Revocation of License to Operate as an NSSLA of Muntinlupa Employees’ Savings and Loan Association, Inc.

092 CIRCULAR LETTER NO. CL-2021-__ OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR To : ALL BANKS AND NON-BANK FINANCIAL INSTITUTIONS/NON-STOCK SAVINGS AND LOAN ASSOCIATIONS (NSSLAs) Subject : Revocation of License to Operate as an NSSLA of Muntinlupa Employees’ Savings and Loan Association, Inc. The Monetary Board, in its Resolution No. 1439.B dated 21 October 2021, approved the revocation of the license of MUNTINLUPA EMPLOYEES’ SAVINGS AND LOAN ASSOCIATION, INC. to operate as a non-stock savings and loan association, pursuant to Section 22 of Republic Act No. 8367, otherwise known as the “Revised Non-Stock Savings and Loan Association Act of 1997” and the rules and regulations promulgated thereunder. For information and guidance. Digitally signed by Chuchi G. Fonacier Date: 2021.11.19 18:05:07 +08'00' CHUCHI G. FONACIER Deputy Governor 19 November 2021