[7] City Savings is regulated by the Bangko Sentral ng Pilipinas.

Its corporate office is located at the UnionBank Plaza, Meralco Avenue corner Sapphire and Onyx Streets, Ortigas Center, Pasig, Metro Manila.

CitySavings was incorporated by Don Ramon Aboitiz and Teotimo Abellana in 1965 at Cebu City, Philippines as Cebu City Savings and Loan Association (CCSLA).

After 11 years, the bank expanded to the nearby city of Tagbilaran, Bohol.

[13] In January 2021, City Savings Bank acquired 70% majority stake of Batangas-based thrift bank Bangko Kabayan, making Bangko Kabayan became an affiliate of City Savings Bank.