Pampanga Campus
Name of Proponents: Mark Raymond A. Diwa
Mark D. Valencia
Marivin Lloyd E. Copino
Title of Proposal: A Proposed Loan Monitoring System Composite Wing Saving Loan
Association Inc. with Web based Customer account and Ledger
Area of Investigation
Brief History of Composite Wing Saving Loan Association Inc
The Manila Teachers’ Savings and Loan Association, Inc. (MTSLAI or Manila Teachers) is proud to be the first pioneer of the savings and loan system in the country.
Its roots are traced back to a simple “paluwagan” by a group of public school teachers whose forced savings provided financial support and self-reliance among them. In the late 50’s, Mr. Prudencio S. Lacson first organized and led the group at Rizal Avenue High School.
Upon his retirement, Mr. Lacson embarked on a more ambitious organization which led to the founding of the Manila Teachers’ Savings and Loan Association, Inc. on May 20, 1960.
As both Manager and Treasurer, Mr. Lacson nurtured Manila Teachers with selfless dedication, personal sacrifice and strong commitment to service. His devotion drove the work ethic of the founder until his death in 1974.
Cipriano J. Lacson, one of the founder’s sons, then took over the reins and became the General Manager in 1974.
Under his aggressive and dynamic leadership, Manila Teachers’ Savings and Loan Association, Inc. has grown by leaps and bounds to become the innovative and stable Association that it is today. Manila Teachers has been consistently awarded the highest order during the Annual Philippine Savings and Loan Conventions.
In the past, MTSLAI engaged mostly in consumption, agricultural and a limited number of the housing loans. Today, while it continues to provide easy access to the same loans, Manila Teachers has also set its sights on modest housing projects for its members.
Today, Manila Teachers Savings and Loan Association, Inc. faces the future with confidence born not only from its