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MECADEC Partners with Security Bank to Provide Nationwide Cashlink ATM Network to Seafarers’ Cooperative


Magsaysay Employees Crew and Alottees Development Cooperative (MECADEC), a savings and investment cooperative, signs a Partnership Agreement with SECURITY BANK CORPORATION to provide secure, efficient and convenient banking services through the CashLink Plus ATM Card to their members composed of seafarers.

Members and their beneficiaries will have access to Security Bank’s wide network of branches nationwide where they can conveniently avail of cash dividends, interest payments and loan proceeds as benefits from the fund that they put into the cooperative.

Security Bank is one of the country’s fastest growing private owned domestic commercial banks with 114 branches in key locations nationwide and the additional reach of Bancnet, Megalink and Expressnet affiliate member banks.

Photo shows Marlon Roño, Magsaysay, Employees, Crew & Allottees Development Cooperative -Chairman (center) with Security Bank Corporation’s executives who played key roles in finalizing the details of the Partnership Agreement after the contract signing held at their head office in Magsaysay Building, in T.M. Kalaw St., Ermita, Manila. From left are: Roman Leus – VP , Money Market, FX, Derivatives Sales Division; Pearl C. San Diego – AVP, Herrera Branch Business Manager; Mr. Marlon R. Roño; Jun S. Lagman - FVP , Area Business Manager for Makati; and Noel Tuazon – VP Marketing Head.


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