Professional Documents
Culture Documents
Armed Forces and Police Savings & Loan Association, Inc. (AFPSLAI)
established and registered with the Securities and Exchange Commission in 1972
AFPSLAI aims to promote industry, frugality and savings among its members.
This P71.69 billion (as of end of December 2016) organization is supervised by the
Bangko Sentral ng Pilipinas and is considered as one of the county’s premier Non-Stock
Stock Savings and Loan Associations, Inc (CONSLA), AFPSLAI plays a major role in
ensuring the viability and stability of its members-NSSLAs. To date, there are 21
more than 500,000 members from the AFP, PNP, BJMP and BFP and its civilian
employees.
History
AFPSLAI was founded in 1972 to address the financing needs of the uniformed
men and women in the AFP. With only a seed capital of P950 thousand and manpower
of eleven (11), it started its operations in a small office space at the ground floor of the
old MBAI Building. Within a short span of three years, AFPSLAI registered an
unprecedented growth and thereafter declared its first ever dividend at 18 percent.
Towards the end of the 70s, it decided to open its doors to the policemen; thus, it
became the Armed Forces and Police Savings and Loan Association, Inc. With the
widening of its membership base, AFPSLAI likewise embarked into expanding its
operational jurisdiction. Hence, various service centers were established during the mid-
Mission
Provide financial products and related services to our members that will improve
Vision
By 2022, AFPSLAI is the leader in the financial services industry, such as, in
each of the market segment where it operates, in the delivery of quality financial
products and related services, and is the role model for good corporate governance
practices.
Core Values
Professionalism
Excellence
Good Governance
Ethics