All banking institutions licensed to operate as such by the Bangko Sentral ng Pilipinas (BSP) are members of the PDIC. This includes universal and commercial banks (including branches and subsidiaries of foreign banks), thrift banks, rural and cooperative banks, and digital banks. For the quarterly updated list of insured banks, please visit the PDIC website at, www.pdic.gov.ph/dc_listofbanks.

Meanwhile, non-bank financial institutions such as cooperatives and non-stock savings and loan associations are not members of PDIC.