The AIR MATERIEL WING SAVINGS AND LOAN ASSOCIATION, INC. (AMWSLAI) is the pioneer in the Savings and Loan Association industry in the Philippines. Since June 13, 1956, AMWSLAI continues to financially empower members from the Armed Forces of the Philippines (AFP) and Philippine National Police (PNP). Today, AMWSLAI celebrates its upcoming 65th Anniversary. AMWSLAI is grateful for the 65 years of support from its members. With your support, AMWSLAI received the SLAI of the Year Award this year from the Alliance of Non-Stock Savings and Loan Institutions (ANSLI) Awards.
65 years ago, AMWSLAI started as a paluwagan by a cadre of visionary officers, enlisted personnel and civilian employees of the 410th Air Materiel Wing of the Philippine Air Force. No one saw that a small savings program paved the way to creating an industry in the Philippine economy. No one thought that AMWSLAI would be the leading voice in the passing of Republic Act 8367 or the law that established Savings and Loan Associations to provide relief to the marginalized sectors. No one, in their wildest dreams, envisioned that a Paluwagan would be a 25-billion worth financial institution we know today.
In its 65th year, AMWSLAI transformed into one of the most admired financial institutions in the Philippines from the lowly paluwagan more than six decades ago. AMWSLAI became a quintessential institution of stability and progress ever since – one that embodies the Bayaning Serbisyo para sa Bayaning Pilipino spirit. AMWSLAI takes pride in honoring and serving members as our nation’s modern-day heroes. This advocacy is our humble and sincere way of recognizing members’ unparalleled effort in building the Association for 65 years.
Active and Civilian Personnel as well as Pensioners from the AFP and PNP prefer AMWSLAI due to its responsive financial services highlighted by low-interest rates paired with best-in-industry customer service. Our Savings Programs transformed many members into millionaires, and our loan products funded our members’ dream businesses.
AMWSLAI will continue to provide the Bayaning Serbisyo experience to our Bayaning Pilipino members. AMWSLAI will also expand loan and deposit products to address members’ needs and realize their dreams. In celebration of our 65th Anniversary, we will offer exciting surprises, giveaways and promotions to members who will celebrate with us.