SEPTEMBER 14, 2011 - Security Bank  Corporation, one of the most profitable banking institutions in the Philippines, has partnered with the Grace Alumni Association in launching the first co-branded debit card and alumni card for alumni of Grace Christian High School (now Grace Christian College), one of the biggest Filipino-Chinese schools in the Philippines, with an alumni base of about 10,000 graduates.    An initial batch of about 50 pioneer life cards were issued to, among others,  Dr. James L. Tan, President of Grace Christian College, Mr. Brian Kinyeung Lam, President of the Grace Alumni Association, Rev. Stephen Tan, senior pastor of Grace Christian Church and Mr. Frederick Dy, chairman of Security Bank.

Daniel Yu, SVP, Chief Information Officer and SVP for the Transaction Banking Group of Security Bank of Security Bank said that the GAA alumni card is unique in the sense that “most alumni ID cards are merely discount cards while our co-branded card doubles as a debit card.  Unlike discount cards, the GAA card can be used to conveniently settle utility bills in any place where there is an ATM machine.  A debit card likewise promotes familiarity with web-based functionalities and on-line banking facilities, such as the Digibanker facility of the Bank.”

“We are very happy to have Security Bank as our partners in this pioneering effort.  We are confident our alumni will be greatly benefited by the dual functions of this card,” according to Melanie Mae Torres, the team head of Grace alumni which led the discussions for this card.  GAA vice president Gabriel A. Dee also noted that the launch of the card would not have proceeded so quickly if not for the support of Mr. Frederick Dy, as well as the encouragement of the many other alumni officers at the bank.

Celebrating its 60th ‘Diamond’ Anniversary this year, Security Bank has established itself as one of the country’s most stable and best managed financial institutions. With a proven track record in financial performance, the bank is recognized for best business practices, technological product innovations, and other citations placing the bank in the same league as the biggest and best .

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