The concept of Savings Bank is the same in any country around the world. The difference might be in:
Otherwise, the concept of savings bank/account is the same around the globe
Sample of savings and mortgage banks of the philippines
The first savings bank in the Philippines is Monte de Piedad y Caja de Ahorros.
no difference, they are one and the same
In Philippines, there are several savings and loans associations. The Metropolitan Bank and Trust Company, and the Bank of the Philippine Islands (BPI) are two.
BPI Family Savings Bank, Inc. BPI Family Savings Bank Center, Paseo de Roxas corner Dela Rosa St. Makati City 1200, Philippines Tel. +63-2-818-5541
Philippine Savings Bank (PSBank) BPI Family Savings Bank RCBC Savings Bank, Inc. Planters Development Banco Filipino Savings and Mortgage Bank Producers Savings Bank Corporation Philippine Business Bank, Inc., A Savings Bank Robinsons Savings Bank Corporation First Consolidated Bank, Inc. (A Private Dev't. Bank) Citibank Savings, Inc.
BPI
"Oneida Savings Bank is a bank based in New York. Their main office is located at 182 Main Street
BOPIPHMM is the swift code for BPI Family Savings Bank. BPI Family Saving Bank is a bank that is based out of the Philippines.
No difference -- they are one and the same business entity. BPI Family Savings Bank, a savings/thrift bank, is a wholly-owned subsidiary of Bank of the Philippine Islands (BPI), a commercial bank.
One of the main differences of and investors savings bank, and a Credit Union is ownership. The members of a Credit Union are the owners of the bank, with every depoist into their account buying shares in the bank. A savings bank is directed by an elected board of directors, and usually deal with real estate financing.
no difference, they are one and the same