Manila Teachers' Mutual Aid System, Inc.
Committed to be a performance driven and customer-focused financial institution by providing diverse and high quality products and services.
39 Years of dedicated service and success!
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Manila Teachers’ Mutual Aid System, Inc (MTMAS) was conceptualized in the late 1960’s as a Mutual Fund for deceased teacher-members of Manila Teachers’ Savings and Loan Association.
It started as a donation in the form of financial assistance to assist the family of a deceased member coming from its mutual death aid fund. At that time, all active members were required to contribute P1.00 to the said fund whenever a member dies and this was given to the beneficiary of the deceased member. This is in addition to the P1.00 contribution by members collected by the company’s treasurer to increase the fund. This is the reserve fund readily given to the family of a deceased member.
To date, the fixed amount given to the beneficiary of a deceased member is already P35,000.00.