Manila Teachers Party List - Our History
The Manila Teachers’ Savings and Loan Association, Inc. (MTSLAI or Manila Teachers) is proud to be the 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.
Under the aggressive and dynamic leadership of one of the founder’s sons, Cipriano J. Lacson, 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. While it continues to provide easy access to the same loans, Manila Teachers offers consumption loans to all its members. Today, it has over 300,000 teacher-members in over 118 branches nationwide.
In 2016, Manila Teachers recognized the need for stronger representation in the House of Representatives to pass laws that would truly elevate the level of education and improve the welfare of educators. Under the leadership of Hon. Virgilio S. Lacson, grandson of the founder, Manila Teachers ran in the party-list system and were fortunate to gain a seat in the House of Representatives. With the support and trust of our fellow citizens, the Manila Teachers Party-list is now in its third term in Congress.