Company Profile

    Company overview

    Industry

    Education, Training & Professional Development

    Company size

    101-1,000

    Primary location

    918 Manila Teachers' Bldg., United Nations Ave. Ermita, Manila
    The Manila Teachers’ is proud to be the first pioneer of the savings and loan system in the country.Its roots are traced back to a simple “paluwagan” by a group of public school teachers whose forced savings provided financial support and self-reliance among them. In the late 50’s, Mr. Prudencio S. Lacson first organized and led the group at Rizal Avenue High School.Upon his retirement, Mr. Lacson embarked on a more ambitious organization which led to the founding of the Manila Teachers’ Savings and Loan Association, Inc. on May 20, 1960.As both Manager and Treasurer, Mr. Lacson nurtured Manila Teachers with selfless dedication, personal sacrifice and strong commitment to service. His devotion drove the work ethic of the founder until his death in 1974.Cipriano J. Lacson, one of the founder’s sons, then took over the reins and became the General Manager in 1974.Under his aggressive and dynamic leadership, Manila Teachers’ has grown by leaps and bounds to become the innovative and stable Association that it is today. Manila Teachers’ has been consistently awarded the highest order during the Annual Philippine Savings and Loan Conventions.In the past, Manila Teachers’ engaged mostly in consumption, agricultural and a limited number of the housing loans. Today, while it continues to provide easy access to the same loans, Manila Teachers has also set its sights on modest housing projects for its members.Today, Manila Teachers. faces the future with confidence born not only from its achievements but also from its struggles.MissionCommitted to be a performance driven and customer-focused financial institution by providing diverse and high quality products and services.VisionTo be one of the leading providers of a high quality and diverse range of financial products and services through efficiency and innovativeness.ObjectivesTo encourage thrift and savings among membersTo encourage members to pool their resourcesTo provide housing loansCore ValuesINTEGRITYWe adhere to the principles of honesty, loyalty, trust and ethical practicesQUALITY SERVICEWe are committed to excellence in serviceTEAMWORKWe believe in collective effort in attaining our goalsINNOVATIVENESSWe encourage creativity in doing our workPROFESSIONALISMWe uphold the highest standards of professional behavior

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    Reviews overview

    3.416 ratings in total
    5
    6
    4
    0
    3
    6
    2
    3
    1
    1
    81%
    Rate salary as high or average
    56%
    Employees recommend this employer to friends

    What’s it like working at Manila Teachers Mutual Aid System, Inc.?

    AI summary of recent reviews

    Employees at Manila Teachers Mutual Aid System, Inc. appreciate the camaraderie and great relationships with their colleagues, as well as the company's efforts in helping employees develop their skills and knowledge. The employee benefits, such as per diem allowances, and the fulfilling nature of the work, particularly in being of service to teachers, were also highlighted as positive aspects.

    However, some potential challenges were identified, including long working hours and being away from family, which can impact work-life balance. There were also concerns raised about leadership alignment and decision-making within the company. Additionally, some reviewers felt that employee management, particularly in areas such as communication and addressing concerns, could be improved. Heavy workloads and limited opportunities for career growth were also mentioned as areas for improvement.

    Recent reviews

    5.0
    Accounts Role
    Jul 2024
    Odiongan Romblon7 to 8 years in the role, former employee
    It's one of the best experiences working in this company.
    The good thingscamaraderie with coemployees
    The challengesmany hours away from family
    5.0
    Account clerk
    Sep 2022
    Pampanga Central Luzon5 to 6 years in the role, former employee
    It was a great experience
    The good thingsEnjoy the people you work with Upgrade my skills I manage my work space And especially i enjoy my work.
    The challengesIts far in my place Because i am from zambales my work place Is in pampanga And of course the work time
    5.0
    Accounting Personnel
    Aug 2021
    Manila City Metro ManilaLess than 1 year in the role, current employee
    Ba able to apply accouting principles and concepts.
    The good thingsEmployer is treating the employees well. The help employees to develop their skills and knowledge.
    The challengesThe things need to be improved is about leadership. Leaders in this company sometimes don't agree with one another.
    Ratings for Manila Teachers Mutual Aid System, Inc. are shared as-is from employees in line with our community guidelines
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