||Inauguration of FABSLA Housing Project by former Pres. Ferdinand E. Marcos (Pilot project with BSP).
||Inauguration of FABSLA building (from 2nd floor of FAB Bowling Lanes) (Pilot project with BSP)
||FABSLA reached its first 1 MILLION mark in assets
||By-Laws were amended to include loans payable in two years and adoption of Mortgage Redemption Insurance (MRI ) for insurance of loan
|Oct 17, 1973
||Loans were insured by Insular Life Company, Ltd.
||FABSLA Newsbrief was published
|Aug 23, 1974
||Amendment of FABSLA By-Laws
||FABSLAI entered into a contract with Insular Life Company, Ltd. for the Level Coverage of loans in which the full amount of loan will be paid by the insurance company in case of borrower's death. (The loan balance will be paid to FABSLAI while the amount paid by the borrower will be given back to his/her beneficiary)
||FABSLAI was re-registered to Securities and Exchange Commission (SEC) for another twenty-five (25) years
||Computerization of FABSLAI system by programmer Mr. Bibian Militante