Welcome, Guest. Please login or register.
Did you miss your activation email?

Author Topic: AFPSLAI (Armed Forces & Police Savings & Loan Assn Inc)  (Read 100357 times)

0 Members and 2 Guests are viewing this topic.

Offline lailani

  • Forum Tambay
  • *
  • Posts: 575
  • Thanks Received: 0
Advertisement
^ what's AFPSLAI all about?
ano requirements for getting in?  sundalo daddy ko pero he died a long time ago
« Last Edit: Feb 23, 2008, 05:22 AM by nailbiter »

Offline Dutch_Boy

  • Associate Member
  • *
  • Posts: 94
  • Thanks Received: 0
Armed Forces & Police Savings & Loan Assn Inc
« Reply #1 on: Jan 26, 2008, 12:32 AM »
« Last Edit: Jan 26, 2008, 12:45 AM by Dutch_Boy »
People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf ...

Offline rangel

  • Senior Member
  • *
  • Posts: 145
  • Thanks Received: 0
Armed Forces & Police Savings & Loan Assn Inc
« Reply #2 on: Feb 05, 2008, 10:12 PM »

Offline lailani

  • Forum Tambay
  • *
  • Posts: 575
  • Thanks Received: 0
Armed Forces & Police Savings & Loan Assn Inc
« Reply #3 on: Feb 06, 2008, 01:18 AM »

Offline scout

  • Posting Specialist
  • *
  • Posts: 318
  • Thanks Received: 0
Armed Forces & Police Savings & Loan Assn Inc
« Reply #4 on: Feb 06, 2008, 02:12 AM »
I am a member of AFPSLAI :D ..They do have very high dividend yields, ranging from 16% to as high as 22% per annum.  As member, you are actually a shareholder of the Association by placing Capital Contribution.  There was a time when the maximum CapCon you can place is 5M, however right now they've limitted it to 3M with quarterly placement of 30k max (not sure kung nabago na).

High Yield and the best part is: your money is not locked-in!  You can withdraw money anytime just like a savings account, and will not at all affect your dividend.  Way better than time deposits, and will beat any high yielding rural banks in terms of risk.

@Ace_balasador - Member ka rin ba ng PAPCFIC? An AMWSLAI? Mataas din ang dividend dyan sa mga yan, parang AFPSLAI din.
  :D

Offline segurista

  • Forum Expert
  • *
  • Posts: 801
  • Thanks Received: 0
Armed Forces & Police Savings & Loan Assn Inc
« Reply #5 on: Feb 06, 2008, 02:22 AM »
Scout okay ang APSLAI NA ITO paano ba maging member . PDIC COVERED BA ANG DEPOSITS.

Offline scout

  • Posting Specialist
  • *
  • Posts: 318
  • Thanks Received: 0
Armed Forces & Police Savings & Loan Assn Inc
« Reply #6 on: Feb 06, 2008, 02:49 AM »

Offline lailani

  • Forum Tambay
  • *
  • Posts: 575
  • Thanks Received: 0
Armed Forces & Police Savings & Loan Assn Inc
« Reply #7 on: Feb 06, 2008, 03:50 AM »
^ it's great... too bad i can't get into it   :hihi:

Offline segurista

  • Forum Expert
  • *
  • Posts: 801
  • Thanks Received: 0
Armed Forces & Police Savings & Loan Assn Inc
« Reply #8 on: Feb 06, 2008, 01:54 PM »
SalamaT scout sa info mo sayang  wala akong relative na nasa AFP   ANYWAY Goodluck sa lahat ng investments mo.

