UCPB, also commonly known as Cocobank, is one of the largest banks in the Philippines. In terms of assets, It is one of the top twenty banks in the Philippines. This bank has the distinction of being the only universal bank in the Philippines not listing in the Philippines Stock Exchange. In keeping with its name it caters significantly to coconut farmers. However, many others are welcomed and offered banking services through this long-standing Philippine institution. Begging life in 1963 as First United Bank (Philippines), it only had four branches. Today, this bank is concerned about and significantly invested in social development and charitable projects.