UCPB Savings Bank
BankingMetro Manila, Philippines501-1000 Employees
UCPB Savings Bank, Inc. is a domestic savings bank in the Philippines that provides deposit-taking, loan origination, and domestic fund transfer services. It is a 97.4% owned subsidiary of United Coconut Planters Bank (UCPB) and is the surviving entity of a merger with UCPB Rural Bank, Inc. that took place on December 29, 2005. The merger received approvals from the Securities and Exchange Commission and the Bangko Sentral ng Pilipinas in early 2006 (SEC January 5, 2006; BSP November 5, 2005). The Bank operates under the regulation of the Bangko Sentral ng Pilipinas and is required to comply with safe and sound banking practices. As of April 12, 2018, the Bank operated 49 branches, including a newly opened branch in La Trinidad, Benguet, and employed 501-1,000 people; its principal address is 18th Floor, UCPB Building, 7907 Makati Avenue, Makati City. Recent news in October 2023 reported expansion of offices to Pasay and to Nagcarlan, Laguna.