President's Message
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Message from Chairman and President

It is with utmost gratitude that I welcome you here to the AMWSLAI website – the online platform of the Association to serve you better.

AMWSLAI humbly started on June 13, 1956 by a handful of visionary officers, enlisted personnel and civilian employees of the 410th Materiel Wing of the Philippine Air Force with a seed money amounting to only P5,000.00. Now 62 years later, it has grown to become a billion-peso institution in the industry of Non-Stock Savings and Loan Association (NSSLA) with almost 200,000 members. Hence, let me share with you our latest accomplishments in which you have been a part of as an AMWSLAI member.

Alongside a net income of P1.681B and total resources of P23.980B by year end of 2018, we also take pride to have distributed a total dividend amount of P1.403B to our 187,652 members. As of same period, our loan portfolio that assisted our members in their various financial needs and in setting up or growing their own business and other livelihood projects reached P20.635B. The P6.563M decrease in operating expenses from July to December 2018 was a jumpstart to a more profitable and progressive AMWSLAI at the beginning of 2019.

The extent of AMWSLAI’s service to our members goes beyond savings and loan facilities. Last year, 1,841 AMWSLAI members have turned to AMWSLAI Millionaires thru the “Bawat Miyembro Milyonaryo” (BMM) and “Millionaire’s Club Savings” Programs. Hospitalization benefit to 31,613 members amounting to P274.634M and burial benefits amounting to P261.100M to 5,222 members were also provided thru the “Bawat Miyembro Protektado” (BMP) and “Mutual Benefit Fund” (MBF) programs respectively.

From its humble past to its great stature at present, AMWSLAI pays its success forward by consistently accomplishing its corporate social responsibilities that include donations in cash and in kind to various branches of service in the AFP and the PNP and their communities. The AMWSLAI Board of Trustees (BOT), in our desire to help our members in fulfilling their legacy of providing education for their children, also set up a college scholarship fund for qualified dependents of AMWSLAI members from personal funds of the BOT.

For more inclusive economic and social amelioration to AMWSLAI members, we also relaunched the MULTI-PURPOSE LOAN, EMERGENCY LOAN, BUSINESS LOAN and EDUCATION LOAN that are all geared towards exemplary products and services that AMWSLAI is known for through the years.

As the new AMWSLAI Chairman and President, it is my desire, together with the BOT, to continue to raise not only the bar of AMWSLAI excellence but also that of the NSSLA industry through genuine reforms that will transcend the obsolescence of some provisions of RA 8367. For this reason, I enjoin your full support to #104 CONSLA PARTYLIST this coming May 2019 elections so that the NSSLA industry will have a strong representation in Congress. Please introduce and campaign for CONSLA to your relatives, colleagues and friends.

It is my fervent hope that your visit to this website would introduce you to the rewarding world of AMWSLAI. I am looking forward to have a lasting partnership with you as our valued AMWSLAI member.

Mabuhay tayong lahat and SOAR HIGH AMWSLAI!

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