PSBank Marks 65 Years of Simple, Reliable Banking for Filipinos
Not many banks can say they’ve grown alongside Filipino families for six and a half decades. This year, Philippine Savings Bank (PSBank) celebrates its 65th anniversary, a milestone that highlights its enduring promise of “Simple lang. Maaasahan.” From its very first branch in Plaza Miranda in 1960 to its digital-first services today, PSBank has been a trusted partner in making everyday banking easier and more accessible.
From Plaza Miranda to Nationwide Growth
When PSBank opened its first branch in Quiapo, Manila—the heart of commerce at the time—banking was a tedious process filled with paperwork and limited only to big business districts. PSBank changed that by offering services ordinary families could access, making it a trailblazer in inclusive banking.
Over the years, it stayed true to its brand of simplicity and reliability, guided by malasakit—a uniquely Filipino value of genuine care. This philosophy continues to drive its growth across 250 branches and more than 500 ATMs nationwide.
Innovations That Put Customers First
Staying relevant in an increasingly digital world, PSBank has consistently introduced customer-friendly innovations:
PSBank Mobile App – open a savings account anytime, anywhere, with no minimum deposit and no maintaining balance.
Digital Onboarding – just a valid ID, a smartphone, and a selfie are enough to start banking.
Cardless Withdrawal – withdraw cash from any PSBank ATM without a physical card.
Mobile Check Deposit – a convenient way to clear checks digitally.
Online Loan Applications – apply for car or personal loans anytime through their website.
These innovations are designed to make financial services more inclusive, helping Filipinos manage their money with ease and confidence.
Strong Performance and Reliability
PSBank’s focus on customer-centric solutions has also fueled its financial success. In 2024, the bank posted a net income of ₱5.21 billion, its highest ever, marking a 15% increase from the previous year. More than the numbers, PSBank remains a key partner in helping Filipinos finance their homes, vehicles, and small businesses.
As PSBank President Jose Vicente L. Alde shared, the 65th anniversary is about honoring customer trust and looking ahead to a future where banking remains simple, reliable, and meaningful.
The Future of Simple Banking
Looking forward, PSBank plans to further strengthen its lending business in auto, home, and SME loans, while enhancing operational efficiency and digital processes. Whether through branch banking, digital platforms, or 24/7 customer support, PSBank is committed to giving Filipinos fast, reliable, and caring service.
From passbooks and long queues in the 1960s to today’s instant digital transactions, PSBank has stood the test of time as a true partner in every Filipino’s financial journey. As it enters its 66th year, PSBank proves that banking doesn’t need to be complicated—it just needs to be reliable.
If you’re looking for a dependable banking partner that understands your needs, PSBank remains one of the most trusted names in the industry.