Rangay Bank Official Site

RANG-AY BANK: 30 BRANCHES STRONG

Rang-ay Bank opened its 30th Branch in Aringay (La Union) at the ground floor of the town’s new public market in San Benito Sur, Aringay, La Union last December 7, 2020. The program started with prayers in front of the new branch followed by the blessing of the branch premises officiated by Rev. Father Eric Ferrer of St. Lucy Parish Church, Aringay, La Union.

To celebrate the opening of the branch, Rang-ay Bank provided grocery packs to the first fifty (50) SSS pensioner clients who will open their pensioner’s account at the new Branch. Clients who opened accounts with the branch during the day also received snacks and giveaways as our way to welcome them.

Despite the Covid-19 pandemic, Rang-ay Bank continues to expand its branch network as it opened its newest branch in the coastal town. Aringay is a 2nd class municipality in the province of La Union composed of 24 barangays. The town boasts a wide hectarage of milkfish, prawn and oyster culture in barangays Alaska, Dulao, Samara and Sto. Tomas. The eastern part of the town is mountainous with fertile valleys cultivated with rice, tobacco, vegetable and other root crops.

Aringay Branch is a full service branch with a complete line of banking services. The bank offers safe and secure deposit services, provide affordable loans, international & domestic remittances, bills payment & collection of contributions as well as payout of SSS pensions & benefits.

PASKUA NGA NARANG-AY 2020

For the first time in the bank’s history, Rang-ay Bank celebrated the holiday season via a virtual Christmas Programme last December 18, 2020. Despite the restrictions due to the pandemic, the bankers still felt the essence of Christmas as all the Rang-ay Bankers from Head Office and 30 branches connected online.

This year’s Christmas celebration started with an e-mass followed by the welcome remarks and christmas message from Chairman Ives Nisce. In his message, he expressed his gratitude for all the blessings and success the bank received this year. He also recognized everyone’s hardwork and dedication to serve the countryside during the entire quarantine period of ECQ, MECQ & GCQ caused by Covid-19 pandemic.

One of the highlights of the event was the recognition of long serving Rang-ay Bankers with a special service achievement award. The awardees were Vice President for Credit & Remedial Management Nina Francisca Palabay who celebrated forty (40) years of service. Other service achievement awardees who served the bank for ten (10) years were Security Officer Reggie Ordoño, Rosales Senior Branch Manager Alsandy Galvan, Sta Cruz Branch Manager Jane Castillo, Baguio Branch Officer Odessa Saldo and Aringay Branch Manager Analyn Mendigoria.

The bank also awarded the top performing bankers of the year. The awardees were Sheila May Teodoro of Credit Management Unit (Bank Influencer Awardee & Female Support Staff of the Year), Michael Paras of IT Department (Male Support Staff of the Year), Anabel Agpuldo of Magsingal Branch (Rookie of the Year), Rodason Lubina of Tagudin Branch (Teller/Cashier of the Year), Ely Rose Rasay of Dingras Branch (Loan Assistant of the Year), Sheila Mae Nones of Luna Branch (Deposit Assistant of the Year) and Placido Tolentino of Agoo Branch (Field Staff of the Year). Nilbert Gabel of Sta. Lucia Branch (Guard of the Year) was also recognized.

Adding fun to the program were the presentations coming from IT & Security Department, Rosario Branch and Candon Cluster who all performed live at their respective offices which were viewed online. Christmas e-greetings by each branch and department were also shown at the event. President & CEO Ives Jesus Nisce II in his closing remarks expressed his warm congratulations to all Officers and staff for helping the bank continue our Mission and Vision to hasten progress in the communities of the Ilocos Region and Cordilleras and empowering North Luzon with globally competitive banking services in a year filled with unforeseen challenges brought about by the ongoing pandemic

RENEWING OF PARTNERSHIP WITH LANDBANK

Rang-ay Bank and the Landbank of the Philippines strengthened their many years of partnership with the renewal signing of a Rediscounting Line Agreement at the Rang-ay Bank’s Head Office in San Fernando, La Union last September 18, 2020.

Bank represented by President & CEO Ives Jesus Nisce II, Vice President for Credit and Remedial Management Nina Francisca T. Palabay, Corporate Secretary Melanie Delos Santos, and Credit Management Officer Kaye Ann Culbengan renewed its Rediscounting Line Agreement with Landbank represented by Department Manager Jesus E. Allegre and Account Officer Janyfi C. Cisnero of La Union Ilocos Lending Center (LUILC).

Rang-ay Bank finances Agri-Businesses such as rice-millers, vegetable haulers, contract growers, warehousers, agri-suppliers and bamboo growers all over the region. The bank provides collateral-free farmers loan to small-scale cultivators, farmers, tenants or lease holders that covers backyard or cottage poultry projects and livestock raisers. With the funds made available by Landbank, the bank is able to provide additional capital for agricultural projects such as livestock and fishery projects, planting of rice, corn and vegetables and other food crops raisers. With the bank’s low interest rate on loans coupled with flexible terms, home owners looking for credit can likewise avail of Pabahay Loan Program either for purchase of house and lot, construction or renovation of their existing houses.

BAYANIHAN TO RECOVER AS ONE (BARO) ACT

SKILLS DEVELOPMENT THROUGH WEBINARS

As we continue to live in the new normal, Rang-ay bankers continue to upgrade their skills and knowledge through webinars to provide quality banking services to the countryside.

A webinar on How to Manage Stress during the Pandemic was held via Zoom last August 20, 2020. It was participated by various Officers from the 29 branches and Head Office Support Units. The webinar was facilitated by Human Resource Department (HR Training Team) in coordination with one of our Health Insurance provider Intellicare with resource speaker, Ms. Criselda Lorenzana.

Last September 17, 2020, The Rural Bankers Association of the Philippines (RBAP) hosted a virtual seminar on Virtual Training on AML Rule & Regulations and Risk Rating System.The webinar discussed the updates on AMLA Rules & Regulations; concepts of Money Laundering, Terrorism Financing & Proliferation Fianancing. The Credit Information Corporation (CIC) also conducted online workshop last September 18, 2020 participated by Credit Management Officer Kaye Ann Culbengan. The training covers the technical requirements for submission and compliance with Republic Act No. 9510 or the Credit Information System Act (CISA).