Good News from UCPB!

Pro-Friends Taps UCPB for Homebuyer Financing
tie-up to boost bank's consumer loan bookings

One of the country's leading developers, Property Company of Friends, Inc. (Pro-Friends), has tapped UCPB to provide financing for homebuyers of its developments.

The 10-year old developer has several existing and ongoing residential projects in Cavite and in Iloilo. In Cavite, it has the Alcove at Ridgecrest in Molino; The Oaks, Pine Crest, Kinnari and Amandala Village in Carmona; Montefaro West, Montefaro Village, Summit at Ridgecrest, Avignon Place, Chesapeake Village, Windsor Mansion, Las Verandas Villas, Primarosa North and East, California West Hills and California Hills in Imus; Parklane Country Homes, Parklane Country Homes Brentwood and Parklane Country Homes Greenview in General Trias; Ville De Soleil and Greensborough in Dasmariñas and Silvercrest Villas and

Chateau Real in Bacoor. Its sole project outside Cavite is the Parc Regency Residences in Pavia, Iloilo.

All of Pro-Friends' residential developments are gated communities with standard amenities that include 24-hour security, clubhouse, swimming pool, basketball court and open areas for picnic and other outdoor family activities.

The prices of the townhouses and the single attached and single detached homes in these developments range from P1.7 million to P3.0 million. UCPB will finance up to 80% of the home acquisition cost, waive the appraisal fees and release the full loan proceeds upon completion of 60% of the dwelling units.

UCPB expects the new tie-up to further boost consumer loan bookings this year.

At the end of March 2009, new loan bookings of the bank increased by 27% or P189 million to P890 million from P701 million in the same period last year.

UCPB FVP David Mercado, EVP Higinio Macadaeg, Jr., signed the homebuyer financing agreement with Pro-Friends president Guillermo Choa and SVP Jocelyn Guzman. UCPB VP Lee De Claro and AVP Charon Wambangco (standing, from left) witnessed the signing.

PPSTA Signs Up for UCPB Collection Service
agreement to benefit 200,000 public school teachers, staff

The Philippine Public School Teachers Association (PPSTA), the biggest professional organization of public school teachers, signed recently an over-the-counter collection facility (OTCCF) agreement with UCPB.

Under the agreement, UCPB will provide collection service for the payments by PPSTA members of their loan amortization, retirement plan premium, life insurance premium, and other association dues.

The agreement will benefit the PPSTA members, who can now conveniently remit their payments through any of UCPB's 178 branches nationwide.

PPSTA has more than 200,000 members across the country consisting not only of teachers but also administrators, supervisors, non-teaching support personnel, nurses, doctors and dentists working for the Department of Education.

UCPB's OTCCF is ideal for institutions operating nationwide as it allows them to use the bank's branches as payment outlets. The payments are deposited to their national account.

UCPB VP Noel Calalang and VP Angel Mojica signed the OTCCF agreement with PPSTA conservator Atty. John Apatan and PPSTA treasurer Editha Nery. UCPB Banaue sales officer Bernard Dumlao and branch manager Arturo Macam, Jr. (standing, from left) witnessed the signing.

Antique Coop Lauds UCPB-
Ledesma Branch Service

The Board of Directors of Antique Provincial Government Employees' Multi-Purpose Cooperative (APGEMPC) passed a resolution recently extolling the “exceptional service and strong sense of goodwill” that UCPB-Ledesma Branch has shown to the cooperative and its 531 members through the years.

In its resolution, the seven-man Board of Directors said the “pleasant experiences (with UCPB-Ledesma Branch) left a strong impression of goodwill” among the officers and members of the cooperative. APGEMPC has been a client of the branch since 2004.

UCPB-Ledesma Branch associates: (seated, from left) tellers Mae Gangoso and Madeline Rose Nava, senior teller Ma. Lexie Losanes, sales associate Jesusa Lamanilao, (standing, from left) sales officer-trainee Ma. Riezl Campanera, branch operations officer Eduardo Miravalles and branch manager Cecilia Rentoy.

U.S. Steel Firm Commends
UCPB-Acropolis BM, BOO
says "dedication to customer service"
sets UCPB apart from other banks

When the Manila office of U.S. steel detailing company, Pacific Coast De-tailing (PCD), expe-rienced a problem with its parent com-pany's fund trans-fer, it did not think twice about ap-proaching UCPB-Acropolis Branch manager Glenda Gallo and branch operations officer Mitzi Fabros.

UCPB-Acropolis Branch UCPB-Acropolis Branch
manager Glenda Gallo operations officer Mitzi Fabros

PCD-Manila office vice president Lynn Swanson knew from experience that the two will provide a solution – and they did, saving the company from the embarrassment of delayed payroll for its employees.

In an e-mail to Glenda and Mitzi, a grateful Ms. Swanson wrote: “I truly appreciate the customer service that you have provided us at the time when we truly needed it.”

UCPB Inaugurates New Caloocan,
Pagadian, Del Monte Branch Sites

UCPB inaugurated recently the new offices of its Caloocan, Pagadian and Del Monte branches. The bank has been relocating its branches as part of a continuing effort to provide clients with better and more pleasant environment to transact their business, and in response to the shifts in business flows in its service areas.

back to homepage>>>