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The Air Materiel Wing Savings and Loan Association Inc. (AMWSLAI), the second largest non-stock savings and loan association in the country, recently inaugurated its Isabela branch in Cabatuan Road, San Fermin, Cauayan City, Isabela. The inaugural ceremony was graced by the attendance of BGen Ricardo B Jalad AFP, Acting Commander of the 5th Infantry (Star) Division of the Philippine Army stationed at Camp Melchor F. Dela Cruz, Upi, Gamu, Isabela, a Branch of Service which AMWSLAI is very honored to have been given the opportunity to serve. The ceremonial ribbon-cutting was made by BGen Jalad, assisted by Col Ricardo L Nolasco Jr PAF (Ret), AMWSLAI Chairman and President, members of the Board of Trustees, senior management, existing and other members of the Association.

The year 2013 marked another very significant milestone in the history of AMWSLAI. The Association remained very liquid, stable and profitable.

As of 31 December 2013, AMWSLAI posted a Net Income of P2.125 B. Total resources reached P26,806 B, which is composed primarily of loans to members amounting to P23,744 B and investments in government securities of P131,305M.

To-date, AMWSLAI has 20 branches, 15 liaison offices and 36 service units strategically located nationwide providing services to its 202,000 strong general membership comprised of the retired and active members of the Armed Forces of the Philippines and the Philippine National Police and their families.

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