UCPB Customer Relations Center (+632) 811-9111   |   crc@ucpb.com   |  

AFPSLAI taps UCPB for nationwide payout of loan proceeds to members

AFPSLAI taps UCPB for nationwide payout of loan proceeds to members
Officials of the Armed Forces and Police Savings and Loan Association Inc. (AFPSLAI) and UCPB sign the memorandum of agreement covering the partnership between the organizations. Signing the agreement are (sitting from left) AFPSLAI SVP for Treasury Col. Sonny L. Gadot, AFPSLAI president and CEO LtGen Virgilio O. Domingo AFP (Ret), UCPB President and CEO Higinio O. Macadaeg, Jr. and EVP and Branch Banking Group Head Edmond E. Bernardo. Witnessing are the team from AFPSLAI and UCPB. From left, AFPSLAI SVP for Operations Gilberto T. Acuesta, Cash Operations Branch Head Alma P. Bringas, Operations Head for NCR and Luzon Ma. Evelyn A. Corpuz, Head for Cash Management Investment Division Girlie E. Dario, UCPB MM3 Region Head Susan C. Desamero, Aurora Blvd. Branch Manager Donna P. Umlas, Marketing Group Head Rina D. Balanquit and Senior Product Manager Erica C. Diago.

The Armed Forces and Police Savings and Loan Association Inc. (AFPSLAI) has tapped UCPB to help facilitate the payout of the loans it issues to its members through the Bank’s U-Remit platform.

Represented by its President and CEO LtGen Virgilio O. Domingo AFP (Ret), the Association signed a memorandum of agreement with the Bank on May 9, 2017 at the UCPB Corporate Offices in Makati City.

“UCPB has shown its commitment to provide excellent service over the years. We’re delighted that we have brought this long-standing partnership to a new venture to serve our members better through convenient payouts,” said General Domingo.

“Thank you to our partners in the AFPSLAI. I’m glad they found the Bank capable of handling their requirement,” said UCPB President and CEO Higinio O. Macadaeg, Jr.

Through the Bank’s U-remit service, AFPSLAI members can opt to receive their loan proceeds either via over the counter at any UCPB branch nationwide or have it credited to their UCPB or other bank accounts. Given the nationwide deployment of members, such as soldiers and police officers, AFPSLAI recognized the need of extending the reach of its services, explained Girlie E. Dario, AFPSLAI’s Head of Cash and Investment Management Division.

“When we sought the help of our partner banks to provide a facility to make it easy for our members to claim their loan proceeds, UCPB was the first to respond by tailor-fitting their system and processes to comply with our requirements,” Ms. Dario said.

With the partnership, AFPSLAI members need only to go to any of their 21 branches and 50 extension offices nationwide to file their loan application. Once the application is processed and approved, members may opt to have their loan proceeds released at the UCPB branch near them, or have it credited to their UCPB account or another bank account.

Date published: June 5, 2017

Quick Links

Product Name NAVPU YTD Return

As of Aug 22, 2017, 05:43:00 PM

Click here to use our UITF Yield Calculator

For more information, please contact
UCPB Trust Banking Group:
(02) 811-9520, 811-9515, or 811-9541
trust@ucpb.com

Recent Articles

ATTENTION: All UCPB Accountholders

Please be advised that we will perform system maintenance for four hours on Sunday, August 20, 2017 from midnight until 4:00am. During this time:

UCPB Cardholders will not be able to transact in UCPB ATMs and other banks’ ATMs.
UCPB Cardholders will not be able to use Point-of-Sale (POS) terminals, or use their cards for online purchases.
UCPB Accountholders will not be able to use our electronic channels (UCPB Connect, Mobile Phone Banking, Telebanking, CM.Biz).

Please schedule your electronic banking transactions accordingly.

We apologize for any inconvenience that you may experience during this time.

Thank you. Read more.

Attention: All UCPB Accountholders

Please be advised that UCPB has implemented 1-day check clearing effective August 7, 2017. With this, check deposits will be made available for withdrawal not later than 3:00 pm of the following banking day.

This was made possible with UCPB’s full implementation of its Check image Clearing System (CICS), an electronic payment system mandated by the Bangko Sentral ng Pilipinas and the Philippine Clearing House Corp. (PCHC).

Thank you. Read more.

ADVISORY: Local Holidays

Please be advised of the following local holidays and the UCPB branches that will be closed:

Friday, August 25, 2017 – Iznart, Jaro, and Mabini branches (80th Iloilo City Charter Day – Presidential Proclamation No. 253)
Monday, August 28, 2017 – Cogon and Velez branches (Cagayan de Oro City Day – Republic Act No. 9644)

Our ATMs and electronic banking facilities are available even during holidays. Thank you.

Read more.

Copyright 2016 UCPB. All Rights Reserved.

Main Menu