Producers Savings Bank Corporation 1.34

On August 13, 2009, the Monetary Board, in its Resolution No. 1158, approved the application of Producers Bank to convert/upgrade its license from a ruralbank to a thrift bank. On September 27, 2010, Producers Bank started its operations as a thrift bank and thus became the first rural bank to have been upgraded to a thrift bank with head office located in Metro Manila.