1C Security Agency was duly registered corporation and approved by the Securities and Exchange Commission (SEC) last June 18, 2020 with a Certificate of Incorporation with Registration No. CS202064496 and the primary purpose is to operate, manage and engage in the business of security agency. The principal office of the agency is located @ 3rd Floor, FICCO bldg., Matildi St., Barangay Carmen, Cagayan de Oro City, Misamis Oriental. The agency is 100% owned by FICCO Development Corporation (FDC) a subsidiary corporation of First Community Cooperative (FICCO) with principal place of business @ Vamenta St., Carmen, Cagayan de Oro City.
The agency was granted license to establish, manage, operate and maintain a private security agency for the sole purpose of engaging in the business selling, contracting or leasing private security services last August 12, 2020 with License to Operate No. PSA-T-10-01231-2020.
1C Security Board of Directors are the same set of Board of Directors with FICCO & FDC, however, FICCO was registered with the Cooperative Development Authority (CDA) while 1C & FDC were registered in the Securities & Exchange Commission (SEC), thus both 100% members’ ownership.
FICCOs one of their objectives in 1C security agency is to encompasses with other leading Coops in Mindanao to form as federation for 1C to be “1Cooperative” Security Agency in the coming years.