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Notice of Changes to Salmon Bank Deposit Terms and Conditions Effective 29 August 2026

Notice of Changes to Salmon Bank Deposit Terms and Conditions Effective 29 August 2026

Salmon Bank (Rural Bank), Inc. will be updating the Terms and Conditions governing its deposit accounts, effective 29 August 2026.

  • Deposits will only be accepted through official channels (over-the-counter at branches, or bank transfers). Relationship Managers can no longer personally accept cash or checks as deposits.
  • For Time Deposits, if no instruction is given by maturity, the account will be closed and proceeds credited to your checking account (automatic rollover at the same term is no longer the default).
  • Interest crediting schedule is now specified:
    • Salmon Savings & Checking – monthly
    • Regular Savings – quarterly
    • Time Deposits – monthly or at maturity, per your instruction
  • Checking account Statements of Account will be sent as a password-protected E-SOA to your registered email instead of mailed/pick-up copies. Please keep your email on file updated.
  • Customer service channels updated: Hotline +63 919 059 7388, Email: [email protected], in-app chat, and Facebook.
  • Other updates include clearer rules on account closure notice, choice of venue for legal disputes, and Relationship Manager-assisted KYC/checkbook handling.
  • These changes are part of our ongoing commitment to enhancing our products and services while ensuring that our policies remain aligned with applicable Bangko Sentral ng Pilipinas (BSP) regulations and industry standards.
  • The full, updated Terms and Conditions are available here: Salmon Bank (Rural Bank) Inc. - Terms And Conditions For Deposit Products Effective 29 August 2026

By continuing to maintain and use your deposit account with us on or after 29 August 2026, you are deemed to have read, understood, and agreed to the updated Terms and Conditions. 

For questions, please visit any Salmon Bank branch or contact us at:

30.06.2026