Public Safety Savings and Loan Association, Inc. (PSSLAI)

About Public Safety Savings and Loan Association, Inc. (PSSLAI)

On July 1, 2003, the Public Safety Savings and Loan Association, Inc. (PSSLAI) was founded to serve members of the Philippine National Police (PNP), the Bureau of Fire Protection (BFP), and the Bureau of Jail and Management Penology (BJMP). Established following the separation of the PNP from the Armed Forces of the Philippines and in compliance with Republic Act 8367, PSSLAI was created to cater to a specific group of individuals within the public safety sector. Initially operating with 24 employees, 54 million pesos in start-up capital, and a ground floor office, PSSLAI focused on providing excellent service and innovative technology through products and services designed for the satisfaction and financial well-being of the public safety family. PSSLAI offers loans with the lowest interest rates in the industry and an array of investment opportunities with high dividends. Today, PSSLAI is a highly admired and credible savings and loan association with over 200,000 members, a 34 billion peso asset portfolio, a state-of-the-art building, a branch in Camp Crame, and standardized extension offices nationwide. PSSLAI is supervised by the Bangko Sentral ng Pilipinas and endorsed by the PNP, BFP, BJMP, and PPSC leadership. It was recognized in the Philippines’ Top 500 Corporations in 2015 and Top 400 Corporations in 2016, and is considered a Driver of Growth of the Philippine Economy. Since its establishment in 2003, PSSLAI has provided high dividends, up to 18% per annum, to its members, with almost 90% of members from the PNP and the remainder from the BFP and NAPOLCOM. These agencies are backed by the Philippine Government, contributing to PSSLAI's stability. The association boasts a collection efficiency rate of 97.5%, the highest among all Savings and Loan Institutions. PSSLAI's vision is to achieve 100% membership in all Public Safety Agencies and become the first choice for all financial needs. Its mission is to provide members with comprehensive financial and social benefits through customer-centric products and services built on relationships. The core values are Unity, Accountability, Service Excellence, Integrity, Social Responsiveness, and Trustworthiness.