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CHAPTER 1

INTRODUCTION
BACKGROUND OF THE STUDY
Cooperative banking is a retail and commercial banking organized on a
cooperative basis. It is an institution that take deposits and lend money in most part of
the world that includes retail and commercial banking. It also provide commercial
banking services such as cooperative federations and corporate business.

Security, reliability, and usability are being implemented in this banking services.
As the year passes by, this characteristics are associated by other factors such as fast,
computerized, and affordability. Until now, some of these cooperative banking services
still uses traditional way of archiving data and records. This issue sometimes has
become a great mishap to the services, human error and improper data and record
handling. Also, due to its manual banking process, slow transactions may be
experienced.

Another problem we could see is the traditional way of handling transaction.
Writing and handling transactions manually can be tiresome and sometimes may lead to
data loss due to human error.

In order to counter these problems, a simple solution may be applied. One of the
possible solution is to systematically archive all the clients data and records that will
still keep all clients information safe.


OBJECTIVE OF THE STUDY

The general objective of this study is to enhance the cooperatives services
security when it comes to data handling, archiving and securing record information and
to be able to create an accurate report of all the transaction as future reference of the
cooperative.

Specific Objectives:
This study has the following specific objectives.
1. To enhance the flow of every transaction at its maximum capability when it
comes to fast client to company transactions.

2. To secure all the clients vital information, records, and transaction records for
future reference.

3. To increase the cooperative programs credibility and standards when it comes
to data processing and handling.

4. To create an accurate year-end report of all the programs clients transactions.








SCOPE AND LIMITATIONS OF STUDY
This study is limited to the Tipid Impok cooperative banking program based on
the municipality of Tagaytay City, Cavite.

SIGNIFICANCE OF THE STUDY
This study is intended to strengthen the municipalitys Tipid Impok Program, and
to create a reliable banking transaction, enhance the capability of the program to
accommodate more clients even more up to the double of its current total clients.