LSB expands services for teachers in northern Luzon

Legazpi Savings Bank (LSB), a subsidiary of the Bank of the Philippine Islands (BPI), has opened three new branch-lite units in northern Luzon to make financial services more accessible to teachers.

The new outlets are located in San Fernando, La Union; La Trinidad, Benguet; and Tuguegarao City, Cagayan. Together, these areas have more than 85,000 teaching and non-teaching personnel and over 5,000 schools across Regions 1 (Ilocos) and 2 (Cagayan Valley).

The expansion brings LSB’s teachers’ loan services closer to educators, allowing them to borrow up to ₱2 million with just one recent payslip, one valid ID, and a completed application form. Loan documents can be digitally signed, with funds credited instantly to LSB or BPI accounts, and within an hour to other banks.

“At LSB, we deeply value the dedication and hard work of our teachers,” said LSB President Jerome Minglana. “By opening these BLUs, we are not just expanding our footprint—we are making deliberate investment in our teachers’ future. Our goal is to give them the peace of mind to focus on shaping young minds, while we provide financial solutions they need to thrive.”