Offline Dutch_Boy

  • Associate Member
  • *
  • Posts: 94
  • Thanks Received: 0
Re: AFPSLAI (Armed Forces & Police Savings & Loan Assn Inc)
« Reply #9 on: Feb 23, 2008, 04:52 PM »
mga sirs/maams, dividend rates of AFPLAI are at 4% per quarter for the entire year of 2007. yung 22% per annum was several years ago pa, before the BSP ordered them (rightfully, kawawa naman mga sundalo na borrowers) to reduce dividend rates. eventually, bababa pa ito to 15% per annum, based on a memo they issued to members.

maximum capital contribution limit for existing members is at Php3 M for regular members and Php1 M for associate members. maximum initial and subsequent deposits is currently at Php 30,000 per quarter (equivalent to 10 k per month).

for associate members, it is a common misconception na pwedeng i-sponsor ng AFP members ang kahit sinong relatives nila. Associate Membership in AFPSLAI is strictly limited now (ewan ko before) to the following:

1. spouse of regular members (kahit sundalo asawa mo, dapat maging regular member muna siya)
2. legitimate children of regular members (21 years old and above)
3. PVAO pensioner (even yung mga lolos associate members lang, so it means they cannot sponsor their apos)
3. cadets of PMA/PAF/PNPA
4. candidate officers of OCS and NOCC

maam lailani, like what sir rangel said, if your father was a member of AFPSLAI when he was still alive, baka pwede ka pa maging member especially kung hawak mo pa ung CCA (green) passbook niya. your mother can be a "Regular" member dahil widow siya nang dad mo. is she receiving your dad's pension checks? if ever pag naging Regular member na ang mom mo, sa kanya ka magpa-sponsor.

as for voting rights, this is next to useless since the AFP Chief of Staff is always (as in always) the Chairman of AFPSLAI. he nominates whoever he wants as his Board of Trustees but usually the CG of the PA and PAF and the FOIC, PN also sits in the Board. in a way, this is good for members since, if ever by force majeure or in any way malugi ang operations ng AFPSLAI, the AFP and DND leadership will plow AFP funds into the institution and make sure na hindi magsasara ito.

current General Manager and EVP of AFPSLAI is RAdm. Alfredo Abueg (Ret), a cavalier and the class valedictorian of 74. he is a professional finance man with extensive trainings and schooling here and abroad. he is the one actually running the institution and not the President, that's why siya ang nilagay sa post na yan to make sure your funds are safe and profitable.

AMWSLAI, which is not AFP-run, has always been plagued by management issues and intrigues. up to now, contested pa rin ang Chairmanship nila. they almost had a bank run in 2003 yata but up to now they are still alive and kicking! matibay din but i wouldn't place any significant amount, if ever, with them.

PAFCPIC worth a try din, but this is not incorporated as a SLA but as a Cooperative with the CDA. PNSLAI worth a try din.
People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf ...

Offline rangel

  • Senior Member
  • *
  • Posts: 145
  • Thanks Received: 0
Re: AFPSLAI (Armed Forces & Police Savings & Loan Assn Inc)
« Reply #10 on: Feb 23, 2008, 05:13 PM »
 :applause: Very well said and comprehensive Sir Dutch_boy...It happens na am a legitimate son of a retired enlisted man and the wifey was also a daughter of a retired enlisted man.. So in effect me and wifey both have individual accnt with AFPSLAI. Way back we have also an accnt with AMWSLAI pero sa mga narinig ko..we decided to take it out...totoo medyo nd gaano sya ka stable ng AFPSLAI, I still remember we had to wait for 3weeks before they manage to cash out our Capital contribution..so kinda scrary. Pero in fairness they are still running strong now, and fo everybodys info they were the first sort of loan and savings assoc. sa AFP..ahead cla ng ilang years sa AFPSLAI.

