About Us | Non-stock Savings | Loan Association History
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Since its inception, the Public Safety Savings and Loan Association, Inc. (PSSLAI) has kept its commitment to serve and protect those who serve and protect our communities. It all started on July 1, 2003. With the separation of the Philippine National Police (PNP) from the Armed Forces of the Philippines (AFP) and pursuant to Republic Act No. 8367 – an Act Providing for the Regulation of the Organization and Operation of Non-Stock Savings and Loan Association mandating that a non-stock savings and loan association (NSSLA) shall confine its membership to a well-defined group of persons and shall not transact business with the general public – PSSLAI was established to uphold the best interest of the public safety sector. Since then, PSSLAI dedicates itself to serving the members of the PNP, Bureau of Fire Protection (BFP), and their immediate family members.
Operating with only 24 employees, Php 54 Million start-up capital, and a ground floor office at the Kiangan Hall in Camp Crame, PSSLAI created products and services with the satisfaction and financial well-being of the public safety personnel in mind. It invested in excellent service and innovative technology to provide its members with a unique and exceptional experience. PSSLAI’s membership continued to grow not only because it maintained the quality of its products and services but also because of its respectable business ethics and integrity.
With its member-centered products and services, and the hard work and dedication of its Board of Trustees, Management and employees, PSSLAI is now one of the most admired and credible SLAIs in the Philippines. Its growth is testified by the loyalty and patronage of more than 250,000 members, its growing PHP 67 Billion asset portfolio as of Dec 2021, a 12-story state-of-the-art green and intelligent building along EDSA Quezon City, a branch in Camp Crame, 38 fully-equipped Satellite Offices in key cities nationwide, specially designed and built according to PSSLAI standards. The Association is the first SLAI in the country to establish a learning and development center for its employees and partner institutions called The PSSLAI Center of Excellence for Advancement of Knowledge or popularly known as The PEAK – a 7-story training facility with the latest equipment for a world-class learning experience located behind PSSLAI Baguio Satellite Office. These buildings, including the lands where these buildings are situated, are owned by PSSLAI, free from any legal obligations.
Further, PSSLAI is the only SLAI serving the public safety sector that is recognized as one of the drivers of the Philippine economic growth. It is the only SLAI to be included in the Philippines’ Top 500 Corporations in 2015 and Top 400 Corporations in 2016 by the Philippine Business Profiles and Perspectives, Inc. Aside from being highly endorsed by the PNP, BFP, and PPSC leaderships. PSSLAI is also supervised and authorized by the Bangko Sentral ng Pilipinas (BSP) and registered with the Securities and Exchange Commission (SEC).
Today, PSSLAI continues to offer member-centric services and loan products with low-interest rates and without hidden charges while simultaneously integrating a wide array of investment opportunities with high income on savings and investment products. The Association commits to constantly expand its network by constructing and opening new offices in other key cities nationwide to provide members convenience and ease in transacting. PSSLAI always puts its members’ welfare first and focuses on their needs because we want our members to enjoy comprehensive financial and social benefits.
To achieve 100% membership in all Public Safety Agencies and become our Members’ first choice in all their financial needs.
To provide all our Members the opportunity to enjoy comprehensive financial and social benefits by offering member-centric products and services built on relationships.
PSSLAI was created with a single mandate -
to uphold the best interest of the public safety sector in the country.
Up to this day, we are still upholding that promise,
but we are not stopping there,
as we turn a new year,
we will have better ways of creating
member-centered products and services.
We will connect with our members and would be members.
We will focus on our member's needs,
understand their emotions,
feelings, and aspirations,
because they are just like us,
we are one of them, and
they are one of us.
We will listen, learn from each other, and
Understand the value of what we are building.
PSSLAI will know our members by name and vise versa.
When a member calls, we will answer the phone.
When a member is lost, we will help them find their way.
When they are in need, we will lend an extra hand.
We will celebrate with them with their triumphs, and
Uplift them in times of defeat.
We will go the extra mile because we care.
We will make The PSSLAI experience feel like it's the only way
Savings and Loan Association services could have been, because
we are not just a Savings and Loan Association,
we are the better one.
We are PSSLAI.