History

May 11, 1962

FABSLAI was founded by 230 members with P30,000.00 initial capital.

July 23, 1965

FABSLAI was registered to Securities and Exchange Commission (SEC).

September 3, 1965

Certificate of Authority to operate as a Non-Stock SLA was granted by Central Bank of the Philippines.

Date Significant Events
July 1, 2003 Alay sa Pamilya Program(APP) was started
January 19, 2004 Approval of Villamor Extension/ Liason Office
2004 Partnership with Grepalife Assurance Corp. as loan insurer
May 20, 2005 Received the Award of Merit - Rate of Growth in Operating Efficiency - Category A
2006 Amendment of By-Laws for change on the date of AGAE and word "Directors" to "Trustees"
May 19, 2006 Awarded for Asset Utilization Efficiency - Category A
December 2006 Seminar on Anti-Money Laundering Act(AMLA) Year 1 was conducted
January 2007 Adoption of 5% per annum savings account rate
October 8, 2007 Opening of FABSLA VAB at Air Force Mall
October 2007 Partnertship with Beneficial Life(Benlife) Insurance Co. Inc., as one of the loan insurers