Before nagkascandal about Gen. Garcia...regular member max. capital contribution is @5M and you could place up to 200K per month..since then nagkaroon ng reform and now the current rate was like sir Dutch_boy mentioned. Some also practice un nakikiride lang..say ung isang soldier na kaclose mo tapos un nakikiride on lang with his account, again that was before the Reformed laws for contribution...now eh 30k lang per quarter.
« Last Edit: Feb 23, 2008, 05:19 PM by rangel »

Offline lailani

  • Forum Tambay
  • *
  • Posts: 575
  • Thanks Received: 0
Re: AFPSLAI (Armed Forces & Police Savings & Loan Assn Inc)
« Reply #11 on: Feb 25, 2008, 10:26 AM »
« Last Edit: Feb 25, 2008, 10:30 AM by lailani »

Offline arvin

  • Full-Time Poster
  • *
  • Posts: 188
  • Thanks Received: 0
Re: AFPSLAI (Armed Forces & Police Savings & Loan Assn Inc)
« Reply #12 on: Feb 25, 2008, 08:50 PM »
Lailani,
    Pwede yun punta ka lang sa Camp Aguinaldo branch nila tapos sabihin mo yung name ng dad and mom mo kung meron silang acct sasabihin sayo. Ang laki na nun kung sakaling meron sila tapos hinde na nagagalaw. Balato ha.hehehe... Yung acct ko kasi halos magdoble in 5 yrs.

Offline lailani

  • Forum Tambay
  • *
  • Posts: 575
  • Thanks Received: 0
Re: AFPSLAI (Armed Forces & Police Savings & Loan Assn Inc)
« Reply #13 on: Feb 26, 2008, 08:13 AM »
^ah ok. salamat!
sa sunod na uwi ko  :D

Offline mediaboyz

  • Newbie
  • *
  • Posts: 5
  • Thanks Received: 0
Re: AFPSLAI (Armed Forces & Police Savings & Loan Assn Inc)
« Reply #14 on: Feb 27, 2008, 01:25 PM »

mga sirs/maams, dividend rates of AFPLAI are at 4% per quarter for the entire year of 2007. yung 22% per annum was several years ago pa, before the BSP ordered them (rightfully, kawawa naman mga sundalo na borrowers) to reduce dividend rates. eventually, bababa pa ito to 15% per annum, based on a memo they issued to members.

maximum capital contribution limit for existing members is at Php3 M for regular members and Php1 M for associate members. maximum initial and subsequent deposits is currently at Php 30,000 per quarter (equivalent to 10 k per month).

for associate members, it is a common misconception na pwedeng i-sponsor ng AFP members ang kahit sinong relatives nila. Associate Membership in AFPSLAI is strictly limited now (ewan ko before) to the following:

1. spouse of regular members (kahit sundalo asawa mo, dapat maging regular member muna siya)
2. legitimate children of regular members (21 years old and above)
3. PVAO pensioner (even yung mga lolos associate members lang, so it means they cannot sponsor their apos)
3. cadets of PMA/PAF/PNPA
4. candidate officers of OCS and NOCC

maam lailani, like what sir rangel said, if your father was a member of AFPSLAI when he was still alive, baka pwede ka pa maging member especially kung hawak mo pa ung CCA (green) passbook niya. your mother can be a "Regular" member dahil widow siya nang dad mo. is she receiving your dad's pension checks? if ever pag naging Regular member na ang mom mo, sa kanya ka magpa-sponsor.

as for voting rights, this is next to useless since the AFP Chief of Staff is always (as in always) the Chairman of AFPSLAI. he nominates whoever he wants as his Board of Trustees but usually the CG of the PA and PAF and the FOIC, PN also sits in the Board. in a way, this is good for members since, if ever by force majeure or in any way malugi ang operations ng AFPSLAI, the AFP and DND leadership will plow AFP funds into the institution and make sure na hindi magsasara ito.

current General Manager and EVP of AFPSLAI is RAdm. Alfredo Abueg (Ret), a cavalier and the class valedictorian of 74. he is a professional finance man with extensive trainings and schooling here and abroad. he is the one actually running the institution and not the President, that's why siya ang nilagay sa post na yan to make sure your funds are safe and profitable.

AMWSLAI, which is not AFP-run, has always been plagued by management issues and intrigues. up to now, contested pa rin ang Chairmanship nila. they almost had a bank run in 2003 yata but up to now they are still alive and kicking! matibay din but i wouldn't place any significant amount, if ever, with them.

