22/01/2026
UPDATE : CONVERSION OF NOW ACCOUNTS TO DEMAND DEPOSIT ACCOUNTS
Dear Valued Clients,
Starting 16 February 2026, University Savings Bank, Inc. (USBank) is excited to offer its new Demand Deposit Account (DDA)—designed to give you faster, more flexible, and convenient banking at your fingertips.
Your DDA retains all the benefits of your current NOW (Negotiable Order of Withdrawal) Accounts, plus longer clearing cut-off times and quicker access to your funds, making your banking experience smoother than ever.
For existing NOW account holders, a new Demand Deposit Account (DDA) will be opened on your behalf starting 16 February 2026. Checks previously issued under your NOW accounts will continue to be accepted for clearing until 16 August 2026. After this date, checks presented will be automatically returned with the reason “Account Closed.”
Important: If you have issued post-dated checks (PDCs) from your NOW account, we strongly advise you to replace them with checks drawn from your new DDA to ensure smooth payments after the transition.
Check deposit cut-off times have been extended to better suit your schedule:
• 2:00 PM – Manila, Las Piñas, and Biñan Branches
• 1:00 PM – GMA and Molino Branches
To complete your Demand Deposit account opening and receive your first checkbook free of charge, please visit your branch of account with one (1) valid government-issued ID. For questions or assistance, contact our Customer Support Hotline at 0917-119-7751.
USBank is committed to making your banking faster, easier, and more rewarding. Thank you for trusting us as your banking partner!
USBank is regulated by the Bangko Sentral ng Pilipinas (https://www.bsp.gov.ph/)
Deposits are insured by PDIC up to ₱1 Million per depositor.
