DLSCC Code of Ethics PDF

DE LA SALLE CREDIT COOPERATIVE
CODE OF ETHICS
Article I
PREAMBLE
Section 1: TITLE. This code shall be known as the De La Salle Credit Cooperative
(DLSCC) Code of Ethics.
Nomenclature: Directors here shall refer to the Board of Directors; Officers shall
refer to the General Manager, Treasurer, and committee members, both elected and
appointed, and Employees refer to the employees of the DLSCC. Members refer to all
members of the cooperative.
Section 2: Declaration of Policy. All directors, officers, employees and members of

this cooperative shall abide and adhere to this Code of Ethics. Towards this end, they
shall serve and partake in the roles as stakeholders with utmost professionalism,
commitment, integrity, compassion and nationalism.
Article II
VISION
To be the leading provider of all financial needs of the Lasallian community.
Article III
SERVICE PHILOSOPHY
In pursuit of this vision, the De La Salle Credit cooperative shall:
1. Imbibe a culture of prudence and help its members in gaining financial stability
through periodic savings and diligence among members.
2. Improve the quality of life of its members through mutual and cooperative
assistance.
3. Ensure organizational stability through honest and prudent management of

financial, human and other resources guided by the La Sallian values.
4. Continuously alleviate and expand its services to all stakeholders/ members

through the use of modern technology.
5. Lead the integration of cooperative organizations among the Lasallian institutions

in the Philippines.
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6. Continuously support or work on programs and activities that address pressing
socio-economic needs of the community.
Article IV
PROFESSIONAL ETHICAL STANDARDS FOR
DIRECTORS, OFFICERS AND EMPLOYEES
The directors, officers and employees of the De La Salle credit cooperative shall be
guided by the following:
1. Directors, officers and employees, in the performance of their duties and

responsibilities, shall adhere to the principles of honesty, dedication and
sincerity.
2. They shall, at all times, act with utmost sense of professionalism, justice and
courtesy in all their dealings with co-officers, staff, members and the general
public.
3. They shall exemplify uprightness, delicadeza, and punctuality in the delivery of

their duties and responsibilities
4. Directors, officers, and employees must be updated in paying their accounts

with the DLSCC.
5. They shall, by all means, uphold the interest and welfare of the cooperative to
sustain the growth and well-being of its members and the community in
general.
6. Directors, officers, and employees shall not enrich themselves nor engage in
any activity that is adverse or in conflict with the objectives of the cooperative
and the interest of its members.
7. Directors, officers, and employees shall at all times, lead an upright and
modest lifestyle, hence, shall never get involved in any conduct of immorality,
indecency and disgrace.
8. As Directors of the cooperative, they shall protect the funds of all its members
in accordance with prudent business practices.
9. They shall consistently update members with accurate information regarding

the true financial condition, operations and services of the cooperative.
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Article V
ETHICAL STANDARDS FOR MEMBERS
The members of the De la Salle Credit Cooperative must comply with their sworn
obligations and responsibilities, hence, they shall:
1. Promote the mission, vision and core values of the cooperative. The success of its
business and the spirit of cooperativism in all their dealings.
2. Actively participate in all affairs of the cooperative and endeavor always to

contribute to the interest and welfare of the general membership.
3. Have the willingness to sacrifice self-interest for the benefit of the majority in
keeping with the principle of delicadeza.
4. Disengage in any corrupt, dishonest and other unauthorized activities that are
deemed illegal.
5. Obey the by-laws, policies, decisions and resolutions of the Directors, General
Assembly and the Cooperative Development Authority (CDA).
6. In all dealings and transactions, show courtesy and respect to everyone especially
to Directors, officers, employees and members and the general public.
Article VI
GENERAL PROVISIONS
In order to ensure commitment to this Code, the following shall be observed by

the Directors, officers, employees and members:
1. Bind themselves to honor and uphold the intent and spirit of this Code at all
times.
2. Set good example in the observance of this Code.
3. An oath of commitment shall be done by the Directors, officers and employees

upon the acceptance of membership and upon election, appointment,
promotion or assumption to duty.
4. Promote and enhance this Code as a management policy, therefore, strict

adherence thereto is the responsibility of all stakeholders.
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5. All acts/ practices committed in violation of this Code are deemed subject to
penalties / or administrative sanctions as may be determined by the Board
upon exercise of due process of law.
6. Any amendment of this Code may be proposed to the General or Special

Assembly for approval and shall take effect upon its adoption.
7. This Code shall take effect upon approval by the members through a General
Assembly.

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DE LA SALLE CREDIT COOPERATIVE

Section 2: Declaration of Policy. All directors, officers, employees and members of

To be the leading provider of all financial needs of the Lasallian community.

In pursuit of this vision, the De La Salle Credit cooperative shall:

3. Ensure organizational stability through honest and prudent management of

4. Continuously alleviate and expand its services to all stakeholders/ members

5. Lead the integration of cooperative organizations among the Lasallian institutions

1. Directors, officers and employees, in the performance of their duties and

3. They shall exemplify uprightness, delicadeza, and punctuality in the delivery of

4. Directors, officers, and employees must be updated in paying their accounts

9. They shall consistently update members with accurate information regarding

2. Actively participate in all affairs of the cooperative and endeavor always to

In order to ensure commitment to this Code, the following shall be observed by

2. Set good example in the observance of this Code.

3. An oath of commitment shall be done by the Directors, officers and employees

4. Promote and enhance this Code as a management policy, therefore, strict

6. Any amendment of this Code may be proposed to the General or Special

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