La Consolacion College Bacolod has partnered with the LCC Faculty Community Multi-Purpose Cooperative to reopen its student savings laboratory, restoring a hallmark of cooperative education in the college’s basic education program.
The partnership revives a program first introduced in the 1980s by the late Sister Leontina Castillo, OSA, which taught students the discipline of saving and the values of cooperativism through hands-on practice. The student-facilitated savings laboratory was closed around 2011 due to operational constraints and the absence of a dedicated teacher-adviser.
Under the renewed setup, day-to-day operations will be handled by LCCFCMPC personnel, while cooperative officers will support the Cooperative Education Program, ensuring continuity and sustainability.
“This partnership allows us to bring back an important learning experience for our students—one that forms not just academic skills, but lifelong habits,” said Sr. Flolyn S. Catungal, president of LCC Bacolod. “Teaching children to save early is teaching them responsibility, stewardship and concern for the common good.”
The LCC Faculty Community Laboratory Cooperative Office was inaugurated on Feb. 6, 2026, following the formal launch of the Cooperative Education Program on Feb. 2. Days earlier, the cooperative conducted an orientation for IBED students to introduce the basics of cooperativism and savings.
The office was blessed by Rev. Fr. Ian Geoffrey Kasilag. Sr. Catungal and Joselito M. Diaz, chairperson of the LCCFCMPC board of directors, led the ribbon-cutting ceremony.
School officials said the revived savings laboratory strengthens LCC Bacolod’s commitment to practical financial literacy, grounding classroom learning in real-world experience—peso by peso.