Pangasinan State University (PSU) employees now have another means to address their financial needs as UCPB Savings Bank, Inc. and the university entered into a formal agreement.

A Memorandum of Agreement (MOA) was signed between PSU and UCPB Savings Bank, Inc. to establish the terms and conditions for loan availment among university personnel.

“Instead of borrowing money from unauthorized entities where several risks are involved, our employees now have safer alternatives to meet their urgent financial needs, ensuring security and financial stability,” PSU President Dr. Elbert M. Galas said.

Through the bank’s Kasama Mo Salary Loan (KMSL) Program, PSU employees may now avail of salary loans with Mortality Redemption Insurance (MRI).

UCPB Branch Manager Imelda C. Cruz signed the MOA along with the bank specialists who stood as witnesses. PSU President Dr. Galas signed on behalf of the university together with Vice Presidents Razeale G. Resultay, Dr. Weenalei T. Fajardo, Dr. Jeanilyn L. Villanueva, Dr. Celeste T. Mercado, and Dr. Ian D. Evangelista.

University officials Dr. Shiela Marie Malicdem (HRMD Officer), Mr. Rennie Martinez (Accountant), Ms. Jesille Q. Viernes (Budget Officer), and Ms. Arlene Padilla (Cashier) also witnessed the ceremonial signing.