With reference to the letter of Security Bank Corporation dated November 28, 2016, the bank wishes to announce that effective January 02, 2017, all checks bearing the name PREMIERE DEVELOPMENT BANK/SECURITY BANK SAVINGS with bank code 057 when presented, shall no longer be honored/accepted.
Security Bank Corporation (SBC) shall return the item/s to the presenting bank for reason: “REFER TO ISSUER/MERGED BANK”.
As advised by their respective local bankers’ club, we are pleased to announce the resumption of clearing operations today, November 28, 2016 in the following regions:
ROXAS (Region 34)
CALAPAN (Region 38)
TONGYANG SAVINGS BANK is now under a different business name, which is YUANTA SAVINGS BANK.
YUANTA SAVINGS BANK will continue to accept inward checks bearing the name Tongyang Savings Bank until September 1, 2018.