Basud Development Cooperative > About Us
Basud Development Cooperative (BADEVCO) was initially organized by 25 members in 1967 having the mission: to uplift the lives of its members. It is a multi-purpose cooperative that engages in savings, lending, trading, housing, insurance and microfinance. Since its establishment, BADEVCO has been a landmark of socio-economic growth not only in the province but in the whole Bicol Region.
At present, BADEVCO is one of the leading cooperatives in the Bicol Region. BADEVCO’s tagline “Your Way to Success!” manifests its mission to enhance the quality of life of members by ensuring that its products and services are wealth-building and add value to the members. With its globally-competitive products and services, it has continued to fulfil its goal to its 26,989 members.
Through the years, BADEVCO has consistently shared its financial success to the member-owners through the distribution of its net surplus. For year 2019, the amount of P8,211,630.95 has been allocated for interest on share capital and P3,519,270.41 for patronage refund.
Name of Co-op: Basud Development Cooperative (BADEVCO)
Address: Cor. Rizal & Rivera Sts., Pob.2, Basud, Camarines Norte
Telefax: (054) 885-1675
Date of Registration: March 28, 1967
Tin No.: 000-534-144
Co-op Identifation No.: 0101050099
Re-registration No.: 9520-05001007
Date: October 23, 2009
Email Address: badevco@yahoo.com
FB Page: Basud Development Cooperative
Total Employees: 84
BADEVCO is committed to uplift the socio-economic condition of its members and the community by providing quality financial and allied services.
The most trusted internationally-recognized cooperative of empowered members
B – ALANCE
A – CCOUNTABILITY
D – EDICATION
E – XCELLENCE
V – OLUNTEERISM
B – OMMITMENT
O – PENNESS