THE United Coconut Planters Bank (UCPB) and the Armed Forces and Police Savings and Loan Association, Inc. (AFPSLAI) have signed a memorandum of agreement (MOA) to facilitate the payout of loans that AFPSLAI issues to its members.

Through UCPB’s U-Remit platform, AFPSLAI members can opt to receive their loan proceeds either via over-the-counter or have it credited to their UCPB or other bank accounts.