Trust is a big issue if not properly addressed. There are over 10 different banks with some having 2 or three branches of Banks in Dumaguete City. Below are some of the trusted banks of both locals and guests here in Dumaguete City:

Asia United Bank
Address: Dr. V. Locsin Street,
Dumaguete City
Contact: (035) 420 9097
Bank of Commerce
Address: Upper Luke Wright Street,
Dumaguete City
Contact: (035) 225 7667
Bank of the Philippine Islands
Address: North Road,
Dumaguete City
Contact: (035) 225 1234
Banko Sentral ng Pilipinas
Address: National Highway, Daro,
Dumaguete City
Hours: 24 hours open

Dumaguete City Development Bank
Address: Cervantes Street,
Dumaguete City
Contact: +63 35 225 3891
First Consolidated Bank
Address: Jose Romero Road,
Dumaguete City
Contact: (035) 225 5572
RCBC Savings Bank
Address: South Road, Real Street,
Dumaguete City
Contact: (035) 225 6848
Security Bank – Dumaguete
Address: Portal West Building,
Dumaguete City
Contact: (035) 422 0001

For people still having trust issues, especially with their financial properties, we completely understand. But then it’s better to trust a community safe bank than keeping it with you were ever you go. (plus, interests are quite high)
Aside from saving and keeping money, find here a list of Restaurants in Dumaguete and Accommodation, to spend your money wisely.