Rangay Bank Official Site

RANG-AY UPGRADES CORE BANKING SYSTEM

Rang-ay Bank continues to improve its systems to ensure globally competitive banking services for its clients. With the new core banking system (CBS), clients will easily transact inter-branch withdrawal and deposit transactions in all its 29 branches throughout the region. This upgrade will also allow the bank to connect to ATM networks and internet and mobile phone banking as next steps by early next year.

Nextbank software is a Core Banking System package which offers all the systems necessary to maintain client deposit accounts, term deposits, microfinance and secured loans, and to automate accounting, internal and regulatory reporting via web and mobile apps. The system is hosted in Amazon Cloud. It is fully compliant with the latest policies and regulations of the Bangko Sentral ng Pilipinas (BSP) and Southeast asian central banks.

Upon implementation of the new banking system, there will be a change in client’s deposit account number and bank statement format. For inquiries or clarifications, please call us at (072) 242-5661 to 63 or email us at treasury@rangaybank.com. You may also visit your nearest RANG-AY BANK branch for the complete details.

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CLIENT ADVISORY

Branch Schedule

With the transition to GCQ (General Community Quarantine) in many areas and the extension of the ECQ (Enhanced CQ) in Pangasinan & Benguet, precautionary measures against Covid-19 remain in place.

To ensure the health, safety and welfare of clients and employees alike, the following measures are implemented:

1. Shortened Banking Hours.

2. Reduced Banking Days, partly owing to required skeletal work force.

Like most banks, we have to reduce working days in some branches because of travel restrictions on our personnel and health concerns of clients & staff. Additionally, if an LGU imposes a complete lockdown, we have to comply and temporarily close the branch, to reopen as soon as cleared by the authorities.

We will be glad to serve your banking needs on the selected days. Salamat po sa inyong pag unawa. Dios ti agngina.

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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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