BPI’s LSB opens Branch-Lite units to bring banking closer to teachers in North Luzon

In its continued mission to uplift educators and help build stronger communities, Legazpi Savings Bank (LSB), a subsidiary of the Bank of the Philippine Islands (BPI), has opened three new Branch-Lite Units (BLUs) in North Luzon. This expansion brings LSB’s Teachers’ Loan services closer to more Filipino teachers, providing them with fast, easy, and more accessible credit solutions.

The new BLUs are strategically located in San Fernando, La Union; La Trinidad, Benguet; and Tuguegarao City, Cagayan. These areas collectively host more than 85,000 teaching and non-teaching personnel and over 5,000 schools across Regions I and II. By expanding into these key areas, LSB ensures that educators no longer have to travel far to secure financial support, making loan applications easier, more convenient, and within their reach.

“At LSB, we deeply value the dedication and hard work of our teachers,” said Jerome Minglana, LSB President.

“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,” Minglana added.

According to the 2024 annual report of the National Strategy for Financial Inclusion, account ownership among Filipino adults has grown significantly—from just 29% in 2019 to 56% in 2021. While this marks important progress, many, including teachers, still face barriers in accessing financial services that are responsive to their needs and demanding schedules.

To help address this gap, LSB’s Teachers’ Loan is designed specifically for educators, offering a streamlined experience, simplified requirements, and quick approvals.

Teachers can borrow up to PHP 2 million with only one recent payslip, one valid ID, and a completed applications form. Loan documents can be digitally signed, and funds are credited instantly to LSB or BPI accounts, and within one hour to other banks.

Accessible nationwide through sales agents and a digital onboarding platform, the program is further supported by over 1,200 BPI and BanKo branches, with more distribution channels and other partner agents soon to come.

With the opening of these BLUs, teachers now have the flexibility to either visit the nearest branch for face-to-face assistance or complete their applications digitally with personalized support. This balance of convenience and care ensures that educators get the services they need without taking time away from what matters most—their students.

This initiative reflects LSB’s vision of building a better Philippines, one family, one school, one community at a time. By making financial solutions and more accessible and inclusive, LSB reaffirms its promise of being “Ang bangko ng Teacher ko!”, empowering educators to achieve their goals, nurture generations, and help drive the nation forward.

For more information about LSB and its services, visit https://www.legazpibank.com.ph/.