PHCCI-MPC is a cooperative financial organization owned, operated and controlled by its membership registered with the Cooperatives Development Authority (CDA).
Its objective is to promote thrift and cultivate a sense of good financial management and stability among its members through systematic savings, wise use of credit and membership participation in the affairs of the credit coop.
Unlike a bank, PHCCI serves only its members who share its profits. A bank, on the other hand, is owned by its stockholders who benefit from whatever profits the bank makes.