PAFCPIC worth a try din, but this is not incorporated as a SLA but as a Cooperative with the CDA. PNSLAI worth a try din.


Sayang walang higher quarterly cap contributions and 15%.  I have also heard same: eventually 15%.  Has anyone heard if AFPSLAI rates or quarterly cap contributions will go higher?  

I found a website for PAFCPIC, but could not find any for PNSLAI.
Does anybody have information about PAFCPIC or PNSLAI's earning rates?
http://www.pafcpic.com.ph/index2.html

 


PMT Shoutbox

Refresh History
  • mark_Lee: hi im back
    May 22, 2017, 01:51 AM
  • aleishamae: hello everyone! newbie here.
    May 17, 2017, 05:25 PM
  • abdulmuiz141911: can someone help me register sa PSE?
    May 16, 2017, 01:36 PM
  • abdulmuiz141911: greetings of peace mga igan...
    May 16, 2017, 01:35 PM
  • supermom88: Hi there. I'm new in this forum. Good day to all of you.
    May 16, 2017, 07:04 AM
  • Tonisj: May nakakaalam ba dito supplier ng mga gadgets? Balak ko Kasi mag online selling. Thanks
    May 10, 2017, 11:24 AM
  • junedarellhausa: bago lang ako.. how to funds my paypal?
    May 09, 2017, 04:29 PM
  • docg: The position has been filled
    May 08, 2017, 12:52 PM
  • docg: Hello all, am looking for guest speakers for a personal finance event, organized by a student organization, please pm me for more info.
    May 07, 2017, 08:16 PM
  • icycool: So ano po online business nyo ngayon?
    May 05, 2017, 08:19 PM
  • LailanaeSu: New bee pano mag advertise dito?
    May 01, 2017, 03:48 PM
  • iamhilton: hello to all : ) If any question regarding online business i'll do my best para masagot yan : )
    Apr 30, 2017, 03:23 PM
  • allydelacruz: Hi newbie here, baka po may gusto magpasupply sa inyo ng bigas at seafoods dyan, from Obnado, Bulacan po ako.
    Apr 23, 2017, 03:07 PM
  • marison: Hello ..newbie here baka may alam kayo buyer ng lobster madami po kami stock
    Apr 20, 2017, 11:07 PM
  • chloe: hello po ask ko lng if ano proseso n dapat gwin pag transfer ng name sa pag ibig if si 1st owner ay ayaw n i continue ang monthly amprtization nya at si 2nd owner n ang mag cocontiniue need p po b ipa change name agad.?
    Apr 20, 2017, 04:20 AM
  • SiPoorMan: i suggest go to proper forum with regards on your concern Mperalejo
    Apr 19, 2017, 07:21 PM
  • MPeralejo: Is there regulatory body i can contact to complain about SMDC turn over after the company received my full payment
    Apr 18, 2017, 03:09 AM
  • MPeralejo: Very bad management service. I purchase unit in the 18th floor with expected turn over on 4/2016 which was delayed until 2017. I was told that the balance has to be paid off before turn over in January 2017 and paid the balance in full 3/9/17 with request to expedite. The same with my mother in-law's unit at 15th floor which was paid 2 weeks before mine. Until now, they will not turn over the unit and can only provide excuses that the engineering dept. is working on it. My aunt who is our representative/interior designer only has till May 14th to stay in the Philippines to get the units ready for my vacation in Jun 1st but they are now telling me that the turn over will be May 22, 2017 plus 1 week. They have receive our money since 3/9 and my mother in-laws in February, yet they want more than 3 months to turn over. By then, i am out of representative/interior designer that I would have to hire another and not only that, my family and I will not have a place to stay on our vacation therefore, i would need to rent elsewhere. SMDC is not willing to cover my losses nor do they know the meaning of "EXPEDITE". This company is a scam! They want your money and not willing to deliver on time. Is the government not regulating this kind of SCAM! I would rather receive a full refund than deal with this company. Don't buy from SMDC. It will be a nightmare for you!
