Malasiqui Progressive Savings and Loan Bank

By | August 24, 2018

All depositors and borrowers of Malasiqui Progressive Savings and Loan Bank,Inc. are
advised to attend the depositors-borrowers forum on August 29,2018.


The schedule of depositors-borrowers forum for the closed Malasiqui Progressive
Savings and Loan Bank,Inc. is set at 9:30AM to be held at JSMP Events Place in
Rizal Avenue, Malasiqui, Pangasinan.


The Philippine Deposit Insurance Corporation (PDIC) was established on June 22,1963
by Republic Act (RA) 3591 to provide depositor protection and help maintain stability
in the financial system by providing deposit insurance.


Effective June 1, 2009, the maximum deposit insurance coverage is 500,000 thousand
pesos per depositor.


All deposit accounts by a depositor in a closed bank maintained in the same right and
capacity shall be added together.


A joint account shall be insured separately from any individually-owned deposit

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