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Company Profile

Company Info:

Manila Teachers Savings and Loan Inc.

Manila, NCR, Philippines

Phone: 404-27-90
Web Site: http://www.mtslai.com/


 
The Manila Teachers’ is proud to be the first pioneer of the savings and loan system in the country.
Its roots are traced back to a simple “paluwagan” by a group of public school teachers whose forced savings provided financial support and self-reliance among them. In the late 50’s, Mr. Prudencio S. Lacson first organized and led the group at Rizal Avenue High School.

Upon his retirement, Mr. Lacson embarked on a more ambitious organization which led to the founding of the Manila Teachers’ Savings and Loan Association, Inc. on May 20, 1960.
As both Manager and Treasurer, Mr. Lacson nurtured Manila Teachers with selfless dedication, personal sacrifice and strong commitment to service. His devotion drove the work ethic of the founder until his death in 1974.

Cipriano J. Lacson, one of the founder’s sons, then took over the reins and became the General Manager in 1974.

Under his aggressive and dynamic leadership, Manila Teachers’ has grown by leaps and bounds to become the innovative and stable Association that it is today. Manila Teachers’ has been consistently awarded the highest order during the Annual Philippine Savings and Loan Conventions.

In the past, Manila Teachers’ engaged mostly in consumption, agricultural and a limited number of the housing loans. Today, while it continues to provide easy access to the same loans, Manila Teachers has also set its sights on modest housing projects for its members.
Today, Manila Teachers. faces the future with confidence born not only from its achievements but also from its struggles.
 
Mission

Committed to be a performance driven and customer-focused financial institution by providing diverse and high quality products and services.

Vision

To be one of the leading providers of a high quality and diverse range of financial products and services through efficiency and innovativeness.
 

Objectives
 
 
  •     To encourage thrift and savings among members
  •     To encourage members to pool their resources
  •     To provide housing loans