Rangay Bank Official Site

AGSERSERBI MANIPUD 1956

An Ilocano Institution: born, raised and nurtured by the Ilocanos. Rang-ay Bank celebrated Sixty Five (65) years of Countryside Banking with a recognition and awarding programme participated by it’s 30 branches via teleconference. The event was held on January 16, 2021 at One Nisce Place (ONP) Events Hall, City of San Fernando, La Union.

The event started with an opening remarks from Chairman Ives Nisce who shares the success story of Rang-ay Bank growing from a one (1) unit bank with only four employee to thirty (30) strong branches and more than two hundred fifty strong manpower in the Ilocos & Cordillera Regions. One highlight of the event was the recognition and awarding of the top performing branches and Head Office units for the 2nd semester and for the whole year of 2020. Another highlight was the pinning of the newly promoted officers for their continuous dedication in achieving the bank’s mission and vision.

Part of the program was “Gunglo Iti Mannurat nga Ilokano” (GUMIL) La Union President Ms. Djuna Alcantara delivered a talk about the Iloko heritage, culture and language. President & CEO Ives Jesus Nisce II congratulated all the bankers for a successful 2020 despite the pandemic.

At 65, Rang-ay Bank is also the oldest enduring private bank in Ilocandia and one of the most established banks in the country, a respected and trustworthy financial institution bringing progress and prosperity to the community. The bank is a hardworking countryside financial institution founded on January 16, 1956 by its visionary and civic-spirited Ilocano leaders led by Doña Numeriana “Yanang” Tavora-Querol and Don Teofilo A. Nisce. It has grown to become the biggest bank of its class in Region 1 & Cordilleras. As such, it continues to provide modern products and services to entrepreneurs,farmers, salaried employees, home owners, pensioners and people of North Luzon.

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