Here are the TOP 35 SAVINGS BANKS in the Philippines, based on Total Assets as of JUNE 2016.
Top Thrift Banks in the Philippines in Total Assets as of June 2016
What Happened to Three Other Top Savings Banks?
. Planters Development Bank was acquired by China Bank in January 2014 and was merged into its thrift subsidiary China Bank Savings.
Planters was No. 6 in total assets as of June 2015. China Bank's acquisition of Planters Development Bank started in 2013 and merger was completed in 2016.
. ComSavings Bank, also named GSIS Family Bank A Thrift Bank, was closed down by the BSP on May 13, 2016
ComSavings Bank was No. 30 in total assets as of June 2015, with total assets of 1.56 billion pesos.
. United Overseas Bank was converted into a commercial bank, operating as Manila branch of Singapore-based United Overseas Bank Ltd. It applied for a branch license in 2014 and started operating as United Overseas Bank Ltd. Manila Branch (UOBL Manila Branch) on January 4, 2016.
United Overseas Bank was No. 26 in total assets as of June 2015, with total assets of 2.14 billion pesos
Top Thrift Banks in the Philippines in Total Assets as of June 2016
| RANK | BANK | ASSETS | RANK |
| JUNE | BILLION | JUNE | |
| 2016 | PESOS | 2015 | |
| 1. | BPI Family | 283.366 | 1 |
| 2. | PSBank | 175.329 | 2 |
| 3. | RCBC Savings | 92.635 | 3 |
| 4. | China Bank Savings | 78.298 | 9 |
| 5. | City Savings | 68.186 | 5 |
| 6. | Philippine Business | 64.093 | 4 |
| 7. | Sterling Bank | 30.261 | 7 |
| 8. | PNB Savings | 30.155 | 11 |
| 9. | Bank of Makati | 28.309 | 8 |
| 10. | HSBC Savings | 20.142 | 10 |
| 11. | First Consolidated | 15.154 | 12 |
| 12. | UCPB Savings | 15.056 | 13 |
| 13. | BPI Direct Savings | 14.611 | 14 |
| 14. | Philippine Postal | 12.117 | 16 |
| 15. | PR Savings | 11.246 | 15 |
| 16. | Producers Savings | 10.019 | 17 |
| No. 17 to | |||
| No. 35 | |||
| 17. | Equicom Savings | 7.847 | 19 |
| 18. | Malayan Bank Savings | 7.490 | 20 |
| 19. | Wealth Development | 7.345 | 18 |
| 20. | 1st Valley Bank | 6.729 | 21 |
| 21. | Luzon Development | 5.854 | 22 |
| 22. | Citystate Savings | 4.253 | 23 |
| 23. | Penbank | 2.686 | 24 |
| 24. | CARD SME Bank | 2.605 | 28 |
| 25. | Legazpi Savings | 2.354 | 27 |
| 26. | TongYang Savings | 2.244 | 36 |
| 27. | Enterprise Bank | 2.186 | 25 |
| 28. | Queen City Development | 2.173 | 29 |
| 29. | Optimum Development | 1.779 | 31 |
| 30. | Century Savings | 1.586 | 34 |
| 31. | Bank One Savings | 1.454 | 33 |
| 32. | Hiyas Banking | 1.422 | 32 |
| 33. | Dumaguete City Development | 1.373 | 37 |
| 34. | Isla Bank | 1.265 | 35 |
| 35. | Merchants Savings | 1.003 | 41 |
What Happened to Three Other Top Savings Banks?
. Planters Development Bank was acquired by China Bank in January 2014 and was merged into its thrift subsidiary China Bank Savings.
Planters was No. 6 in total assets as of June 2015. China Bank's acquisition of Planters Development Bank started in 2013 and merger was completed in 2016.
. ComSavings Bank, also named GSIS Family Bank A Thrift Bank, was closed down by the BSP on May 13, 2016
ComSavings Bank was No. 30 in total assets as of June 2015, with total assets of 1.56 billion pesos.
. United Overseas Bank was converted into a commercial bank, operating as Manila branch of Singapore-based United Overseas Bank Ltd. It applied for a branch license in 2014 and started operating as United Overseas Bank Ltd. Manila Branch (UOBL Manila Branch) on January 4, 2016.
United Overseas Bank was No. 26 in total assets as of June 2015, with total assets of 2.14 billion pesos
