 1awat 4i embro Prote$tado /14P), 4ega 7a#ings, 4utual 1enefit Fund /41F) and 1awat 4i embro 4il onar o /144) programs. These new products and ser#ices began documenting records of successes in the ears that followed. /00" 5n line with its e,pansion program to reach out to its members across pro#inces, regions and islands and in #arious strategic locations in the countr , the -ssociation sought and was granted b the 17P the authorit Flicense to operate simultaneousl additional branch offices nationwide.

/00/ Company &Y' inaugurated two more buildings built o#er newl ac&uired and owned properties. +ne was in 'abanatuan, .ue#a Cci2a in 9egion 555 and the other one was in 'ebu 'it in the 'entral 0isa as region. 's +a,in#s an& *oan 'sso-iation o% the Year /00, Company &Y', now recognized as the most reliable and outstanding institution in the industr , was awarded the 7a#ings and <oan -ssociation of the Gear. The -ssociation was awarded !st Place in the -sset Htilization Cfficienc and in the .et Profit to -#erage .et *orth categories b the 'onfederation of .on(7toc$ 7a#ings and <oan -ssociation /'+.7<-). 5t was interesting to note that on this same ear, -4*7<-5 had onl recentl launched another series of inno#ati#e programs considered firsts among their $inds in the industr . These programsE 1awat 4i embro 4a 9egalo /149), t,t -4*7<-5 and -4*7<-5 7er#ice Iotlines achie#ed unparalleled and incomparable status in their own right.

'"ar&e& the 2o 1 (inan-ial 3nstitution o% the Year /00$ 5n recognition of its almost fift /50) ears of financial growth and unabated successes at introducing inno#ati#e ser#ices and e,ceptional product lines, Company &Y' was awarded the .o. ! Financial 5nstitution of the Gear b the 5 th 7hopper%s 'hoice -wards 'ommittee.

=ol&en Year

/00% -t the helm of a new era, Company &Y' celebrated its golden ear anni#ersar . Auring this memorable ear, the 7ecurities and C,change 'ommission /7C') appro#ed the amendment of its b (laws and the 1ang$o 7entral ng Pilipinas appro#ed, effecti#e on June !:, 600=, the e,tension of -4*7<-5%s corporate life for another 50 ears. /00. Company &Y', now being loo$ed upon in the .77<- industr for its leadership and technological inno#ation in the face of intensif ing economic uncertainties, continued to charter its path to e,cellence. The -ssociation embar$ed on a corporate transformation anchored on d namic products and e,cellent financial ser#ices pro#iding incomparable customer ser#ices in pursuit of its #ision to become the K! 7<-5 in the Philippines. 's lea&er o% CO2+*'

/0"0 This is a ear that would be remembered as one of Company &Y'12 best ears. -midst the economic challenges in 60!0, Company &Y' has pla ed a significant part in the reco#er of the countr %s economic downturn. Through the #arious programs it has implemented, Company &Y' has greatl impro#ed the economic condition of its members particularl through self(help pro2ects and micro entrepreneurship underta$ings. These were achie#ed through eas loan a#ailment procedures and affordable repa ment schemes. Iighlights of 60!0 include significant growth in total resources to P 66."!1 and Company &Y'%s posting its all(time high net income of P 6.:! 1 in its entire e,istence. The continuous growth in membership and loan production manifested greater trust, confidence and patronage to the association with the number of members increasing to 60",000 b ear(end. Carnings were shared to members #ia di#idends of =.5L in Februar 60!0 and -ugust 60!0. Company &Y' ta$es pride in ha#ing ser#ed its members during those crucial times.

/0"" 5n 60!!, Company &Y' continues its path of e,ceptional performance that was initiated in 6005 bringing the -ssociation closer to the realization of its #ision to become the K! 7<-5 in the whole .77<industr . *ith the continued trust, patronage and support of its members, Company &Y' is now one of the most respected, most progressi#e, and most stable financial institutions in the Philippines. -s of :! +ctober 60!!, Company &Y'%s Total -ssets has grown to P6".? 1, posting a remar$able growth of P !.35 1 or 3L from 60!0, a le#el that is comparable or e#en higher than those of the commercial ban$s. .et 5ncome earned b the -ssociation for the first ten /!0) months of 60!! has reached P6.:1 and as ear closes, Company &Y' pro2ects to hit P6.5 1 in .et 5ncome for the whole ear, which is P600 4 higher as compared with its .et 5ncome of P6.: 1 in 60!0.

