ADVISORY: Transferring to New Website

Please be informed that effective 18 January 2018, the Philippine Postal Savings Bank, Inc., (Postbank) has been renamed as Overseas Filipino Bank (OFBank), A Savings Bank of Land Bank.

We would like to thank all the clients of Postbank now renamed as OFBank. We will be of continued service to you as we expand our operations and improve our products and services to cater to your personal and/or other business banking needs.

Further, with the conversion of PostBank to Overseas Filipino Bank (OFBank)...

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Retirement Fund Actuarial Valuation


I. Objectives:  

1. A Funding Valuation on the Company Retirement Plan, First Time Valuation to determine:
       1.1.  Annual Normal Cost (Current Cost)
       1.2. Accrued Liability
       1.3. Vested Benefits 
       1.4. Amortization Schedule for the Unfunded Accrued Liability

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Quality Management System Installed (ISO 9001)

Breaking News:  TUV Rheinland, the global service provider based in Cologne, Germany, has recommended the issuance of a certificate to the Philippine Postal Savings Bank, Inc. as an ISO 9001:2008 certified organization!  Bank President Sarino has sent a congratulatory message to all Postbank staff, saying that it has been a long and arduous journey, but it was well worth the effort as the Bank will now formally join the select group of banking institutions who practice quality management in their operation.

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Department of Agriculture, ACPC, Postbank to Implement Agri Value-Chain Financing

The Department of Agriculture-Agricultural Credit Policy Council (DA-ACPC) turned over P40M to the Philippine Postal Savings Bank, Inc.  (Postbank) for the implementation of the Agriculture and Fisheries Financing Program – Vaue Chain Financing Program (AFFP-VCFP) in a check turn-over ceremony held on September 18, 2015 at the ACPC Conference Room in Pasig City.

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Bancnet cites Postbank for Outstanding ATM Services

Special Recognition in Financial Inclusion for Operating ATMs in Remote Locations

This award is for installing ATMs in Himamaylan and Manolo Fortich where there are no financial institutions that can cater to the needs of the population there.  Both of our ATMs in the said areas have a high volume of transactions starting from the time of their installation.

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POSTBANK: Exploring Its Growth Potential

Published:  PHILIPPINE PANORAMA - Sunday Magazine of Manila Bulletin
May 31, 2015

As a financial institution that has already been around for over a century, it was indeed a challenge for the Philippine Postal Savings Bank—now rebranded as Postbank—not only to improve its historically average performance record, but also to cope with the dynamic changes in the banking industry and in the Philippine economic environment.

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Postbank Marks 109th Founding Year

Published:  MANILA BULLETIN - Business News
May 24, 2015

The Philippine Postal Savings Bank, rebranded as Postbank, marks its 109th birth year anniversary today.  

The Bank was founded on May 24, 1906 to bring banking services to the rural areas and to enable the Philippine government to tap and mobilize the savings in the countryside.

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Postbank Extends its Reach to Dipolog City

Pursuant to its mission of providing a full range of professional banking and financial services accessible in all areas of the country especially in the countryside, the Philippine Postal Savings Bank, Inc. (Postbank) has again extended its reach to Mindanao Region. Known to be the “Gateway to Western Mindanao”, Postbank transferred its Zamboanga Branch to Dipolog City last February 23, 2015 and inaugurated last March 12, 2015. The latest branch, located at Felicidad II, Quezon Avenue, Miputak, Dipolog City is the new branch in the Mindanao Area that is expected to service the clientele within the Region.

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Postbank Estimates a P120 Million Net Profit in 2014

The Philippine Postal Savings Bank, or Postbank, estimates a net profit of 120.74 Million for the year 2014.  This marks the first time that the Bank will register a three-digit profit performance since its founding over a century ago.  It shows a gigantic leap with net profit increasing by over 2,000 per cent from the 5 Million net profit recorded in 2011, or a short three-year span after the Bangko Sentral sent alarm signals and President Aquino changed its management.

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Six Micro Banks Set to Operate in 2013

The first six Micro Banking Offices (MBO) of the Philippine Postal Savings Bank are scheduled to open in December 2013 in selected unbanked and underserved locations in Luzon.

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PostBank Releases Five Year Strategic Plan (2012 - 2016)

Now in its 2nd year of implementation is the Five-Year Strategic Plan for the Philippine Postal Bank which the new management prepared in 2011.

The plan was crafted in response to a requirement of the Bangko Sentral. lt is also designed to provide operational guidance to the new bank leadership as it steers the Bank towards sustained growth in the next five years. The Strategic Plan is divided into three parts where we are, where we want to be, and how do we get there.

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