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

BPI said the units are 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 1 (Ilocos) and 2 (Cagayan Valley).

The expansion aims to bring LSB’s teachers’ loan services closer to more Filipino teachers, providing them with more accessible credit solutions.

LSB’s teachers’ loan allows teachers to borrow up to P2 million with only one recent payslip, one valid ID, and a completed application form.

Loan documents can be digitally signed, and funds are credited instantly to LSB or BPI accounts, and within one 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,” Minglana added.

BPI PHOTO