It was in April 1987 when employees of SM, headed
by Mr.Ricky A. Lim, saw the need to assist SM
employees with their financial needs, and at the
same time teach them to be thrifty and prudent.
By way of setting up a Savings and Loan Association,
members can save and access funds whenever the
Mr. Henry Sy Sr., seeing the benefits the SM
SLA will bring to its members, willingly donated
the initial seed money of P100,000 to the Association.