    Apr 18, 2017, 03:08 AM
  • MPeralejo: Is there a complaint dept for SMDC?
    Apr 18, 2017, 03:07 AM
  • jfitz: Hi everyone! Newbie lang ako pero looking forward to learn personal finance :)
    Apr 17, 2017, 07:14 PM
  • mmel: :hello:
    Apr 13, 2017, 05:15 PM
  • edjr.foro: hi everyone! magshare din ako experience sa small business.
    Apr 10, 2017, 05:16 PM
  • mmel: :hello: :hello: :hello:
    Apr 05, 2017, 05:46 PM
  • anicaxia: Newbie here ‚úč
    Apr 02, 2017, 09:26 AM
  • jerinaciline: Hahalo
    Mar 30, 2017, 04:37 PM
  • geysanchezp: hi po. sino po kaya may alam ng patahian ng maramihang blouse yung mura lang po ang singil. salamat
    Mar 30, 2017, 10:32 AM
  • freakyserious: hi anyone who knows a supplier of c2s paper in rolls (hindi by ream). thanks!
    Mar 28, 2017, 05:45 AM
  • linmark16: hello po tanong ko lng kung anong magadang pagkakitaan online..
    Mar 25, 2017, 12:07 AM
  • Speedrace2380: Hi,,,isa po ako ofw dito sa saudi arabia,,,sino po may alam sa import export,,,
    Mar 22, 2017, 01:17 AM
  • xpp9392: hi im looking to borrow money please message me
    Mar 18, 2017, 07:32 PM
  • miembrolang: good day po... pahingi po ng link kung saan makikita step by step ng Pag-Ibig housing Loan lalo na ung tungkol sa Notice of Approval. tnx
    Mar 17, 2017, 04:44 PM
  • aiaicamps: hello po..im new user here.,,looking for an ukay ukay supplier,..thanks po..
    Mar 16, 2017, 01:05 PM
  • Markreen: HOw mgstart dto
    Mar 16, 2017, 11:44 AM
  • trepur10: wala rin akong alam :)
    Mar 16, 2017, 06:51 AM
  • Delna: hi im new
    Mar 12, 2017, 07:26 PM
  • Moniika: Paano  ba to  ? Haha
    Mar 12, 2017, 02:05 PM
  • Moniika: Hi guys
    Mar 12, 2017, 02:01 PM
  • Nhedz: Hi po. Newbie here
    Mar 12, 2017, 07:07 AM
  • dylanreggie: hi newbie here
    Mar 11, 2017, 05:58 PM
  • dhondiex27: Morning
    Mar 10, 2017, 08:55 AM
  • dodido1: good morning
    Mar 09, 2017, 06:21 AM
  • johnren110190: hi any tnt ofw in japan? nandito ako ngaun sa japan pero gusto ko mag tnt ang liit kc ng sahod ko legal ako pumasok pero mliit sahod pero ang trabho halos patayan kc construction.baka may pede jn makausap na tnt dto sa japan. salamat
    Mar 06, 2017, 10:25 AM
  • vicentecarandang: Hello everyone,, newbie for some business involvement...Hope to meet lots of investors..
    Mar 05, 2017, 06:10 PM
  • JustChris: hello everyone.. newbie here.  hope to get tips po for investing salamat
    Mar 05, 2017, 05:01 PM
  • Aldrine22: may alam kayo foreclosed house around laguna?super thanks sa sasagot
    Mar 03, 2017, 11:51 AM
  • magpayo.mattew: San po pala pwede iligay ang paypal ko dito? Di ko po makita
    Mar 01, 2017, 08:33 PM
  • magpayo.mattew: Hi newbie lang po
    Mar 01, 2017, 08:30 PM
  • Sacegirl: hello po! bago lang po ako. sana matulungan nyo ako. thanks!
    Mar 01, 2017, 01:40 PM
  • cess245: hello
    Mar 01, 2017, 01:26 PM
  • eme_eme: hello
    Feb 28, 2017, 08:34 PM