Rangay Bank Official Site

BSP RENEWS ACCREDITATION OF RANG-AY BANK AS RFI

The Bangko Sentral ng Pilipinas (BSP) updated the list of Accredited Rural Financial Institutions (RFIs) in a Circular-Letter issued by BSP Deputy Governor Fonacier dated February 26, 2020. Ten banks are accredited for the purpose of implementing the Agri-Agra Reform Credit Act of 2009 (RA 10000).

BSP’s list of banks approved as RFIs have been listed since 2012 and serves as a guide to inform the public of which banks to approach for agri-agra credit compliance.

RA 10000 aims to provide agriculture, fisheries and agrarian reform credit to improve the productivity of the agriculture and fisheries sectors. The Act considers loans to support activities and projects pertaining to agriculture as stipulated under the Agriculture and Fisheries Modernization Act (AFMA) and the Agrarian Reform Code of the Philippines.

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COMMUNITY PROJECTS IN LA UNION AND BENGUET

Three (3) branches of Rang-ay Bank marked their anniversaries by conducting community projects with financial literacy training in their respective communities in the 1st quarter of 2020.
Cold breeze of 2020 welcomes new beginnings in Benguet. Rang-ay Bank La Trinidad branch celebrated its 13th Anniversary last January 10, 2020 at Barangay Alapang, La Trinidad, Benguet. Flower growers from the said barangay headed by Ms. Yolanda Abalos received the hoses, pails, water drums, shovels and other farm tools from the bank. The farmers were also briefed on basic financial planning as part of the Financial Literacy program of the bank. The bank was represented by Area Manager for South Branches Winnie Mingaracal together with Baguio Senior Branch Manager Milagros Aida Guanzo, La Trinidad Branch Manager Marlon Flores and Marketing Team.
Cold breeze of 2020 welcomes new beginnings in Benguet. Rang-ay Bank La Trinidad branch celebrated its 13th Anniversary last January 10, 2020 at Barangay Alapang, La Trinidad, Benguet. Flower growers from the said barangay headed by Ms. Yolanda Abalos received the hoses, pails, water drums, shovels and other farm tools from the bank. The farmers were also briefed on basic financial planning as part of the Financial Literacy program of the bank. The bank was represented by Area Manager for South Branches Winnie Mingaracal together with Baguio Senior Branch Manager Milagros Aida Guanzo, La Trinidad Branch Manager Marlon Flores and Marketing Team.
Rang-ay Bank Bangar (La Union) Branch marked its 8th Anniversary by donating monoblock chairs to the market vendors of Bangar last February 11, 2020. The team led by Area Manager for South Branches Winnie Mingaracal together with Balaoan Senior Branch Manager Ma. Dulce Gonzalo, Bangar Officer-In-Charge Charmaigne Ordillo and Marketing Team turned over the chairs to the officers of Market Vendors Association headed by Mr. Danilo Garcia. The team also discussed the bank’s products and services emphasizing the business loan programs that would help the vendors to build and expand their business. Bangar branch has been serving the people of Bangar since 2012.

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ORIENTATION AND AMLA SEMINAR 2020

Rang-ay Bank held an orientation and AMLA Seminar for newly hired employees last January 18, 2020 at the bank’s Head Office Conference Room in San Fernando City, La Union. The bank continues to employ local talents to boost its workforce as it looks to expand operations and open new branches in 2020.

The event was attended by twenty-four (24) Rang-ay Bankers from the provinces of Ilocos Norte, Ilocos Sur, Abra, La Union, Benguet and Pangasinan. The orientation aims to infuse the new hirees with the bank’s mission “To hasten progress in the communities of the Ilocos Region and Cordillera through accessible and affordable banking services”. Product and services, Government & BSP Regulations, I.T., H.R. and security policies, Consumer Assistance Group (CAG), Financial Literacy, Anti-Money Laundering (AMLA) guide were also discussed.

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SOUTH BRANCHES PUGAD ADVENTURE

Rang-ay Bank from South branches composed of 11 branches in the provinces of La Union, Pangasinan, & Benguet held their Outing and Team Building last January 25, 2020 at Pugad Adventure, Pugo, La Union.

Headed by the Area Manager of South Branches, Winnie A. Mingaracal, 59 bankers from south branches were group into 4 teams-Yellow, Green, Red and Blue. The goal of the event is to ingrain teamwork among the bankers. AM Mingaracal prepared exciting activities and games such as Human Caterpillar Challenge, Water relay, Rope Passing Game, Rubber Band Shooting and Human Bundle Race for the bankers to develop team work and camaraderie among themselves.The overall winner in the activities were the Yellow Team led by Balaoan Branch Officer Trainee Shari Torralba. After enjoying the activities, the bankers had their sumptuous lunch and enjoyed the pool, zip line and other amenities of Pugad Adventure.

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