The function and responsibilities of Board of Directors of Palayan City Employees Multi-Purpose Cooperative are composed of seven (7) members elected by the GA in its regular meeting. The BOD as a body and not acting in their individual capacity, exercise general supervision and control over the affairs of the cooperative and its prescribed policies consistent with the laws, and its by-laws, resolutions of the GA for the management and guidance of its members, officers, and employees.
The Board of Directors shall be responsible for strategic planning, direction setting, and policy formulation activities of the cooperative.
Palayan City Employees Cooperative was established in March 1993. The cooperative had 53 initial members coming from the local government of Palayan City. It had implemented short term loans for its members to increase its capital. Moreover, the cooperative put up a variety store to intensify its revenue. Similarly, the cooperative was able to construct its own canteen located at Palayan City Hall compound due to the growth of its capital. The cooperative managed to attract 308 employees in 2003 because of its continuous achievements and robust organization.
Today, the cooperative firmly believes that it is their oath to safeguard the interest of its members. Likewise, it is their obligation to extended their assistance to the community.
The cooperative these days offer 3 kinds of services; rental of function hall, canteen & catering services and grocery.
Its function hall entices authorities and experts. Its professional ambiance lures potential customers. Furthermore, sumptuous food of the cooperative seduces clients. As a result, more customers avail of this type of service. Likewise, the cooperative’s grocery offers a variety of goods and basic commodities.
The cooperative is always open for everyone. Besides, it is our intention to provide you the greatest pleasure you deserve. Please, do not hesitate in contacting us. Furthermore, you are all welcome in the cooperative.