The Company &Y' famil continues to e,pand as there are now close to 660,000 members with Total 'apital 'ontributions and Aeposits of P!3.; 1 and P :."1. -s compared to 60!0, these le#els posted unprecedented growth rates of 3L and 63L, respecti#el . Product inno#ation and e,cellent customer ser#ice are also ma2or cornerstones of 60!! achie#ements. Company &Y' is constantl inno#ating its #arious program and product offerings to $eep them attuned to the needs, preference, and goals and focused on the upliftment of the economic welfare of its members. Company &Y' continues to upgrade its ser#ice deli#er channels b rationalizing its branch networ$ and upgrading its 5nformation Technolog s stem. The -ssociation now has 60 branches and 5: liaison offices and ser#ice des$s in strategic locations ensuring deli#er of its products and ser#ices at the utmost con#enience and safet of its members. 'omplemented with the #aluable support of its 7er#ice 4anager 9epresentati#es, Company &Y' is proud to that it now reaches its members where#er the ma be located.

HONORS AN* RECO)NITION

OPERATIONAL A3AR*S O! E&CELLENCE /0"/ /nd Runn5r-up *594 +48:8<a48on and S4a98:84y Ca45gory ()roup A 9ecei#ed during the 66nd .ational 'on#ention of the 'onfederation of .on(7toc$ 7a#ings and <oan -ssociation /'+.7<-) held in 1aguio 'it on 4arch 66, 60!: for its outstanding performance OPERATIONAL A3AR*S O! E&CELLENCE /0"" "24 Runn5r-up SLAI o6 475 Y5ar ()roup A "24 Runn5r-up Pro684a98:84y and )ro;47 Ca45gory ()roup A /nd Runn5r-up Loan2 and *82coun42 E668c85ncy Ca45gory ()roup A 9ecei#ed during the 6!st .ational 'on#ention of the 'onfederation of .on(7toc$ 7a#ings and <oan -ssociation /'+.7<-) held in 1oraca , -$lan on -pril 6=(6;, 60!6

)A3A* *AN)AL -warded during the 6!st .ational 'on#ention of the 'onfederation of .on(7toc$ 7a#ings and <oan -ssociation /'+.7<-) held in 1oraca , -$lan on -pril 6=(6;, 60!6 for its pro2ect Company &Y' -FP( P.P 7inging 7tar 1attle of the 'hampions

/00. )A3A* CONSLA -warded during the !?th .ational 'on#ention of the 'onfederation of .on(7toc$ 7a#ings and <oan -ssociation /'+.7<-) held in 1ohol on 4arch 6!(6:, 6003 in recognition of Company &Y' s adherence to its corporate responsibilit , pursuit of e,cellent communit ser#ice, acti#e participation in social acti#ities in 0illamor -ir 1ase, full support in the endea#ors of the Philippine .ational 9ed 'ross and acti#e support to the programs of the -rmed Forces of the Philippines and the -rmed Forces of the Philippines +fficers <adies 'lub

A!P PLA=+E O! APPRECIATION A3AR* 'onferred b then President 8loria 4acapagal -rro o during the ;" th -FP -nni#ersar held at 'amp -guinaldo on Aecember 6", 6003 in recognition to Company &Y'%s free medical assistance to the P-F #ictims of T phoon +ndo in the -irmen%s 0illage in 0illamor -ir 1ase, Pasa 'it

A+RORA ARA)ON =+E'ON ME*AL> SILVER H+MANITARIAN SERVICE CROSS A3AR* 9ecei#ed b Company &Y' 'hairman and President during the 6?th 1iennial 'on#ention of the of the Philippine .ational 9ed 'ross held at the 4anila Iotel on Aecember !5, 6003 for his outstanding contribution and acti#e participation in the endea#ors of the P.9'.

