The Official UCPB Facebook Page.

UCPB is a leading provider of financial products and services to corporations, private and government institutions, middle market companies, small - and medium-sized businesses, and individuals in the Philippines. Mission Our vision is to be the bank of choice of the middle and consumer markets by providing personal and proactive service and innovative products. Description Established in 1963, UCPB was the first private Philippine bank to become a universal bank, obtaining its expanded commercial banking license in 1981. Today, the bank and its subsidiaries operate nationwide delivering a full range of expanded commercial banking services to a highly diversified clientele. It has strong capabilities in consumer finance, commercial credit, corporate and investment banking, trust banking, domestic and international trade finance, treasury and money market investment, cash management and deposit services. UCPB has always been at the forefront of customer service innovations. It was among the first banks to introduce an ATM service in the late 1980s. In 1991, it took the lead with three other banks in organizing Megalink, the Philippines first shared ATM network, which now has 23 member banks and nearly 9.5 million cardholders . The bank has since expanded its electronic banking capability with telephone banking and Internet banking facilities. These facilities now handle billions of pesos worth of client transactions. With a multi-channel service delivery network consisting of 178 branches, 230 ATMs, telephone banking and Internet banking facilities, UCPB has the capability to meet clients needs anywhere in the country, and provide certain critical services 24/7. UCPB is a key player in countryside development as well. Its UCPB-CIIF Finance and Development Corp. and UCPBCIIF Foundation implement various credit programs and community-building activities in 62 of the countrys 64 coconut provinces aimed at uplifting the quality of life of people living in coconut communities. As of the end of 2009, the UCPB-CIIF Finance Development Corp. has released over P4.43 billion in loans to coconut farmers and their wives, and has also provided numerous trainings to them. The UCPB-CIIF Foundation, on the other hand, has given scholarship grants to their children. UCPB is also implementing one of the most successful purely private reforestation initiative on a 33.3-hectare site in Antipolo City. The site is now fully reforested. It was recently declared a Model Reforestation Site by the Department of Environment and Natural Resources. The UCPB-CIIF Reforestation Program garnered the Most Outstanding Award for Environmental Excellence at the annual Asian Corporate Social Responsibility Conference in 2004 and the Asian Banking Award for Best Environmental Project in Asia in 1999. Underlying UCPBs strength are: superior customer service and a group-wide focus on total customer satisfaction; an extensive service delivery network covering all the important and emerging urban centers nationwide; an intimate knowledge of the Philippine business and financial markets gained from over four decades of existence; and a firm commitment to promote the welfare of small coconut farmers and the communities where it operates. o o

1963 Founded on May 15, 1963

United Coconut Planters Bank

Type Founded Headquarters Key people Products Net income Website

Private Manila, Philippines (1963) Makati, Philippines Menardo R. Jimenez, Chairman Jeronimo U. Kilayko, President and CEO Financial Services P3.73 billion PHP ( www.ucpb.com ) (2012)[3]

The United Coconut Planters Bank, more popularly known by its initials, UCPB, or by its old name, Cocobank, is one of the largest banks in the Philippines, ranking within the top twenty banks in the Philippines in terms of assets. The bank, owing to its name, caters heavily to coconut farmers, but also serves a wide-ranging clientele. It is one of two universal banks not listed on the Philippine Stock Exchange, the other being Allied Bank. Contents 1 History 2 Subsidiaries and affiliates 3 Competition 4 See also 5 External links 6 Citations History[edit]

The last incarnation of the original logo of UCPB, which lasted from the 1980s until 2009.

UCPB started on May 15, 1963, as First United Bank (Philippines). With only four branches at the time, it was a [3] small commercial bank. UCPB's origin can be found in Presidential Decree 775 (or P.D. 775) where President Ferdinand Marcos in July 29, 1975, instructed the Philippine Coconut Authority(PCA) to "formulate and recommend for adoption credit policies affecting production, marketing and processing of coconut and other palm oils" and to "to provide readily available [4] credit facilities to the coconut farmers at preferential rates." The PCA, headed by Juan Ponce Enrile, then [5] purchased the 72.2 percent of First United Bank owned by Jose Cojuangco. Cocobank was the official short bank name in the 1980s and the early 1990s. In 1990, UCPB, along with Equitable Banking Corporation (now Banco de Oro Universal Bank), Philippine National Bank and the Far East Bank and Trust Company (now the Bank of the Philippine Islands), formed MegaLink, one of the three main interbank networks in the Philippines. However, UCPB's ATM services date back to the 1980s, when it was one of the first financial institutions to offer ATM services. It established its pre-need services arm, Cocoplans, in 1993. The bank is also heavily involved in social development projects and other charity works. Today, UCPB is one of the largest Philippine banks, with 188 branches and 279 ATMs nationwide. It is also the only universal bank to have a rural banking subsidiary, although this has since been merged into its thrift banking operations since late 2005. Subsidiaries and affiliates[edit] Subsidiaries of UCPB are the following: UCPB Leasing and Finance Corporation UCPB Savings Bank UCPB Securities, Inc.

Competition[edit] Due to its position as a universal bank, UCPB competes primarily against major Philippine banks like Metrobank, Banco de Oro, BPI, Land Bank of the Philippines and Philippine National Bank. See also[edit]