Company profile

The One Cooperative Bank (One CB) is a unique bank registered with the Cooperative Development Authority (CDA) as a cooperative, and with the Bangko Sentral ng Pilipinas (BSP), as a bank under the rural banking system. The Head Office is in Makati City, and it has branches in Mindanao such as Digos, Bislig, Oroquieta, other BLUs and Balanga Bataan. It started its commercial operation on the 25th of January 2023 soon after the BSP issued a certificate of authority to the bank to operate as a cooperative bank pursuant to Republic Act No. 9520 and Monetary Board No. 901, dated 23rd of June 2022. As a cooperative bank, the bank is under the supervision of the BSP in collaboration with the CDA.

One CB’s purpose is to offer credit and banking services to individuals, cooperatives, and the public. Its primary goal is to support cooperatives in their financial needs as the banking sector has not been giving them enough attention when it comes to loan support, shunning the "poor" sectors of society. The cooperatives are often perceived as high risks, in terms of credit worthiness and with very limited growth potential, by the commercial banks.