PNP AVSE)RO+P SPECIAL A3AR* Company &Y' was conferred this award during the !? th -nni#ersar of the P.P -#iation 7ecurit 8roup /-07C89+HP) held at its head&uarters on Januar :0, 6003 in appreciation of the -ssociation%s e,emplar contribution in the attainment of -07C89+HP%s mission in 600?

,onors and .ecognitions0

6005 .o ! Financial 5nstitution 5th .ational 7hoppers 'hoice -nnual -wards 600: 7a#ings and <oan -ssociation of the Gear 600: '+.7<- 'on#ention

!st Place ) -sset Htilization Cfficienc !st Place ) .et Profit to -#erage *orth Other CO2+*' '>'84+: !333 !33? !33; 6nd Place ) 9ate of 8rowth in +perating Cfficienc 6nd Place ( 9ate of 8rowth on 'ollection Cfficienc :rd Place ) 9ate of 8rowth in .et *orth and 9ate of 8rowth in 9esources !st Place ) 'ollection Cfficienc 9ate of 8rowth in 9esources 9ate of 8rowth in 'apital contribution 6nd Place ) .et Profit to -#erage :rd Place ) 7ale to 'apital

!33=

!335 !33!

!st Place ) 9ate of 8rowth in 9esources 6nd Place ) .et Profit to -#erage 'apital 'ollection Cfficienc 7ale to 'apital 6nd Place ) 9ate of 8rowth in 9esources 9ate of 8rowth in 'apital 'ontribution 6nd Place ) 9ate of 8rowth in .et *orth 9ate of 8rowth in 9esources 9ate of 8rowth in 'apital 'ontribution

CORPORATE SOCIAL RESPONSIBILITY

Particular wa s where Company &Y' e,tends the realization of social responsibilit to its membersE !. Pro#iding access to credit which members could not a#ail from the formal financial mar$ets due to the fact that militar and police personnel are considered high(ris$. Company &Y' was the first .77<- to lobb for and implement higher credit limits and longer repa ment periods /! to 5 ears) on non(collateral basis. This was also Company &Y' s wa of reciprocating the collection efficienc pro#ided b the pa roll deduction s stem, which was further strengthened b 9- ?:=;. 6. Promoting frugalit and sa#ings amongst members b gi#ing di#idends that are wa abo#e the interest rates offered b ban$s and other financial institutions. :. Pro#iding products and ser#ices that are attuned to the needs, goals, and aspirations of its members. ". Cducating members to become responsible in handling their financials and managing ris$s.

5. 'onducting medical and dental missions in communities of its members and in communities
where Company &Y' is located. =. Aonating medicines, hospital e&uipments, ambulances to hospitals and 5T e&uipments to #arious finance centers /-FP, P.P, Philippine -rm , and P.P Pension). ;. 8ranting 1abuloy2 to berea#ed families of its members from the 4utual 1enefit Fund that was set up to assist its members. ?. 7ponsoring wellness programs, sports fests and acti#ities /e.g. fun runs), and feeding programs.

9. Financing li#elihood pro2ects of its members. To(date, Company &Y' has financed the
ac&uisition of more than 5,000 2eepne s and tric cles, :,000 small business pro2ects li$e mar$et stalls, auto repair shops, and more than !,000 agro(li#estoc$ #entures.

10. 7ponsoring college scholars to the graduation line through the Company &Y' 7cholarship Fund.
The scholarships are granted to children of P-F, P., P- and P.P personnel and the children of militar and police personnel who are recipient of awards and decorations for gallantr in action. 4ore than !00 scholars ha#e alread benefited from the program and ha#e graduated from college. !!. 7upporting the acti#ities of the Philippine .ational 9ed 'ross, the -FP 4edical 'enter, Philippine 4arine 'orps 4edical -ide 7tations, P-F 8eneral Iospital and other field hospitals of the -FP, the -FP and <adies 'lub of ma2or ser#ices, the P-F bas$etball and wrestling team, go#ernment and pri#ate calamit funds, Filipino #eterans and other ci#ic and charit pro2ects. !6. 8i#ing financial donation to -FPFP.P battle casualties and orphans.